Consult our tax agents and CPA's on a range tax issues relating to your sole trader business, company or trust.
In Australia, business tax is levied on the income or profits earned by businesses. The tax is generally calculated on the net profit of the business, which is the total income of the business minus any deductible expenses.
Businesses are required to register with the Australian Taxation Office and are generally required to lodge a business tax return each year, regardless of whether they have made a profit or loss.
The rate of business tax in Australia varies depending on the type of business and the amount of net profit earned. For example, companies are generally taxed at a flat rate of 30%, while sole traders and partnerships are generally taxed at the individual tax rates, which range from 0% to 45%.
CTK Accounting are business tax experts and help our clients minimise tax by keeping our finger on the pulse when it comes to changes and advancements in tax law.
We lodge tax returns and offer tax consulting for a range of industries and the following entities:
Franchise owner, Crust Pizza
Director, A1 Metal Roofing Pty Ltd.