The Basics of PAYG Tax Pay As You Go (PAYG) tax is comprised of two components, PAYG withholding and PAYG instalments. PAYG withholding is an employer's legal obligation to withhold amounts from payments made to employees for income tax purposes, while PAYG instalments is a system for paying amounts towards your expected end of year income tax. The actual income tax amount due is calculated when a tax return is lodged. The benefit of paying PAYG tax on a monthly or quarterly basis is that it is much easier to stay in control of your money and tax returns. If calculated correctly, at the end of the year, your tax debKeywords:
Michael Quinn, payg, pay as you go, tax, ATO, employee, employer, instalment, accountant, tax agent, tax minimisation, tax return, withholding Top tips for business owners this Christmas break Our thoughts at this time of year are generally consumed by Christmas shopping, holiday planning, scrumptious foods and end of year parties. While all of these festivities are taking place it is important as a business owner not to forget about the important tasks that need to be taken care of before the break and fun begins. The first step is to create a 'to-do list' in order to see everything that you need to do and to avoid forgetting anything (no one wants to come in on New Years Day because they suddenly remembered an urgent matter)Keywords:
Michael Quinn, Michael Quinn, quinns, sydney, business tips, christmas, year end business, small business Ways your Car could get Hacked Would you in a million years believe that your car could get hacked? Like the way Zappos, Inc the online mega shoe store, got recently hacked. Their cyber security system could not stop online hackers who in the end gained access to about twenty four million customer's account details and private information. You may be more vulnerable than you think when it comes to securing private information, since cyber vulnerabilities extend far beyond the internet, banks, and social networking sites. It can definitely be applied to your car. Read on to find out the ways in which your car could geKeywords:
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