Every business should be able to produce certain records to be able to finalise the business's income tax return. This paper analyses the records that should be maintained so that they are available for the preparation of the business's income tax return or for inspection by auditors from the Australian Taxation Office.
The paper is presented in two pages, under the headings:
- Avoidance Of End Of Year Panic
- Important That Figures Are Accurate
- Reconciliation Of Bank Accounts
- Computer Records
- Checklist Of Records Required For Taxation Return Preparation
- Export Market Development Grant Information Required
