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Financial Advise

$15-25 AUD / hour

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Posted over 9 years ago

$15-25 AUD / hour

I need an Australian income tax specialist to advise me with a potential job offer. I've been offered the job. He is wanting to know how much I want to do the job. The job could pay anywhere from $70000 to $110000 AUD. I require $81600 net per year to sustain my current income. I need to earn double this in gross earnings to clear $81600. I have the opportunity to: Accept the job as a PAYE employee. Work as a sub contractor & invoice the employer monthly. Or start a family trust where my wife can also draw a wage to minimize the tax. Your task for this job would be to outline for me: Which method I should take to pay as little tax as possible. How much I should ask for in my acceptance of the job to achieve the most I can without insulting my new employer. With your solution I want a breakdown of potential earnings & tax payable for Australian law. i.e. If I created a trust, and billed the employer X dollars, I could pay my self & my wife X amount of dollars per year & pay X amount of tax. The position is for Project manager. Major deductions will be the use of my own car, phone & tools.
Project ID: 6826748

About the project

8 proposals
Remote project
Active 9 yrs ago

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8 freelancers are bidding on average $58 AUD/hour for this job
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Hi my name is Athar. I am a professional tax and management accountant. I am currently working for accounting practise in Melbourne where my duties are preparing taxes, tax planning and providing tax advice for companies with $2 million or above turn over. what you have asked for is a professional advice and that is why the chargeable rate is high. The advice will be provided by qualified CPA on a company letter head. should you have any question please do not hesitate to contact me on 0430 338 073. Thank you
$167 AUD in 2 days
5.0 (1 review)
2.1
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As a employee. You will need gross pay of roughly $113,500 - assuming all other variables being equal e.g. medicare levy, family benefits, etc. As a sub-contractor - you will need to satisfy sub-contractor vs employee test. The biggest hurdle is the 80% rule, that is, if you 80% or more of your income in a year comes from one single employee, you are deemed to be employee instead of a sub-contractor. Via a trust - additional costs such as setup/registration of a trust, annual tax return of the trust, so forth. Accept my bid and create a milestone and I will provide a comprehensive report. David associate member CPA
$100 AUD in 1 day
5.0 (2 reviews)
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A proposal has not yet been provided
$22 AUD in 10 days
5.0 (1 review)
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I am flexible worker who always gives 100% effort.I am hard-working, smart, pleasant, cheerful and possess great communication skills
$22 AUD in 15 days
0.0 (0 reviews)
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I am an experienced professional accountant, article writer, researcher and academic writer with lots of experience. I am also about finishing my MBA course in the university. I read your project description and perfectly understand what you need. I am hardworking and committed, so you can expect a high quality work from me. Thank you for reading my bid. Sincerely yours, Jonaboy.
$22 AUD in 6 days
0.0 (0 reviews)
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A proposal has not yet been provided
$55 AUD in 10 days
0.0 (0 reviews)
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I am an Australian Income Tax Specialist and fully qualified accountant. I have worked in some of the largest global chartered firms, in their Australian offices. I have specialised skills in both fixed and discretionary trusts. I am able to provide detailed advice as you have requested in this particular area. Of important consideration will be the PSI rules. I will also need to know what tools you would be supplying to perform your role. If you were to work as a subcontractor would your invoice be based on fixed monthly rate or performance targets or meeting milestones of the project? In addition to this project, I would be available for further consultation to set up for your compliance obligations such as registering for an ABN and GST if required. Thank you for considering my application.
$44 AUD in 3 days
0.0 (0 reviews)
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Hi there, What I strongly recommend is to incorporate a corporate entity and contract that company with your employer. We can bundle in a website and web-app (if you like) to show how professional you are in project management not just for the current employer but even other potential employers who might come across your website! The contract fees that is paid to the company can then be paid out to yourselves (you and your wife) as 1-tier non-taxable dividends! In Singapore, the first S$300,000 of profit is non-taxable too. A quick intro of my company; we offer audit, accounts bookkeeping, corporate secretarial, IT development, webpage, virtual offices, and tax services for entrepreneur start-ups and SMEs in affordable customized packaged solutions. We are based in Singapore, Australia, Malaysia, Indonesia, Japan, Bulgaria, and Poland and have an extensive network of affiliate firms around the world. We would be delighted to have the opportunity to work with your steadfast growth business and to help provide sustainable solutions and advisory. To offer you our packaged solutions at your budget requirements, let us discuss further Thank you Regards, Ronnie
$33 AUD in 3 days
0.0 (0 reviews)
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About the client

Flag of AUSTRALIA
Clayton, Australia
5.0
15
Payment method verified
Member since Nov 29, 2014

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