In addition to the income tax that you would already be liable for as an employee, others may include depending on certain factors:
- Company tax
- Goods and Services Tax (GST)
- Pay As You Go (PAYG) Withholding
- PAYG Instalments
- Fringe Benefits Tax (FBT)
- Payroll Tax
- Stamp duty
Depending on your size if your business you may be liable to pay the liabilities on a monthly, quarterly or annual basis.
If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com
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