The Australian Taxation Office has taken the trouble to prepare some documents, for tax agents and practitioners, aimed at small business and how they manage their affairs.
It explains generally how small businesses can prepare their finances in such a way where it not only makes it easier for Australians to run and to keep an eye their own business ventures but to also make business fair for all and to level the playing field when it comes to preparing their taxation returns.
At Lister Mason we have prepared a short, simple and easily understood guide that gives a nice run-down on the general expectations as set by the Tax Office.
The guide will give you an insight into what the ATO expects of us when preparing our client’s tax work.
Please feel free to click on the guide below.
