You want to start a consulting business with a friend as a partnership. You are not considering to hire anybody at this stage. What business records should you keep for the next five years once you started the business? Identify 2 records. You can find the information on the Queensland government Business and Industry portal at business.qld.gov.au. Click on “Starting a Business” and then “Legal obligations”, then “Meeting legal obligations”. Click on “Taxation”. Click on “record keeping for tax purposes”.

Answer rating: 100% (QA)

Good recordkeeping practices are necessary to adjust to various laws and to control your business properly you would like to ascertain a system where youll file records so they will be easily and effi... View the full answer