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Old 19-06-2011, 04:54 PM   #1
Rodge
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Default Keeping business Tax Records - How Long For ?

A friend asked me how long you guys have to keep your business tax records for in Australia ?

Its 7 years in N.Z. and I was wondering if its any different in Australia ?

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Old 19-06-2011, 05:09 PM   #2
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Default Re: Keeping business Tax Records - How Long For ?

5 years I think.
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Old 19-06-2011, 05:40 PM   #3
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Default Re: Keeping business Tax Records - How Long For ?

http://www.ato.gov.au/businesses/con....htm&page=6&H6
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Old 19-06-2011, 07:20 PM   #4
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Default Re: Keeping business Tax Records - How Long For ?

5yrs for general stuff, 7yrs for payroll records.
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Old 20-06-2011, 01:46 PM   #5
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Default Re: Keeping business Tax Records - How Long For ?

Many thanks for the info and link, much appreciated. Cheers.
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