mail@nljpartners.com.au

2/1A London Drive Wyong NSW 2259

NLJ Partners, Accountants, Charted Accountants, Central Coast, Wyong, Lake Macquarie, Newcastle

GST

GOODS & SERVICES TAX (GST) What is Goods and Services Tax (GST)? Goods and services tax (GST) is a tax of 10% on most goods, services and other items sold or consumed in Australia. Some things don’t have GST included, which are GST Free Sales. GST Free items can be found on the ATO website, […]

Payroll Tax

PAYROLL TAX What is Payroll Tax Payroll tax is a state tax assessed on wages paid or payable to employees by an employer whose total Australian taxable wages exceed the threshold amount. See NSW thresholds at https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/payroll-tax/rates-and-thresholds Who needs to pay payroll tax? If you’re an employer who pays wages in NSW, you must register […]

What is Fringe Benefits Tax?

FRINGE BENEFITS TAX (FBT) What is fringe benefits tax? Fringe Benefits Tax (FBT) is a tax that employers pay on specific benefits offered to their employees, their employees’ family members, or other associates. FBT is calculated on the taxable value of the fringe benefit. The FBT year runs different to an Australian financial year, being […]

Small Business Strategic Planning

Small Business Strategic Planning A work/life balance as a small business owner can quite often be one-sided in order create a successful and profitable business with a strong cash flow and revenue stream. Getting back to the time you once desired from starting your own business may not be as far away from achievement as […]

Small Business Growth

Growing a small business involves a combination of strategies and tactics. Utilise strategies that will continuesly seek to improve your business.