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Sole Traders Tax Returns

Sole trading is the easiest and most convenient way to start up a new business, however filling in business tax return may be difficult for an entrepreneur. Our trained professionals are experienced in filling in tax returns so you do not have to worry about it, and you can focus on developing your business.


Sole traders are people who individually run their own business where they have full control and are legally responsible for every aspect of your business. You are able to hire employees but not employing yourself. It is also the cheapest and simplest structure for a new business.


Starting a new business individually is tempting and exciting but it is also important to fill in the correct tax returns for your maximum profits. Sole Traders have to fill in Profits Tax Return in Hong Kong, which is different from Salary Tax Return in many ways, its tax rate and the information needed also varies.


For sole traders in Australia, you have to lodge business income in your individual tax return, but you only need to pay an individual tax rate which is lower than the set tax rate of companies. Being a sole trader also benefits from a tax-free threshold of AUD18,200 where companies do not benefit from it and have to tax every dollar they earn.


CK Tax And Financial is a group of experienced professionals, expertise in providing all types of tax return services including lodging individual and business tax returns in Australia and Hong Kong. Our team will help you distinguish all business expenses which can be deducted.


Once we are working with your tax return, you can rest assure that you are getting all suitable deductions claimed. Before lodging any tax return, we will compare, confirm, and update every data to provide you with more accurate results to avoid penalties. We will provide you with highly professional and specialized services to reduce your stress and allow you to expand your business easily.

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