When tax time rolls around, entrepreneurs have sets of tax problems to tackle – their business tax affairs and their personal tax affairs. In today’s video, SmartCompany editor James Thomson talks to tax expert Marc Peskett of MPR group about what records individuals need at tax time, the main deductions that can be accessed and how the ATO keeps a close eye on your affairs.
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Next week we’ll examine the key pre-June 30 moves entrepreneurs can make in relation to minimising their business tax bill.
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