An increasing number of people across Australia are planning to forsake the 9-to-5 grind and set themselves up with their own business venture. This is a very important part of the Australian economy and can provide plenty of opportunity to the enterprising individual. While there are exciting times ahead if you choose this path, you have to ask yourself some very serious questions first. Otherwise, you could make some key mistakes that could cause issues down the road.
9 October 2017
Tax planning refers to legitimate measures you can take to lower your tax liability. As a savvy taxpayer, you should use tax planning schemes. However, it's important to ensure you don't accidentally or purposefully use tax avoidance methods instead. How can you ensure that you are taking the right approach? Learn more about tax services and take a look at these tips. 1. Track Business Expenses Carefully If you run a business or are self employed, you need to be sure that you only deduct business expenses from your business income and that you don't include personal expenses.
26 April 2017