Tax Facts

Ph: (03) 9373 2100

Tax Facts

In today’s ever-changing market the complexity in providing the most appropriate Accounting and Tax advice is paramount. Every business in every range of profitability requires financial reporting that can be the basis of their growth and ultimate success. We provide accounting services designed for both the expected and the unexpected, guiding our clients through the full range of tax planning strategies that minimize liabilities. Our expertise, experience, analysis, allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.

Our services include but are not limited to…

    Tax Facts - Excise

    Excise duty is a tax on certain types of goods that are made in Australia including alcohol, tobacco, petroleum, and alternative fuels.

    Customs duty is imposed at an equal rate on imported alcohol, tobacco, and petroleum to ensure imported and local goods are treated consistently. These goods are referred to as Excise Equivalent Goods (EEGs). There are specific obligations to consider when dealing with excisable goods and EEGs.

    MORE: See the Excise section of the ATO website for more information.