Financial Statements

» Jo Murphy - Tax Time

I should have had a look at where you are from Tiffany.
I am from Australia and we have GST
I used to submit GST quarterly and then was allowed to stop that.
When I lodged Tax this year I hadn't taken myself off that system properly - I had to redo my tax from the start for that year.
Yuck!
I appreciate that our sytem allows for mistakes and that we have time to correct.
I learnt from that expoerience because I had to learn how to read profit and loss reports.
I now know a little bit more about how to plan around profitability.
This old creative mind is slowly changing to a more sructured and logical approach.
But it hasn't come easily.

Cheers - thanks for voting in my poll!
Jo

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» Tiffany Bradford - Tax Time

In response to Tax Time posted by brisbaneartist:
It's always fun to have to try to learn new things -- although at times it can certainly be difficult. I don't think redoing taxes is fun in any country! I'll be touching on other countries (including Australia) and how their standard accounting/taxes works soon. Stay tuned!
Thank you for the comments; have a great weekend!
Tiffany

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