E-tax 2016 : Tax Refund On Spot

In Electronic Income tax return 2016 (Etax 2016), the clients need to declare their income from 1st July 2015 to 30th June 2016.  As of this, you can lodge your 2016 Etax with us where you don’t have to worry about downloading this software or putting your precious time organizing out your tax return, or getting to open MYgovt account and linking to Etax. You don’t have to go through long process, you just simply pass this numbers and figure headache to our qualified Accountant and he will do the job for you in minimum time with maximum profit for our precious client.

What you have to do is just to fill up your basic information such as your tax file number and date of birth and our accountant will go through and verify all your information from tax portal provided by ATO and within 15 minutes will take your short meeting and provide you the view for FREE giving the option of 1 hour tax refund.

Lodging Etax 2016 from us, you will get faster and simpler online tax return with all the knowledge our accountant will get it for you, for your benefit. And ensure all the return is verified by certified and registered tax accountant. The advantage you get form lodging Etax with us is that you will get your tax refund within an hour, whereas Etax of Australian taxation office takes at least 2 weeks

peak month i.e. June, July and August and don’t worry about our professional fee, you have the option to deduct our fee with the refund you get from your tax return which will be deductible in your next your tax return.

<aFor more information on Etax, Mytax and online tax return, please contact us at 1300768284 or you can email us at enquiry@taxrefundonspot.com.au

Difference between employees and contractors

An employee works in your business and is part of your business, whereas a contractor is running their own business.

The following table outlines the differences between employees and contractors based on the six factors which need to be considered when determining whether a worker is an employee or contractor.

EmployeeCharacteristics of an employee include the following.ContractorCharacteristics of a contractor include the following.
Ability to sub-contract/delegate: the worker cannot sub-contract/delegate the work – they cannot pay someone else to do the work.Ability to sub-contract/delegate: the worker is free to sub-contract/delegate the work – they can pay someone else to do the work.
Basis of payment: the worker is paid

  • for the time worked
  • a price per item or activity
  • a commission.

 

Basis of payment: the worker is paid for a result achieved based on the quote they provided.
Equipment, tools and other assets:

  • your business provides all or most of the equipment, tools and other assets required to complete the work, or
  • the worker provides all or most of the equipment, tools and other assets required to complete the work, but your business provides them with an allowance or reimburses them for the cost of the equipment, tools and other assets.

 

Equipment, tools and other assets:

  • the worker provides all or most of the equipment, tools and other assets required to complete the work
  • the worker does not receive an allowance or reimbursement for the cost of this equipment, tools and other assets.

 

Commercial risks: the worker takes no commercial risks. Your business is legally responsible for the work performed by the worker and liable for the cost of rectifying any defect in the work.Commercial risks: the worker takes commercial risks, with the worker being legally responsible for their work and liable for the cost of rectifying any defect in their work.
Control over the work: your business has the right to direct the way in which the worker performs their work.Control over the work: the worker has freedom in the way the work is done subject to the specific terms in any contract or agreement.
Independence: the worker is not operating independently from your business. They work within and are considered part of your business.Independence: the worker is operating their own business independently from your business. The worker performs services as specified in their contract or agreement and is free to accept or refuse additional work.

For more information on Etax, Mytax and online tax return, please contact us at 1300768284 or you can email us at enquiry@taxrefundonspot.com.au