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Sole traders urged to submit their tax returns by Halloween
Tax payers who use a tax agent have longer to lodge, as long as they are on their agent’s books by the end of October.
Tip-offs about tax-avoiding small businesses are on the rise
The ATO noted that it received almost 1,000 tip-offs every week from people who know or suspect tax evasion.
What to know before negotiating with the ATO on a payment plan
Being succinct and supporting your proposal with up-to-date financial data will increase your chances of coming to an ag...
SME owner jailed over $1m GST fraud
A South Australian man has been sentenced to 6 years and 6 months in prison after obtaining $1 million in fraudulent GST...
Insolvency Australia urges small businesses to ensure they are tax compliant
The ATO is reported to be 'hellbent' on collecting the tax debt owed to them and the agency is doubling down on complian...
Government urged to give certainty to small business over ‘crucial’ tax breaks
“This uncertainty has highlighted the need for predictability and certainty so a small business can plan in a sure-foote...
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...
The biggest challenges Aussie start-ups face…and how to overcome them
Failing to set money aside to pay tax is one of the most common pitfalls that new businesses fall into.
ATO offers free online tax and superannuation support for small businesses
The ATO platform include tips on areas where small-business owners commonly make mistakes, such as GST and business dedu...