how to determine fiscal year end date
This is when your company has finished the bulk of its business for the year and activity is at its lowest. Note Changing your business tax year or fiscal year may be more complicated than it seems. Toggle limited content width. If the accounting periods in your fiscal year have different durations, such as the calendar used in retail, you can manually set it up. Australian Taxation Office. Required cookies are necessary for basic website functionality. You might wonder how to choose a year-end that is best suited for your business or how choosing a fiscal year can impact your business.
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