Simplify tax and save money with streamlined bookkeeping
Small businesses are often just that--small. Bookkeepingmay be done by a professional outside the company, but more oftenfalls to an employee or the business owner, who may or may not bewell-schooled in the intricacies of tax law and businessregulations. Tax time can end up costing small businesses a fortunein either professional fees or missed deductions every year. Whatif you could simplify the process and save money?
Taxation for Australian Businesses: Understanding AustralianBusiness Taxation Concessions is the ultimate guide to taxfor the small business owner. Author Rod Caldwell, 20-year veteranof the Australian Taxation Office, leads you through the process ofmanaging your books and keeping more straightforward records tosimplify the process of filing tax. The introduction of the GST andthe new tax system involves a lot of new work for business owners,but Taxation for Australian Businesses eases the way byexplaining the intricacies of applicable tax law, fully updated toparallel the May 2014 budget. Topics include:
* Business structures, accounting systems, and cashaccounting
* FBT, private versus domestic use, and when to record apayment
* Motor vehicles, the GST, and depreciation
* Owners salary, end of period processing, and how to account forstock trading
The book explains everything you need to know and ties it alltogether to show you how to put the information into practice. Nojargon, no textbooks, just common sense and reason. If you wouldlike to get your bookkeeping straightened out and get back to yourbusiness, Taxation for Australian Businesses: UnderstandingAustralian Business Taxation Concessions is the one guide thatwill get you there quickly.