If you are starting a new business, it is important that you begin with solid foundations. A crucial stage in getting started includes preparing for taxation lodgements and ensuring business compliancy. The power of regular bookkeeping and accounting routines will create effective habits in the long run. Your business success is our foremost priority and you can trust us to provide you with the tools for success.
Some of the Initial Things you May Need to Do
- Register an Australian Business Number (ABN)
- Register a business name
- Apply for a Tax File Number
- Register your business for Goods and Services Tax (GST)
- Register for PAYG withholding
- Check the Personal Property Securities Register (PPSR)
- Consider insurance, such as public liability, professional indemnity, or income protection