Growth is what all businesses should strive for but there are dangers to growing your business too fast. Be prepared, avoid the dangers & follow this advice.
In the dynamic landscape of business operations, the role of a Chief Financial Officer (CFO) is paramount in steering a company towards financial success. However, for many businesses, the prospect of hiring a full-time CFO may seem financially daunting. As a strategic alternative businesses may choose to use an accountant to fulfil the role of a Chief Financial Officer (CFO) for several reasons...
- Posted in Bookkeeping, Business Advice, Growth, Profitability, q4 financial, Tax & Accounting
- by q4financial
There are harsh penalties for employers if the super is not paid on time. In addition to interest and penalties, the employer cannot claim a tax deduction for any payments made after the due dates. Read on...
The answer according to the ATO - you should keep records long enough to cover the period of review (also known as the amendment period) for an assessment that uses information from the record.