DRIVE A2B February 2021

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BUSINESS RECORD KEEPING ARE YOU KEEPING THE RIGHT RECORDS ? The new year is a great time to check. The Australian Taxation Office's record keeping evaluation tool only takes about five minutes to use and helps you assess how well you are keeping your business records. You can access this feature by visiting http://bit.ly/3jg40uw. Simply choose what applies to your business and the kind of records you keep, and you’ll get a report based on the information you’ve provided. We can't access the information – so only you will see if you’re doing well or if there’s room for improvement. Rules of good record keeping • keep all records that are relevant to your business’ tax and super affairs • safely store your records in a way that protects them from being changed or damaged • keep most records for five years • you need to be able to show us your records if we ask for them • they must be in English or easily converted to English. Records you may need to keep • BPAY or PayPal records • tax invoices for purchases over $82.50 • stocktake records • a list of creditors and debtors • wages records (including directors' fees). • Super guarantee contributions paid to each employee and how they were calculated. 36 DRIVE A2B magazine · www.drivea2b.com.au · February 2021
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Page 1 and 2: DRIVE Voice of the Australian Comme
Page 3 and 4: Introducing our 2021 Offers & Packa
Page 5 and 6: EDITION 42 www.drivea2b.com.au DRIV
Page 7 and 8: Even before you include the State r
Page 9 and 10: ONLY $120 Membership Price) and Yea
Page 11 and 12: Anyone, including Queensland Police
Page 13 and 14: applicants could be provided with m
Page 15 and 16: government orchestrated trial, wher
Page 17 and 18: 8 6 7 5 John Cain Arena Zone Practi
Page 19 and 20: My greatest fear is for the safety
Page 21 and 22: DRIVE Voice of the Australian Comme
Page 23 and 24: South Australia South Australia - N
Page 25 and 26: The growth plan comes after a group
Page 27 and 28: NSW Statistics Sydney Taxi Licence
Page 29 and 30: MEMBERSHIP IS ONLY $22 PER YEAR We
Page 31 and 32: DRG Networking with stakeholders fo
Page 33 and 34: "We have been telling the governmen
Page 35: 37th INCLUDES: • Welcome BBQ at W
Page 39 and 40: FARE EVASION Bilking a taxi fare; i
Page 41 and 42: owners, operators & drivers ADVERTI
Page 43 and 44: The King of Hearts is the only King

DRIVE A2B February 2021

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