There are a number of tax matters you may need to attend to if you decide to either:
- cease operating your business or
- sell your business or
- register a business but not actually start operating the business
These tax matters may include:
- cancelling your ABN and other registrations
- lodging and paying any outstanding activity statements or notices
- making GST adjustments on your final activity statement
- lodging your final tax returns.
About the Author
Warren Kruger is an Australian Tax Specialist and Advisor.
For a FREE Report "7 Essential Strategies to Reduce Your Taxation NOW!",
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Warren Kruger is an Australian Tax Specialist and Advisor. For a FREE Report “7 Essential Strategies to Reduce Your Taxation NOW!”,enter your name and email address in the Opt In Box located on the top right hand side of this article.
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