Tools, Rates, Calculators and Resources
This page has a collection of useful resources for individuals and business owners.
Rates – Australian Taxation Office
Shows the percentage of tax payable for each income bracket, for individual Australian taxpayers, for the financial years 2011-12 and 2012-13.
This document provides a list of quick links to the pay as you go (PAYG) withholding tax tables for payments made from 1 July 2012.
Current Consumer Price Index (CPI) rates.
For the purposes of Division 7A, the benchmark interest rate for an income year is the Indicator Lending Rates – Bank variable housing loans interest rate last published by the Reserve Bank of Australia before the start of the income year.
List of daily, monthly and annual foreign exchange rates. Updated to include daily and monthly rates for June 2012.
This information contains fringe benefits tax (FBT) rates and thresholds for the 2011-12 and 2012-13 FBT years.
Provides details of eligible fuels and fuel tax credit rates.
Tools & Calculators – Australian Taxation Office
This decision tool is designed to assist individuals and sole traders to determine whether they are entitled to register for an ABN.
This tool will help tax agents to determine if an entity satisfies the basic conditions and is eligible for the capital gains tax (CGT) concessions that are available for small business.
Provides reports of decline in value calculations. This includes disposal calculations, and comparisons between the prime cost and diminishing value methods of calculating deductions for decline in value.
This decision tool helps payers in the building and construction industry determine whether a worker is engaged as an employee or independent contractor. It will give a decision based on answers to some simple questions.
This decision tool is designed to help you work out if the fuel you use in your business is eligible for fuel tax credits.
This decision tool will ask you a series of questions to help you determine whether a food or beverage is GST-free or taxable. NAT 73129.
This calculator will help you work out the deduction you can claim where a home office is used for income producing purposes. This calculator is available for the 2009-10, 2010-11 and 2011-12 income years.
Advice about business records you need to keep, and how well you keep them.
This calculator will help you work out the tax you owe on your taxable income for the 2009-10, 2010-11 and 2011-12 income years.
If you are an employer or another withholding payer, the TWC helps you work out the tax you need to withhold from payments you make to employees and other workers.
This calculator will help you work out all four methods of work related car expenses.
Calculates the deduction for work-related uniforms, clothing, laundry and dry cleaning expenses.
Dropbox is a free service that allows the storage and sharing of documents, videos and photos online. Files can be accessed from any computer or mobile device using an internet browser or through the free Dropbox program. *Note: An internet connection is required to utilise this service.*
Skype is a service that allows users to communicate by voice, video and instant messaging over the internet. Registration and communication between Skype users is free. Skype also offers call services to landlines and mobile phones at low rates. *Note: Skype cannot be used to make emergency calls. An internet connection is required to utilise this service.*
TeamViewer enables Macs, PCs and mobile devices to remotely access computers over the internet or hold online meetings. TeamViewer is free for private non-commercial uses. *Note: An internet connection is required to utilise this service.*
This site provides government information and transactions for people operating a business (or planning to start a business) and their advisers. You can apply for an Australian business number (ABN) electronically, and search for a business’s ABN on this site.
CPA Australia is a representative association of Certified Practising Accountants that participates in ATO consultative forums.
Information and download of TaxReady – a tool to help small businesses improve their business tax practices.
Additional tax considerations for people operating a business at or from their home.
Voluntary standards to help you set out tax invoices as well as invoices that don’t include GST. NAT 11675-11.2010
ASIC’s special investor and consumer website MoneySmart offers free, independent guidance to help you make the best choices for your money. It is put together by an experienced team of financial planners and consumer educators.
This document explains how personal services income may affect your business
SCAMwatch is to provide information to consumers and small business about how to recognise, avoid and report scams. Scams that are reported to SCAMwatch will be analysed by the ACCC.
Outlines the alienation of personal services income measure: who is affected and what it means for them.
Explains the requirements of a valid tax invoice and recipient created tax invoices (RCTIs). NAT 12358
WageNet is the Department of Employment and Workplace Relations website that provides information about wages and employment conditions. It has links to state government websites about the same topic.