In this month's edition of Business and Profit Matters we look at ESST's (Electronic Sales Suppression Tools) used to manipulate sales records and avoid paying tax. Did you know that it’s not only accepting cash-in-hand payments that businesses might use to avoid paying additional taxes? The Australian Taxation Office has warned businesses that may be doing the wrong thing (intentionally or unintentionally) after a series of raids on businesses concerning ESSTs. We also look at how your business can access Small Business Tax Concessions, Record Keeping questions we're often asked and more.
