CA (Chartered Accountant)/Tax Agent/会计 - 在线解答各类Tax/Accounting问题

shuangchao

原帖由 qichxi 于 2009-2-24 10:55 发表
我也有个问题,老婆和我收入超过180K,除了养老金,买投资房,工作相关费用的抵睡,这类大众的方法,还有什么好方法?

Superannuation is essentially a risk free strategy to minimise tax, the downside is for young people, they may not want to lock their money in the superfund.
Most other strategies involves a certain level of risk, it is possible to reduce your tax to NIL, however, some times this is at the expense of you having a huge amount of debt on your shoulder. It is often a toss up between risk and benefit. if you want, email me some more personal details, so i can do a some detailed calculation for you.

LONELYMELBOURNE

原帖由 shuangchao 于 24-2-2009 11:42 发表
LONELYMELBOURNE, in relation to your question re company buying into another company.
the main issue here is revenue vs capital & the ability to recoup loss. therefore i think you are on the right tr ...

Hi David

Thanks for your help. Really appreciated. At the moment, most of candidates will take trading stock as an argument coz Kaplan's tips state that it is a trading stock issue. I think probably you are right, I need to re consider this issue more carefully. Thanks heaps.

Cheers,

Steven

shuangchao

Steven, text book answer is often different from a practical answer, discuss with your fellow candidates abit more and good luck

villa

原帖由 courier 于 2009-2-23 23:22 发表
太谢谢啦。 开动啦。明天来加分

棉花糖还没有来加分。。。

LONELYMELBOURNE

原帖由 shuangchao 于 24-2-2009 23:01 发表
Steven, text book answer is often different from a practical answer, discuss with your fellow candidates abit more and good luck

Thanks again.

丹儿

Lz是专业的牛人，进来拜拜:si91

courier

来了，今天纷纷才回来

加分了

LONELYMELBOURNE

原帖由 courier 于 25-2-2009 10:08 发表
来了，今天纷纷才回来

加分了

How to give points to people? I cannot find the function. Thanks.

pangpang

朋友即将跳槽到新单位，没有时间休long service leave。这部分的收入如何处理才可以尽量少交税 (也就是不算做当年的 taxable income)?可以全部进Super 吗?

shuangchao

原帖由 pangpang 于 2009-2-25 18:38 发表
朋友即将跳槽到新单位，没有时间休long service leave。这部分的收入如何处理才可以尽量少交税 (也就是不算做当年的 taxable income)?可以全部进Super 吗?

Salary sacrifice arrangement is designed for future earning rather than your current entitlements. in another words, its for something you going to earn, not something that you have accured already.

steveking

原帖由 LONELYMELBOURNE 于 2009-2-25 18:34 发表


How to give points to people? I cannot find the function. Thanks.

再努力一把，积分到了 200分，就可以评分了。在每层楼的右下角会出现“评分”这个功能。

yingwei..suoyi

My question:

I am thinking of outsourcing some of company activities, such as customer service, to individuals overseas As long as they provide me with invoices, I will have no problem in claiming them as expenses right? And do I file them under contracted services (rather than wages)?

Thank you.

shuangchao

原帖由 yingwei..suoyi 于 2009-2-26 05:10 发表
My question:

I am thinking of outsourcing some of company activities, such as customer service, to individuals overseas As long as they provide me with invoices, I will have no problem in claiming  ...

its not that simple, are you saying you hire overseas people to work for you, they generate income in the country they are in. The income then flow back to you, and you pay them a fee in return.
The problem with doing this is: depending on the country you are conducting such activities in, there is possibly a PE (permanent establishment) issue, which will then trigger a double taxation on the income you generate oversea, once in the other country, and once in Australia. in that case, having the invoice is irrelevant, the deduction will be denied in Australia on the basis that the income is in relation to another country.

janine

David, thanks a lot.

LONELYMELBOURNE

原帖由 steveking 于 25-2-2009 21:12 发表



再努力一把，积分到了 200分，就可以评分了。在每层楼的右下角会出现“评分”这个功能。

Thanks, it's really a long way to go....:)

yingwei..suoyi

原帖由 shuangchao 于 2009-2-26 10:15 发表


its not that simple, are you saying you hire overseas people to work for you, they generate income in the country they are in. The income then flow back to you, and you pay them a fee in return.
...

Hi David, thanks for that. However, in my case, we do not generate any income from the country which we plan to outsource our work to.

As such, in our case, will it be a simple case of paying on invoice and claim it as expense under a certain classification? And what should we classify that as? Contractor? Professional Fee?

shuangchao

Generally Yes, treat it as contracting fees. but it will once again depending on the country you are outsourcing to and the activities you engage in.
I can provide you with a more specific answer if you provide more information on the country and type of activities. you may msg/email me if they are sensitive information.

yingwei..suoyi

Hi David,

Planning to outsource some part of customer service and marketing to Philippines.... if that helps:)

Thanks and good karma to you:)

shuangchao

Sounds like you have foreign resident employees in this case, which means you will need to withhold tax from their salaries. If these people who works for you have their own business, and you are merely contracting some works out to them. Withholding tax is still required at top marginal tax rate unless they hold a valid Australian ABN number.
Your best chance is to go see a good accountant, tell them what exactly you planning to do, where the activities are conducted, who you going to use, employee/contactor etc etc. International dealings are often very complex, your everyday tax agents often can't give you a correct answer.
its never as easy as the other party issue you an invoice, and you claim a deduction.

罗基

楼主，中国进口澳洲的货物如何向澳洲海关减免进口关税？这问题能解答或提供帮助么？

shuangchao

Depending on the value and the nature of the imported good. you may not have much GST & duty to pay in the first place. if we are talking about significant amount of import, then there is no way of not paying any GST & Duty, none that i know of, then again, i don't want to pretend to be an expert on customs rules. Customs officers will generally assess the value of your goods based on say equivalent Australia product cost, and then impose GST & Duty on the value accordingly.

罗基

多谢！

shuangchao

ding

Marsonline

David?! Got the same name with my current boss...@_@

Question: I don't understand why so many ppl like negative gearing, itz like bcoz ATO will take 45% out of ur income, so that u put 100% into the bin (or even into debt)? *from an investor's view*  I am not qualified yet so forgive me if I ask dumb question... Thanks.

BTW, one of my frd is doing CA and her mentor seems not that nice. What's ur opion about changing a Mentor? Will he/she be irritated? Thanks ag.

eagleowl

想知道自己花钱建立的小生意 sole trader, 过几年卖了后这么上税. 按普通人的税报?

shuangchao

To put it simply, if you sold it for more than your acquire, there will be a capital gain in relation to the sale of your business, which is to be included in your personal tax return.  if you sold after 1 year, you will be entitled to a 50% capital gain concession.

eagleowl

for example,  if I spent 3w to set up a business and sold it after 5 year for 10w.  So the taxable incoming is 3.5w?

shuangchao

It is actually more complex than that, but that's the general idea, yes

adacz2007

我也有问题
1A薪水税前65000一年，女友无工作，de factor的同居关系，请问可以退税多少？具体是怎么计算的？
2 A是程序员（假设），买的电脑和打印机等等也想退税，如果要证明新买的电脑一半或者80%与工作相关，该提供些什么呢？
谢谢啊

shuangchao

1. How much you can get back as tax refund, will depend on how much tax was withheld from your salary, and how much you have spent on work related deduction. It is impossible to tell from what you have given me so far.
2. In the event of an audit, you have to substantiate that 80% of the computer/printer usage was for work related purpose. in order to SUBSTANTIATE it, you have to show how you have calculated your claim for the expense. This could be done by keeping a diary for a representative month period recording hours of business use compared to private use.  When you work in the IT field, using your home computer for work related purpose is expected. it is generally an issue say, a receptionist claims 80% of her computer expenses. This is why putting in the correct occupation code in your tax return is quite important.