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1. What are the record keeping requirements for a business in Australia? 2. What is an audit and how often can a business be audited

1. What are the record keeping requirements for a business in Australia? 2. What is an audit and how often can a business be audited by the tax office? 3. What records must a business keep for auditing purposes? 4. What are the penalties for a business not keeping the required records?

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1 In Australia businesses are required to maintain accurate and uptodate records to comply with various legal and regulatory requirements The recordkeeping requirements for businesses include Financia... blur-text-image

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