10 SMALL BUSINESS TAX DEDUCTIONS YOU SHOULD KNOW IN 2022

Hello there,

Most of us are not aware of our tax payments until the bookkeeper comes to us and shows us the reports and return amount. As small business owners, we have so many tasks on hand that it can be taxing to look into the taxes and claiming deductions. I quite scared of the ATO because they penalised me once. Anyway, I always try to keep track of these expenses to know if they can be deducted. The good thing is that most of them are deductible. However, you need to have the list with you to claim in the appropriate financial year along with the records. To know more about these claims, look at the article shared below.