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Post Info TOPIC: Closing my business


Senior Member

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Closing my business
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I’ve decided to close my business as I’m not making much money and it’s started to take away time that I’d rather spend with my new family. I’ve looked at a bunch of resources online and spoken to my accountant as well. He’s charged me 500AUD to do all the paperwork. I don’t want to be spending anymore on this venture so I would like to do everything myself as much as I can. Is there a way I can close my business to avoid paying next years business rego fees? My tax returns for last year have already been lodged. Can I lodge the tax returns for this financial year even also closing the business?



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Senior Member

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Indeed, it is better to consult with your accountant. Or, I sometimes consult online with business experts www.successionresource.com/valuation. Closing a business is always unpleasant. But on the other hand, if it does not bring you profit for a long time, then why do you need it? In the end, you can always open a new business and start all over again, perhaps even with better success. But believe me, if you open a new business, I highly recommend using various consultants and business experts. After all, the idea and business plan is the most important thing that will bring you profit.

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Indeed, consult a reliable accountant, just find a competent service. I searched for a long time. but found Grāmatvedības pakalpojumi. In today's business, efficient finance and accounting is one of the most important components of success. However, processing financial data and preparing reports requires experience, knowledge and time. That is why more and more companies decide to turn to professional accounting services. Do not postpone your success! Turn to professional accounting services and run your business with confidence. Save time, avoid mistakes and turn finances into your reliable ally on the way to success!



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