Category: Tax

You must keep detailed records for all transactions related to your tax and superannuation affairs as you start, run, sell, change or close your business.

You can vary your PAYG instalments if you think you will be paying too much when compared to your estimated tax for the year.

While you are getting your information ready for us to prepare your 2021–22 income tax return, here is a short list of items the ATO is on the lookout for this tax season.