Lisandro Groves

Bartoletti Street

This is a useful presentation but unfortunately that moving hand drawing and writing is very distracting.

You didn't mention .... the carry-forward unused concessional contribution cap provisions. The carry-forward rules allow you to carry forward any unused portions of the concessional contribution cap for a rolling five-year period beginning from the 2018-19 financial year. So the cap back then was $25,000, and it changed to $27,500 from July 1, 2021. So let's say that you received concessional contributions of $20,000 in the 2019 financial year, and $20,000 in the 2020 year, and $20,000 in the 2021 year, and $20,000 in the 2022 year. You would have carry-forward contributions amounts of $22,500. So that's the unused portions added up from the year, the cumulative amounts heading into the 2023 financial year, plus the general 2023 financial year cap of $27,500, allowing you to receive concessional contributions of up to $50,000 for the 2023 financial year. However, and this is a big however, you can only utilize the unused carry-forward amounts in a financial year if your super balance was below $500,000 on June 30 of the previous financial year. So to use the carry-forward amount of $22,500 for the 2023 financial year, you would have needed to have had a total super balance below $500,000 on June 30, 2022. If it was higher, you cannot utilize the unused cap amounts. You can still obviously use the $27,500 though.

Hi. Do you guys do income tax, BAS and GST? Thanks!

Thank you

If you withdraw unrestricted non preserved Super before Preservation age , do you get taxed on it or is it tax free?

Excellent video. Concise and to the point, no fluff. Really appreciate it

Hi,I am wondering why it does not include gst when I buy coffee latte mix powder and chai latte powder? I know coffee and Tea are GST free.

A very useful and information-dense summary of the topic. Thanks.

Great info ! Thanks

Great video!!! Thanks

Good video but music is slightly higher

Is superfund ABN number and ABN number is similar or different? To link my ato to Mygov account, it is asking for my Super fund ABN but my super account is based on TFN. I'm lost.

Your sincerity and honesty are truly amazing and top notch on how you saved me after having several withdrawal difficulties thank you #BENTECH900😊

'promo sm'

which software did you use ?

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Very useful, and presented in a simple and understandable way, I believe the channel will go far!

Did it really help us?🤔Leave me a comment telling me how the GST helped us? Or how it may of not🧐helped us🌏

Hey, thanks for the. video..but honestly find the music disturbing over the voice ....maybe too loud. Just feedback but thanks for the content

Very annoying music in background

What i want to know is how the ato would extract the gst out of a foreign business? For example i fill in a web form from a music store in America to purchase a piece for my drum kit and he doesn’t charge me gst, or he does but then doesn’t pass that onto the ato?

do you need to withhold taxes from independent individual contractors/freelancers working outside Australia?

Helpful information. Thank you

hi do you know anything about living trusts

Music wayyyy too loud. Can't hear the lady speaking.

The music on your video is too loud to follow the info...just letting you know.

If you could just turn the background music way down or get rid of it altogether please. So distracting. Otherwise great video.

You always have an excuse that stops you from starting a business, Then you are the one to demolish the excuses and get started ! a fellow creator';;';'

It is totally bullshit that it is the final consumers that pay GST. If your product sale price is perfectly matched to $100, you cant just increase it to $110 because of GST, because then you make less sales and less profit. You have to keep it at $100, and pay more tax to the ATO. The moment you start making more than the GST threshold, the government just taxes you 10% more. They just want you to think that the consumer is paying it, when its actually just coming out of your profit like any other tax.

hello, my business had to pay a "subscription fee with 10% GST included" to Shopify earlier (when it was NOT GST-registered). This transaction was reconciled as "BAS excluded" in Xero. After registering for GST, the company ABN is provided to Shopify. Since then, the Shopify bill no longer charges the 10% GST. So now, the subscription fee paid to Shopify should be reconciled as "GST Free Expenses"? thanks in advance :)

Thats a good educational video