Aqua Bookkeeping

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Ready for tax time

 25 May 2018

We know it's a busy time of year.

Here are some tips to help you get ready to lodge your tax return:

  • Gather and sort your business records now, including cash, online, EFTPOS, bank statements, credit or debit card transactions covering:
    • sales and other business income
    • expenses you can claim as a business deduction such as staff wages, contractor expenses, operating expenses and business travel expenses.
  • If you changed your record keeping software during the year, check that all your information has transferred over correctly.

 

https://www.ato.gov.au/Newsroom/smallbusiness/General/Ready-for-tax-time-/?sbnews20180516