Search results

Datto - Yes good point BUSINESSES can use cash v's accruals in some instances. It sometimes isn't that straight fwd. For example using MYOB/Xero to track receivables and payables may mean the small business eligible for cash basis of income tax isn't eligible as it elects to use accruals through...

Many posts here concern the benefits of a tax agent and ability to extract value v's DIY. Always worth considering that sometimes the quantum of tax is unavoidable. However strategies can often address and improve the timing of tax. Deferral of tax strategies can improve cashflow and delay...