Understanding tax requirements helps make sure your business is taxed correctly and avoids penalties. Get an overview of record keeping, registering for taxes and your options for paying tax.
It’s important to know which records you need to keep and for how long. A good record keeping system can help you get on top of your records. It can also help you track your progress and seek finance if required.
How you lodge your tax will depend on your business structure. Find out what you need to lodge and when a Business Activity Statement (BAS) is also needed. Don’t get caught out, find out what you need to lodge and the due dates early.
