Home Forums Starting your journey Shall I register company Pty Ltd Now or after 1st July ?

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  • #1228327
    Mr.Chips
    Participant
    • Total posts: 3

    Hi All,

    I am looking to register a company Pty Ltd and wondering if I shall wait till 1st July as its just week away. If i register now, do I need to do tax returns for this year for 1week or how does this works ?

    Thanks.

    #1228340
    valentlau
    Participant
    • Total posts: 54

    You really need an accountant that understands you for this. Whether you do tax returns really is not dependent on if you’re a pty or not. But the structure of course has some effect. pty or not, an accountant will make you more $ than they cost.

    • This reply was modified 1 month ago by valentlau.
    #1228343
    Mr.Chips
    Participant
    • Total posts: 3

    Thanks, my main concern is will I be required to lodge tax return of Company for the one week left for financial year or Company will have its own separate Financial Year than me ?

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