A record explains the tax transactions and other related operations carried out by your business.
Your business records need to contain sufficient information to be able to determine the essential characteristics or purpose of the transactions, understanding the relevance of the transactions to your business income and expenses.
At Y&S Accounting we provide advice for the proper recording of transactions, avoiding possible tax penalties. Please do not hesitate to schedule an appointment with us on our website www.taxbne.com.au/.
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