How long to keep tax records remains one of the most common compliance questions for Australian small businesses in 2025. Understanding clear record keeping requirements protects your business, keeps tax time stress-free and ensures you can claim every eligible expense. This guide from ACT Bookkeeping covers everything you need to know—whether you’re using paper records,…
Day: October 29, 2025
Medicare Levy Explained: How It’s Calculated and What It Means for Your Business
The Medicare Levy explained: How it’s calculated and what it means for your business guides Australian business owners through the essentials of Australia’s public health system contributions. Many people find themselves puzzled each year when they spot the Medicare Levy on their income tax return, wondering how much tax applies, why it’s needed, and what…
