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These are documents you create as you plan and execute your R&D activities. To undergo a proper review process, your business records need to indicate the following clearly: ✔️ The exact amount you spent on R&D activities. This includes all relevant costs associated with your R&D efforts. ✔️ The specific nature of the R&D activities. ✔️ The direct connection between your expenditures and your R&D activities. It’s important to document the reasonable methods you used for allocating expenses between eligible core R&D activities, supporting R&D activities, and non-R&D activities. Here are the tips to maximise your R&D Tax Incentive: ⬇️ https://lnkd.in/gxbZkjGP #Infinity22 #RDTaxIncentive #ResearchAndDevelopment #TaxCompliance #BusinessGrowth

📄 Tax documents are a big part of running your business and need to be prepared professionally. A competent Amazon bookkeeper will know how to go through the financial data and make sure everything is in line with what the government requires. This is paramount when running a successful eCommerce business. 🛒 You want a professional firm that will know how to prepare the tax returns and do them the right way. Learn the responsibilities of an Amazon accountant here: ⤵️ https://lnkd.in/g2eUKWG5 #Infinity22 #AmazonAccounting #eCommerceFinance #TaxCompliance #AmazonSeller #Bookkeeping #TaxPreparation #FinancialManagement #OnlineBusiness #eCommerceSuccess

📝 You may have record sales, but if the customer acquisition cost and operating expenses are more than the total sales volume, your business is on a fast track to failure. That’s where you need an experienced ecommerce accountant. The right accountant should have extensive experience in dealing with e-commerce accounting. Learn why your e-commerce business should use an Amazon seller specialised accountant. 👉 https://lnkd.in/gxX_XkgK #Infinity22 #AccountantAustralia #AccountingServices #AccountingAustralia #OnlineAccountant #EcommerceAccountant

☝️ If your business trades cryptocurrency as part of its regular operations, the digital assets may be treated as trading stock. This means that any gains or losses from the disposal of these assets will be treated as ordinary income or deductions, rather than being subject to CGT rules. Learn more here: ⬇️ https://lnkd.in/gaCAUwGU #Infinity22 #CryptoTax #TradingStock #ATOTax #Cryptocurrency #BusinessFinance #TaxCompliance #CryptoTrading #Blockchain #CryptoAccounting #AustralianTax

🚀 Maximising your tax refund starts with understanding the tax deductions available to you. Every dollar you claim in deductions reduces your taxable income, potentially increasing your tax refund. However, many taxpayers either miss out on eligible deductions or make tax deductions mistakes that lead to audits or reduced refunds. This comprehensive guide will help you navigate tax deductions 2024, ensuring you claim everything you’re entitled to while staying compliant with ATO regulations. Keep reading: ⬇️ https://lnkd.in/ggt-RQhS #Infinity22 #TaxRefund #TaxDeductions #ATO #TaxTips #FinancialPlanning #MaximiseRefund #TaxCompliance #AustralianTax #MoneyMatters #TaxSeason

📊 Recent data reveals that a significant proportion of online stores in Australia operate on Shopify, with this figure expected to grow further by 2025. This expansion is driven by Shopify’s intuitive interface, powerful features, and ability to scale with business needs. As Australian businesses increasingly embrace e-commerce, Shopify equips them with the tools to thrive in this dynamic environment. 💡 Learn the key features and benefits of Shopify for Australian businesses: https://lnkd.in/gQf3hKNt #Infinity22 #Shopify #eCommerce #OnlineBusiness #AustraliaBusiness #DigitalRetail #ShopifyAU

We’re #hiring a new Accountant - R&D Tax incentive & Business Advisory in Brisbane, Queensland. Apply today or share this post with your network.

📌 In this self-assessment program, taxpayers are responsible for ensuring compliance. AusIndustry oversees the registration and eligibility of R&D activities, while the Australian Taxation Office (ATO) verifies claimed expenditures. By providing tax offsets, the program encourages businesses to invest in R&D, driving innovation, productivity, and economic growth in Australia. Here are the tips to maximise your R&D Tax Incentive: ⬇️ https://lnkd.in/gxbZkjGP #Infinity22 #AccountantAustralia #AccountingServices #AccountingAustralia #R&DTaxIncentive

🧑💻 Australian taxpayers are required to report all cryptocurrency transactions in their annual tax return to ensure compliance with ATO regulations. This includes buying, selling, trading, and even earning crypto through staking or mining. Failing to report crypto activities can result in penalties or audits, so keeping accurate records is essential. 💡 Learn more here: https://lnkd.in/gQZbtdXR #Infinity22 #CryptoTax #ATOTax #Cryptocurrency #TaxCompliance #CryptoTrading #BitcoinTax #BlockchainFinance #AustralianTax #TaxTime #CryptoInvesting

Applying for the R&D Tax Incentive is simple: ✅ Register R&D activities with AusIndustry to confirm eligibility. ✅ Claim tax offsets in your annual return with accurate expense records. ✅ Comply by keeping detailed documentation for audits. Learn more here: https://lnkd.in/gDHhf9qf #Infinity22 #RDTaxIncentive #BusinessGrowth #Innovation #TaxCredits #ATO #ResearchAndDevelopment #StartupFunding #TaxCompliance