How do you get back on track for end of financial year?
Being organised is the best way to ensure tax time success. Make sure you have collated receipts, invoices and other tax material or we can recommend products like Receipt Bank or Hubdoc to automate a lot of the work. It is important to keep your records in order all year round so that you’re not in a panic at tax time.
There are certain procedures that businesses need to following and at First Class Accounts we use detailed checklists to prepare and hand client’s work to their accountants for End of Financial Year. These checklists include our End of Year Payroll checklist,