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Hi guys , Who knows if a non US resident (not present in US) can open and operate a US bank account ? Is wire transfer from US bank to Aus bank , the best way to move $$ from US to Aus ?

Thanks , Sorry I mean my Pty Ltd.

Thanks MTR , I have made up my mind and will use my ACN for now where needed. Later I can see if i need any changes . By the way , Do we know how does ATO tracks foreign income coming into my bank or Paypal account , Unless untill I declare do they have a mechanism of saying that Mr XXX u got...

Thanks Paul and Terry. I will cont with my ACN than , just a question ,After leaving tax withheld amount , I can transfer remaining to my personal acc as dividends ? My previous setup , 6 weeks contract that I did with ACN , was paying myself salary. Can I pay dividends to myself now and Do...

Thanks and who can give me that advise , Any recommendations plz ?

Hi guys , I am after a piece of advise , I am starting up couple of reference websites i.e. they are like blogs having reviews of products and links of products on Amazon. Every click pays me a % and mainly US mkt will be targeted with this. Now , I already have Australia Pty Ltd , I...

Thanks Guys , I am not going to do anything dodgy that puts me in bad place , Also as this is my 1st time , I am just trying to get views from experts. Now on point raised in one of the post's to keep my individual gross income to till $80,000. I had a look at NAT1007 , As per that if once my...

Bump ! xxxxxxxxxxxxxxxxxxxxxxxx

Hi guys , Continuing from my other post , I am in a situation where Suncorp has given me expected valuation which means i can take 50Ks from equity n savings towards new loan for future PPOR. 1. My current bank (CBA) won't refinance (or top up) because of my work situation , my broker is...

Hi Paul , Yes at the moment 1 contract/employer only , I did another contract few months ago through another agency which was PAYG. EDIT : Are u saying in case of PSI there are no other strategies to structure income withdrawal from company accounts apart from doing PAYG to yourself or paying...

Thanks Terry. Any recommendations for a accountant who can help me not only issue#2 i mentioned above but also on following ; #3 . Salary structure - As I am the only one in my company , what's the best way/tips to withdraw funds from my company accounts to maximize my tax refunds . For the...

Thanks Terry , Are there any legal concerns if I do so ? Just curious to know. Ah Sorry , Just saw your link re Division 7a issues . Thanks !

Hi Scott , No my business does not own an Offset account , Any recommendation who I can talk to re this ?

Thanks , I have an Auskey and can login to Business portal as well. Just wanted to know what's needs to be done after , Looks straight forward as per your reply.

Hi guys , Got a small business here (practically not a business as I am IT contractor with a Pty. Ltd) , just wanted to know what's the easiest and cheapest way to lodge a BAS statement electronically ? I know it can be done via ATO business portal but how exactly is it done , Do I do...

That's it research ends here , this was stupid enough post !

This post is 1st part of my research :)

Hi guys , I am just trying figure out which areas are best in Melbourne and around in where you can buy a piece of land and expect at 15-20% profit (not sure if this expectation is too high) in 6 to 12 months time ? I am looking to to put 200-220 K in it , keeping LVR ratio to 80%...

Thanks guys , I am in touch with Shahin & he has been very helpful. But it seems my situation is becoming more tricky. I dont think I can get any top up from CBA as I recently picked up a contract via my ACN and CBA wont service my top up request. I am thinking of selling my existing PPOR...

Left a msg for him . And told my existing broker to cancel valuation even though he said its free and suggested me to do it.