Wrapping Up 2021 Another financial year has been & gone. For some businesses it will have been the most challenging in years. Many will have been impacted by Covid-19 shutdowns and struggled to keep their businesses operating and viable. The new financial year may bring renewed hope and opportunities, but attention still needs to be
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Why Is Good Record Keeping Essential? If you’re operating a business there are many reasons why good record keeping, including source document retention, is essential. Tax legislation (administered and enforced by the ATO) contains specific record keeping and substantiation provisions, along with many stringent lodgement and payment deadlines For those operating in a company structure,
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