What Tax Concessions Are Available For Small Businesses?
Depending on your specific circumstances, these may or may not be relevant for you.
Small Business Archive
Cash Accounting vs Non-Cash Accounting For Reporting GST
As a general rule, smaller businesses tend to use cash accounting because it is not as complex as non-cash accounting.
Why Does Your Business Need To Be In A Trust?
Allow us to read from our big, long list of reasons why we love them.
The $11.1bn Small Business Tax Shortfall
The tax gap estimates the difference between the tax collected and the amount that would have been collected if everyone…
The Keep It Complex Stupid Principle
I have a favourite acronym when it comes to growing a small business, protecting their assets, and keeping their taxes…
Are Phones And Internet Considered A Fringe Benefit?
Generally, this scenario is labelled as an ‘expense payment fringe benefit’.
Government To Restrict Business Cash Payments
Payments of $10,000 or more will need to be made electronically or by cheque.
FBT And Uber Style Ride Sharing
Does the FBT exemption extend to employees using Uber for travel?
The Tax Time Crackdown On SMEs
The tax office are continually warning small businesses of their sophisticated data matching and analysis tools which are pointing out…
New Businesses Required To Lodge TPAR
Businesses that provide cleaning or courier services will now need to lodge a Taxable Payments Annual Report (TPAR).
Why You Shouldn’t Have A 50/50 Split In Your Trading Company
Running a small growing business under a trading company is not ideal in our eyes. It's not the end of…
What’s A Good Life Cycle For A Successful Small Business?
Opening a small business is a bold move and often involves a lot of effort to successfully kick it off…
