Business Tips : Managing the GST

Remind your staff never to pay accounts if they have not been provided with a tax invoice bearing an ABN.

Never assume that your staff understand the importance of collecting valid invoices and receipts - or you could find yourself at the end of the financial period with a very large pile of non-claimable receipts.

Keep in mind that bottom line profitability is often dramatically affected by the sum of many deceivingly small expenses.

This Better Business Tip is brought to Perry Ure clients by the
Department of State & Regional Development.