Frequently Asked Questions
We get asked numerous questions about issues like starting a business, GST registrations and our services so we have compiled a list of frequently asked questions to help you. To read the answer to any of these questions simply click on the question.
- What Steps are Involved in Starting a Business
? - Do I Have to Register for GST?
- What Tax Records Do I Need to Keep for My Business
- What Is a Business Activity Statement?
- What’s the difference between an ABN and an ACN?
- Do I have to include GST on my Invoices?
- What Software do You Recommend for My Start-Up Business?
- How Much Tax Do I Pay?
- Can I claim my motor vehicle expenses?
- What Do I Need to Do When I Employ My First employee?
- What’s the most appropriate tax structure for my business?
- Are You Small Business Experts?
- How Much Do You Charge?
- How Do I Change Accountants?
Upside Accounting - Helping Your Business Achieve Amazing Results
Arrange Your FREE
No-Obligation Meeting
Either phone us on (03) 9575 3800 or complete the form below
Download now and get your
business off to a flying start!
30 Mar
Federal Budget 2022-23 Overview
The 2022-23 Federal Budget is aimed at moving business into the digital era with both carrots and sticks in the budget. In this overview we
examine what the impact of the Federal Budget will have on individuals and businesses...
More >
22 Feb
The Marketing Essentials for Business Start-Ups
With the upheaval experienced to all aspects of our lives due to the Covid pandemic, it is not surprising many people are questioning their
career choices and considering major changes. As a result, we are expecting to see a surge in business start-ups in 2022. New business
owners often focus on the product or service offering, financial aspects or other mechanics of start-up whilst neglecting their marketing
plan, instead of making it a priority…
More >