Max Warlow & Associates Pty Ltd
Consultancy Services
Pay-roll Tax & WorkCover
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Many employers lose substantial sums in
the areas of Pay-roll Tax and WorkCover. A staggering 48% of all errors in this
legislation is caused by a lack of understanding of how the legislation
applies to payments to contractors. Most taxpayers take one of two incorrect
approaches: * Pay on all contractors As the refund
provisions in Victoria for Pay-roll Tax are limited to tax overpaid during
the previous three years,(other States vary) any overpayments of tax beyond
this three year period will be forfeited. The Pay-roll
Tax law contains very complex grouping provisions, frequently causing several
entities to be considered as one taxpayer for Pay-roll Tax purposes. Whilst
the Tax Commissioner does have some discretion to 'ungroup' separate and
independent businesses, it is absolutely essential expert guidance is sought
when applying for such discretion. Taxpayers
should be aware that in The leading
Case law in respect of interpreting the application of the relevant
legislation and how it applies to contractors is Behmer & Wright, a case
conducted and won by Max Warlow. Max Warlow
& Associates Pty Ltd have a long, successful history of applications made
on behalf of clients, and can be of considerable assistance should that need
arise. The best time
to have your Pay-roll Tax and WorkCover affairs examined and put in order is before
you are audited, not after. The security of professional guidance from Max Warlow & Associates Pty Ltd may be sought by contacting them via telephone or email |