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Accounting mistakes: where your small business is going wrong
Falling behind on paperwork is one of the most common mistakes SME owners make and if you fall behind on billing you may...
Surprise inspections lead to recovered wages for Newcastle hospitality workers
The most common breaches committed by erring Newcastle businesses were related to failure to pay penalty rates.
‘Receipt regret’ costing SMEs millions in lost potential revenue
Almost a quarter of respondents, 24 per cent, said they have been unable to claim a business expense in the past due to ...
EOFY causing stress and mishaps among small businesses
The majority of small-business owners say that the idea of EOFY being 'just a one-day event' is a misconception.
Six tax tips for your small business this EOFY
Good record-keeping is your best friend for efficient business management and will also make life easier if the ATO asks...
The Instant Asset Write-Off returns for 24/25: Here’s how to maximise them for your business
The scheme allows businesses to claim an immediate tax deduction for the full cost of eligible assets up to $20,000 in t...
Four ways to reduce your business tax bill this EOFY
Small businesses can pre-pay up to 12 months of certain deductible expenses before EOFY (such as rent, subscriptions and...
ATO issues warning about the three most common tax filing errors
In 2023 more than eight million people claimed a work-related deduction, with around half of those claimed a deduction r...
Victorian agribusiness Lotus Farm fined for underpaying workers and falsifying records
Lotus Farm provided false or misleading pay slips to the FWO and gave no payslips to the workers.
FWO conduct surprise inspections of Yarra Valley and Mornington Peninsula farms
Inspectors are on the alert for low rates of pay that breach the Horticulture, Pastoral or the Wine Industry Award laws.