ATO changes will make it harder for over 42,000 small businesses.
The ATO reports that more than 42,000 small businesses fail to work with them in regard
to finalising their tax obligations.
GST, PAYG withholding a ‘significant portion’ of $50bn tax debt
Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO warns.
How to Draft a Standard Form Contract
A standard form contract is a pre-written contract used repeatedly for a particular type of transaction.
ATO to crack down on rental income, WFH deductions this tax time
Taxpayers who “copy and paste” work-related claims each year or try to offset their rental income by inflating deductions will be in the Tax Office’s sights.
2024 Year End Tax Planning Guide (Part 2)
Over May and June we will add two articles to our website to help you plan and take actions before the end of the 2023-24 financial year.
Compare your business
All too often a small business operates as an ‘island’, not knowing how they are really doing. These benchmarks allow meaningful comparisons.