Records retention and disposal rules

How long should records be kept, or do you just keep everything?

Destroying or discarding records too soon�poses legal and tax issues, but keeping records for too long wastes space and time, potentially increases risk, costs money and can make retrieval more difficult.

Records retention authorities are guidelines on keeping records for a specified period of time. This ensures that records are not destroyed accidentally, or before all uses for the records have ceased, and that records are not retained longer than they are needed.

Are you confident that the right business records are...

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Website: http://www.records.com.au

Related topics : business tax records how long to keep australia / business tax records how long to keep / business tax records retention / tax records retention australia / keep tax records business

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Bitcoin and Crypto Taxes :: Frequently Asked Questions

LOC (English) ; NTA (Japanese)

You can typically find more information about the specifics of your country's taxation rulings on official government websites (such as IRS.GOV for United States taxation information). A compilation of information on crypto tax regulations in the United States, Canada, The United Kingdom, Germany, and Australia, which can be found here .

The Library of Congress...

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Website: https://bitcoin.tax

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Seven Steps To Sorting Your Uber & Rideshare Tax ...

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Seven Steps To Sorting Your Uber & Rideshare Tax Obligations

So you're thinking of becoming a rideshare driver. It's a great way to earn extra money on your own terms. But driving for Uber, GoCatch and their kind does come with some complicated tax obligations. If you've never had an ABN or run your own business before it can be daunting.

DriveTax are the leading authority on tax...

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Website: drivetax.com.au

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Seven Steps To Sorting Your Uber & Rideshare Tax ...

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Seven Steps To Sorting Your Uber & Rideshare Tax Obligations

So you're thinking of becoming a rideshare driver. It's a great way to earn extra money on your own terms. But driving for Uber, GoCatch and their kind does come with some complicated tax obligations. If you've never had an ABN or run your own business before it can be daunting.

DriveTax are the leading authority on...

Read more


Website: drivetax.com.au

Tax Deductions for Uber Drivers - DriveTax Australia

Tax Deductions For Uber Drivers & Rideshare Drivers

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As tax time rolls around again, Uber drivers and rideshare drivers across Australia will�be looking to maximise their tax deductions. This article explains�the different options for claiming your vehicle expenses, how to keep a logbook, as well as a range of other potential tax deductions for rideshare drivers.

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Motor Vehicle...

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Website: drivetax.com.au

Tax Deductions For Uber Drivers & Rideshare Drivers ...

As tax time rolls around again, Uber drivers and rideshare drivers across Australia will�be looking to maximise their tax deductions. This article explains�the different options for claiming your vehicle expenses, how to keep a logbook, as well as a range of other potential tax deductions for rideshare drivers.

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Motor Vehicle Expenses

There are two different methods available for...

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Website: drivetax.com.au

Capital gains tax in Australia - Wikipedia

Capital gains tax (CGT), in the context of the Australian taxation system , is a tax applied to the capital gain made on the disposal of any asset, with a number of specific exemptions, the most significant one being the family home. Rollover provisions apply to some disposals, one of the most significant of which are transfers to beneficiaries on death, so that the CGT is not a quasi estate tax...

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Date: 2019-03-13 23:00:33
Website: https://en.wikipedia.org

How to claim charity donations on your tax return ...

Tax deductible donations are a great way to give your tax refund a boost while contributing to a worthy cause. Charities rely on the generosity of people's donations to support them, so they can achieve� goals like helping the less fortunate or making a better world.

Like many Australians, you may have a charity or cause close to your heart. And every time you make a donation over $2 to a...

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Website: https://www.etax.com.au

Related topics : tax return deductions / tax return claim australia / tax return claim / tax refund return time / gift tax return