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sunsetmax(Newbie)Newbie
19 May 2025

My business partner and I set up a small start up company in 2023, we are still running at loss, no gst. Need to prepare our own tax return. Very similar to last years. What do I need to be aware of?

Looking at de registering the company later this year when sold out stock. to keep under the $1000 Looking for advice on that too. Would it be best to get a bookeeper to check the books before entering the return

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1 replies
76 views
1 replies

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KaraATO(Community Support)Community Support
26 May 2025

Hi @sunsetmax,


It sounds like you might need some professional advice on managing your company.


While we're not financial advisors, you're on the right track by considering a bookkeeper to review your records before lodging your company tax return. A tax agent could also be a great resource to help ensure everything is handled correctly.


Here are the ASIC guidelines on deregistration, as you have to be eligible to voluntarily deregister.

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