Published on 20 Mar 01
by QUEENSLAND DIVISION, THE TAX INSTITUTE
This paper discusses the following points in relation to Simplified Tax System: Should you advise your client to use the STS?; What are the pitfalls of a cash-based system?; Are the trading stock concessions of any value?; Can you get substantial benefits from the STS depreciation concessions?
John is a partner at Bentleys Pty Ltd with responsibility for Tax and Superannuation Consulting. He is a Queensland State Councillor of The Taxation Institute of Australia and is a member of the Institute of Chartered Accountants' Tax Committee. He has broad experience across different tax issues applying to business as well as international tax matters.
- Current at
01 September 2011