PPATAX & Associates

Frequently Asked Questions

FAQ's

Helping you stay informed and in control of your finances.

You must register for GST if your business has aGST turnover of $75,000 or more per year ($150,000 for non-profit organisations). If you expect to reach this threshold, or want to claim GST credits, voluntary registration may also benefit you. We can assess your situation and help you register with the ATO if required.

If you're registered for GST, yes—youmust include GST on all your taxable sales invoices and issue atax invoice to your customers. These invoices must meet ATO requirements, including your ABN and GST breakdown. Our team can help you create compliant invoice templates or integrate invoicing software to streamline your process.

We provide a complete range of accounting and business advisory services for small to medium-sized enterprises (SMEs), including:

  • Business structure setup (sole trader, company, trust, etc.)
  • GST & BAS lodgments
  • Bookkeeping & payroll support
  • Income tax returns
  • Financial reporting & budgeting
  • ASIC compliance & company secretarial services
  • Business strategy, growth planning & cash flow management

We’re your one-stop solution for proactive accounting and business success

Absolutely! We help new business owners set up with theright structure, tax registrations (ABN, GST, TFN), and financial systems from day one. We’ll guide you through legal obligations, recordkeeping, business planning, and more—ensuring you're compliant and positioned for success from the start.

Most individual tax refunds are processed by the ATOwithin 2 weeks of lodgment (often faster if lodged electronically). For more complex returns or business lodgments, processing may take longer. We'll track your refund status and follow up on your behalf if needed.

The ATO requires you tokeep tax records for at least 5 years from the date you lodge your tax return. This includes invoices, receipts, bank statements, and payroll records. For businesses, keeping good digital and physical records ensures compliance and supports audits or funding applications

Personalised & Strategic

Wherever you want to go—business or personal—we’ll help you get there.
Start your journey with trusted advice fromPPATAX & Associates.