Detailing Your Retained Earnings for EOFY
What are retained earnings and why are they important for an Australian company?
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What are retained earnings and why are they important for an Australian company?
Running a small business keeps you busy enough without having to worry about you tax. It pays to hire some expert help – and not just at tax time. You don’t even have to leave your office!
Preparation is the key to a great tax refund. So, what documents should you bring with you when you book an appointment with a tax agent?
Knowing how and what business expenses you can claim at tax time, will help you reduce the income on which you need to pay tax. What are some top claim you can make for your small business?
Most Australians claim around $3,041 tax deductions come tax time, however there are some professions that claim much more than the average. What are the jobs with the largest tax deductions?
No matter what business structure you’re working under, once your business earns over an annual turnover of $75,000, you’ll need to register for and start lodging your BAS with the ATO.