Tax For Australians For Dummies by Jimmy B. Prince

Tax For Australians For Dummies by Jimmy B. Prince

Author:Jimmy B. Prince [Prince, Jimmy B.]
Language: eng
Format: mobi
ISBN: 9780730305859
Publisher: Wiley
Published: 2014-02-02T14:00:00+00:00


Inhaling the good news

You may find that operating as a sole trader has a number of significant and appealing benefits, such as:

The business is easy to establish and operate.

Fewer legal restraints exist.

You can calculate your income using the cash or receipts basis if you run a small personal services business (see Chapter 13).

Your financial affairs aren’t available for public scrutiny, as is the case with a company structure.

You can nominate beneficiaries in your will.

Some of the tax issues involved in operating as a sole trader are as follows:



Download



Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.