Hi there, I am new to freelancer so I am getting to know the deal. I could do the job for less than the submitted quote, depending on the work involved.
Key questions that I would like to know the answer to:
- Is the entity registered for ABN/TFN?
- Is the entity registered for GST?
- What good/service does the company sell?
- What was the turnover for FY 14 (or approximate)?
- Do you expect to have made a profit = there will there be tax to pay? Registered tax agents can defer this liability until June 2015.
- Is there a bank feed (export to csv) that I can code from to prepare the financials (P&L, BS, notes)
- Will there be the need for some tax planning advice (i.e. if there is tax to pay, we can get creative to legally minimize the average tax rate faced)?
- Have some level of tax invoices (receipts) been kept for substantiation to reduce tax audit risk?
I am Sydney based, happy to take calls to discuss.