(Australia environment)

lucess Busihess tax returns and lodgements Planning advice for Lyall Lyall is considering setting up a training business where he provides training services to various pharmacies and retail outlets in Western Australia. While Lyall is a very capable trainer and consultant, he has very little knowledge and experience in the area of taxation and accounting. He wants to ensure that everything is set up correctly in his business and that he maintains adequate records for taxation purposes. er Lyall has given some thought and planning into his new venture and has determined that he will need at least two staff and will therefore have a wages bill of approximately $12 000 per month. His anticipated projected turnover will be approximately $300 000 for the first year of operations. Lyall will provide a company vehicle to at least one of his employees. There will also be some fringe benefits paid to his staff during the year. Lyall is planning to operate from his home office for the first year of business. Assist Lyall by making him aware of his responsibilities in the following cases: lucess Busihess tax returns and lodgements Planning advice for Lyall Lyall is considering setting up a training business where he provides training services to various pharmacies and retail outlets in Western Australia. While Lyall is a very capable trainer and consultant, he has very little knowledge and experience in the area of taxation and accounting. He wants to ensure that everything is set up correctly in his business and that he maintains adequate records for taxation purposes. er Lyall has given some thought and planning into his new venture and has determined that he will need at least two staff and will therefore have a wages bill of approximately $12 000 per month. His anticipated projected turnover will be approximately $300 000 for the first year of operations. Lyall will provide a company vehicle to at least one of his employees. There will also be some fringe benefits paid to his staff during the year. Lyall is planning to operate from his home office for the first year of business. Assist Lyall by making him aware of his responsibilities in the following cases