Obviously, investors were very pleased after the introduction of franking credits. However, the tax authority wasn’t so happy. So, to prevent investors from taking advantage of franked dividends, the ATO came up with conditions that need to be fulfilled before one can offset their tax using fr...
How to record GST payable For help on recording GST payable in your MYOB products, see theHelp & Support area How to report GST There are four tax periods when you will be required to report your GST to the Australian Tax Office (ATO). These are for the July-September quarter, October-...