5 tax tips for new business
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Transcript of 5 tax tips for new business
5 tax tips for new business: What you need to know!
We all want to pay as little tax as we legitimately can. A little bit of planning and a little bit of forethought can go a long way towards minimising your taxes.
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The tax planning and forethought should actually start before you buy a business, when you are choosing what business structure to use.
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Here are five tips to get you started!
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1. Pay yourself tax-effectively
2. Keep proper records
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3. Be sensible
4. Put money aside for tax
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5. Keep a log book
Be smart!
Article credit: http://www.franchise.net.au/advice/5-
tax-tips-for-a-new-business-what-you-need-to-kno
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