FEX 5.17% 30.5¢ fenix resources ltd

When a company become profitable as such or meets the turnover...

  1. 718 Posts.
    lightbulb Created with Sketch. 141
    When a company become profitable as such or meets the turnover guidelines as mentioned, there is a grace period as such before monthly tax payments become compulsory I believe. I believe it has something to do the timing of the official lodgement of FY reports to the ATO. An accountant may be able to clarify this for us.
    FEX will be paying monthly soon enough if they aren’t already
 
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