Tag: gst
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What taxes to worry about when starting a business?
No matter what you do, taxes are an unavoidable part of making money. Understanding the taxes that apply to your business is essential to stay compliant and avoid unexpected surprises. Here’s a breakdown of the key taxes you need to know.
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What is BAS?
What is BAS and when do I have to pay it? Business Activity Statements, better known as BAS, are a taxation requirement for any Australian business making $75,000 or more in a financial year. The $75,000 threshold is based on your sales, sometimes referred to as turnover. Expenses and deductions are not taken into account…
Shipshape Bookkeeping 