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FREQUENTLY ASKED QUESTIONS
What accounting software I should use?
Xero makes record keeping simple.
Xero is one of the most innovative cloud-based accounting packages on the market. ... And because the software is cloud-based, your accounting system will always be up to date.
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Number Nerds is a Xero only practice.
What is the difference between bookkeeping and Tax accounting?
Accounting is a much broader field than bookkeeping. ... Tax accountants like myself can create reports, offer advice and recommendations, prepare tax returns, and provide a consulting service, whereas bookkeeping is concerned primarily with recording data.
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$0 to $18,200 - Nil
$18,201 to $45,000 - 19c for each $1 over $18,200
$45,001 to $120,000 - $5,092 plus 32.5c for each $1 over $45,000
$120,001 to $180,000 - $29,467 plus 37c for each $1 over $120,000
$180,001 and over - $51,667 plus 45c for each $1 over $180,000
Can I lodge multiple years of tax returns at one time?
Yes, here a Number Nerds we specialize in multiple returns. Relax while we do your tax!
How long should I keep my tax records?
5 years.
What tax’s rate do I pay?
