As a bookkeeper, I come across a number of costly mistakes that small businesses make on a repeated basis. I am only going to share six of them with you in this article.
My goal is to make you aware of what these are to save you money, an audit and sleep more soundly at night. Please let me know if you can add some more, as I know that there are alot I could have included!
What are the six mentioned above?
1. Poor Record Keeping
2. Pay for an Accountant you do not need
3. Fail to use the convenience of cloud accounting software
4. Claim GST on all expenses
5. Fail to claim all your expenses
6. Forget to pay on time
What other mistakes can YOU think of?
Read the entire article at http://www.myofficebooks.com.au/blog/6-tax-mistakes-to-avoid/