T is for Tax

TWhat’s that saying?  There’s only two certainties in life…death and taxes.  Personally I think that’s a really negative saying…and I don’t really like it.

By definition (via Wikipedia) “tax is a financial charge or other levy imposed upon a taxpayer by a state such that failure to pay is punishable by law“…wow, that sounds nasty.

In all seriousness though, paying taxes is important and essential…the government uses our taxes to invest in our community by way of infrastructure, roads, hospitals and schools…even if you don’t agree with their decisions or how they do it…it does happen!

In Australia, the Australian Taxation Office (ATO) is the principal revenue collection agency and it is the role of the ATO to “ensure the community has confidence in the administration of Australia’s taxation and superannuation systems”

For me, as an Accountant and Registered Tax Agent, it is my job to maintain familiarity with the taxation laws and it is my role to communicate with and advise clients on tax-related issues, and assist them to understand their obligations.

By working together, tax needn’t be that “nasty” thing that no one wants to talk about…rather with the right knowledge, you can take control of your tax situation and be well prepared to avoid any taxation surprises!

Regards

LMB_TAXCHIC_BLOGSIGN_TFB_Final

4 thoughts on “T is for Tax

  1. abookdragon

    No one wants to pay taxes but everyone wants the government to pay for stuff.

    Sure it is a HUGE generalization but I’m seeing it a lot here in the States.

    Thanks so much for visiting Book Dragon’s Lair

    Reply
    1. The Tax Chic Post author

      True…and thanks for visiting back! Good luck with the challenge…I can see the finish line!

      Reply
  2. Shonna Slayton

    You’re right, as long as you are prepared, it can be relatively painless. As a debut author this year I’ve had to start keeping track of my expenses. I’m trying to create routines so I don’t even have to think about it…just do it.
    (P.S. I love your tag line: connecting women with numbers.)

    Reply
    1. The Tax Chic Post author

      Thankyou Shonna…it’s all about getting information out there to whoever needs and wants it! Good luck with your book, routines and procedures are half the battle sometimes, but once they are in place, you will really notice a difference…can you please send me the information on your book when it’s published?

      Reply

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