Startup Tax Preparation

When initially registering as a new business, you're starting up. Australia offers a number of avenues for entrepreneurs to structure their business to minimise taxation.  C.B Accountants explain what options there are for small businesses to minimise tax.

CB) The first and foremost step any startup can take is to register early. And begin collecting receipts. Although this may sounds obvious, in the rush and excitement of beginning a businesses book keeping is the last priority. However the simple process of categorising expenses and adding them to a spreadsheet or an MYOB account. A book keeper, either an employee or an outsourced .

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