Bas-Sol Pty. Ltd.
Bookkeeping in Claremont

Established in 2003, basso is a CPA practice with six capable accountants. In 2014, we opened an office in Beijing to assist Chinese business migrants before they invest in business opportunities in Australia. Our onestopshop business and accounting solution meets the advisory needs of little and medium sized businesses. We do not invoice based on time billing, instead our fees are based on the scope of the project, and are agreed to before to the commencement of any work. The fees are invoiced equally on a monthly basis throughout the financial year, which assists our clients to manage their cash flow. The basso Solution has been designed to help you build and sustain.

basso fees are stationary beforehand and are based on the services determined by you. Taxation services for individuals, companies and partnerships. As portion of our ongoing drive to ensure superior financial and business tax advice, we also run a Graduate Business programmed, which is an in house training programmed for graduate accountants. This programmed includes training over a three month period and a today training seminar that focuses on undergoing job interviews with a thriving outcome. Get professional and constructive financial and business advice from the specialists. As highly suited and experienced accountants, the basso team is capable to convert Chinese financial into Australian standards, so as a business migrant you can rest effortless scholarly the professionals have the best interests of your business and finances at heart. Where an employee, company director, or office holder receives an allowance for travel costs within Australia and the person makes a claim for the costs of accommodation, food, drink and incidental expenses up to definite limits, then the person is not needed to retain written evidence (i.e. These deduction limits are based on the salary of the person and the destination of the trip. Note this concession does not apply to self employed persons, including partners in a partnership. Where an employee, company director, or office holder receives an allowance for travel costs outside of Australia and the person makes a claim for the costs of food, drink and incidental expenses up to definite limits, then the person is not needed to retain written evidence (i.e. The APO each year issues a Determination which outlines the amounts that are warranted as estimates of the value of goods taken from trading stock for private use by business owners (including their associates) in positive industries who operate as sole traders or in partnership. The pertinent amounts need to be included in the asses sable income of the individual for the year. Fringe benefits tax and a different set of valuation rules apply where the business owner is employed through a company or family trust. The APO has published a very skillful Guide to assist businesses in the Building Construction to determine if the individual they are paying is an employee or autonomous contractor for income tax purposes. The rates of tax for all companies and some associations are as follows: The rates are based on the engine size of the car and are as follows: Superannuation funds are taxed a rate of 15 on taxable income which includes employer contributions and the deductible part of self employed contributions. This FBI vehicle calculator is provided by the Australian Taxation Office and determines the taxable value of a vehicle fringe benefit using either the statutory formula method or the operating cost method. The base value of a car below the statutory formula method is the CST inclusive cost, including dealer and delivery charges and non business accessories (e.g. Registration and stamp duty on transfer are excluded. Note the base value of the car can be reduced by one third after the vehicle has been held for four packed FBI years. When using the operating cost method all costs are inclusive of CST. Deemed operating costs refer to deemed depreciation and interest and are both planned in much the alike way as depreciation using the apropos car depreciation rate and statutory interest rate. The cost of the vehicle upon which these deemed costs are intended is inclusive of CST.