You can reduce your tax liability by confirming to tax laws. Here are some of the ways you can reduce your tax liability : - Selling the old assets - Payment of expenses in advance - Writing off slow moving inventory - Carry back of losses
This document is helpful for the bookkeeper to ensure that he has all the basic information required for starting bookkeeping engagement with the client.Read More...http://www.rayvataccounting.com/australian-business/australianbusinessworkmethodology/bookkeepping-checklist/
Starting a new business is a great decision. You must become aware of the key requirements for a start up in Australia.Read More...http://www.rayvataccounting.com/australian-business/australian-tax-accounting-system/registering-a-startup/
While creating new accounts in MYOB it is very important to choose a correct tax code as it can affect the way the transaction is reported in BAS. Read More...http://www.rayvataccounting.com/australian-business/myob-for-your-business/choosing-correct-tax-code-in-myob/
Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered. For More Information Visit Us : http://www.rayvataccounting.com/australian-business/business-activity-statement
We at Rayvat Accounting have expertise working on XERO bookkeeping services. We are Xero Certified advisors and services, our many clients on XERO.
Importance of MYOB in your business We understand that as a businessman you have to deal with many nitty-grittys and have to make decision day in and day out. For More Information http://www.rayvataccounting.com/australian-business/myob-for-your-business
Goods and Service tax (GST) is levied on sales of all the goods and services in Australia.GST is generally chargeable at 10% of value of sales. For More Information http://www.rayvataccounting.com/goods-and-service-tax
We Provides Accounts Outsourcing Services In Australia, Accounting services Australia, Australian Accounting services, Outsource Accounting to India. For More Information Visit Us http://www.rayvataccounting.com/australian-business/australianbusinessworkmethodology
Using Saasu for your business.A multi-award winner and loved by customers in 50 countries, Saasu is transforming the way business owners and advisors interact with financial data.Know more on Saasu for your business at: http://bit.ly/1mWXasx
Rayvat Accounting - income distribution to beneficiaries, tax brackets, inheritance tax trust is commonly used forms of business in Australia.
Here is the list of some of the common mistakes which bookkeepers make in filing BAS statement.Read More...http://www.rayvataccounting.com/australian-business/business-activity-statement/common-gst-mistakes-to-avoid-while-filing-bas-statement-with-ato/
Australian Business Number (ABN) is required by all the business which operate within Australia.Read More...http://www.rayvataccounting.com/australian-business/business-activity-statement/withholding-of-tax-when-there-is-no-abn-on-invoice/
Due dates for lodgement of Business Activity Statement with Australian Taxation Office and payment of taxes.Read More...http://www.rayvataccounting.com/australian-business/business-activity-statement/due-dates-for-lodgement-of-bas/