The Australian Taxation Office has released three GST video tips that it says will help small business owners understand what they need to do with the Goods and Services Tax, how to do it to, and how to better meet their tax obligations.
Each of the three videos focuses on a specific question: How to keep your records for GST; Completing your BAS; and Lodging your BAS on time.With 10 per cent of Aussie invoices including incorrectly calculated GST, the timing of theses GST tips from the ATO couldn't have been better. You can check each of them out below:
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