Tax basics for small business

Manage your invoices, payments and records

Good records help you monitor your business health, analyse your cashflow and demonstrate your financial position to lenders, businesses and accountants. Under tax law, your records must:

  • explain all transactions

  • be in writing

  • be in English

  • be kept for five years (although some records need to be kept longer).

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Contact Us

Proactive Accountants & Bookkeepers​

Tel: 0424 513 740
Postal Address​​​​​​: P.O. Box 156

Collins St West

Melbourne Vic 8007

Socialize With Us

Proactive Lending Solutions is a Credit Representative (CRN 482161) Of BLSAA Pty LTD ACN 117651760 (Australian Credit Licence NO 391237)

© 2023 by Proactive Accountants & Bookkeepers