Hi there,
Business taxes are a headache. You need a lot of time to calculate them correctly and cannot afford to make mistakes because the ATO will punish you for the same. Also, to make sure that you can claim deductions, you have to showcase the transaction proofs in the same financial year. Thus, I dread the tax season and have completely stopped looking into the matter. I have a reliable bookkeeper who does the job efficiently by reducing the tax bills through the deductions and other legal strategies. We make sure that we are not doing anything wrong and do not pay more than required as tax money. Here is an article that will enlighten you about this matter.
