Use our new schedule of fees template (in Microsoft Word) to set up a schedule for your practice.  Providing new or existing clients with this information is a good way to manage their expectations in relation to the fees you charge for your services.

Forms/Fee Schedule

Two separate tax planning workbooks (for companies and non-companies) for 2018 are now available to project annual profit, estimate taxable income & tax payable and devise ways to defer or save tax.

Tax Planning – Company
Tax Planning – Non-Company

Calculate fortnightly gross wages and PAYGW based on variable net wages of business owners.

PAYGW – Pay Estimate Fortnightly

Four workbooks have been rolled forward to 2018 to assist with projections for PAYG Withholding Variations for the year ended 30 June 2018.  They include projections for rental income and expenses, depreciation of fixtures and fittings, interest on investment loans and motor vehicle expenses.

PAYGW Variation – Depn
PAYGW Variation – Interest
PAYGW Variation – MV Exps
PAYGW Variation – Rent

We have added our fringe benefits tax calculator for use with all employer and fringe benefit types for the year ended 31 March 2017.  The workbook includes calculation of FBT payable where applicable, calculation of the value of benefits for an employee contribution and a summary of all benefits by type and employee.

FBT – Full Calculator

Calculate fees and periodic payments for a client entering into a fixed price agreement with your practice.  This workbook provides for multiple jobs spread across multiple related client entities and includes automatic calculation of fees based on the prior year fee and a markup or enter your own fee.  Payments are calculated on either a weekly, fortnightly or monthly basis.

Fixed Price Agreement

Two separate versions of this workbook (for companies and other entities) have been rolled forward to 2017.

Profit & Tax Projection – Company
Profit & Tax Projection – Other

The 2016 and 2017 versions of these workbooks have been updated to include cost per share.

Calculations/2016/CGT – Shares
Calculations/2017/CGT – Shares

Calculate interest, borrowing expenses and end of year balances on a standard hire purchase contract with regular fortnightly payments.

Calculations/2017/Hire Purchase Fortnightly
Calculations/2016/Hire Purchase Fortnightly

Enter a weekly or monthly summary of income, expenses with GST, wages and PAYG withholding to calculate amounts to be set aside for subsequent payment of GST, PAYG Withholding, PAYG Instalments (or Income Tax), Superannuation and FBT.   This workbook will also estimate the client’s annual tax liability and allow the use of separate (updated) quarterly rates for PAYGI and separate quarterly amounts for Superannuation and FBT instalments.  If you are maintaining a separate bank account for these future liabilities, the workbook allows entry of all transactions and will reconcile those figures and the calculated balance with bank statements.

Calculations/2017/Tax & Super Debt – Company