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Guide to starting a business

5. Prepare for tax

Getting on top of your taxes now can make things easier in the long run. It can help you avoid penalties and make sure your business is taxed at the correct rate.

Starting a business guide Required

Keep the right records

A good record keeping system can help you get on top of your records. It can also help you track your progress and seek finance if required.

Starting a business guide Required

Understand taxation for your business

Understanding tax requirements helps make sure your business is taxed correctly and avoids penalties. Get an overview of record keeping, registering for taxes and your options for paying tax.

Starting a business guide Required

Learn how to lodge and pay for tax

How you lodge your tax will depend on your business structure. Find out what you need to lodge and when a Business Activity Statement (BAS) is also needed.
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