Tags Business Activity Statement

Tag: Business Activity Statement

Managing cashflow with the right GST registration

To optimise cashflow management for small business, it is imperative that Goods and Services Tax (GST) registration suits the business operations. This step-by-step guide will help you understand how to take GST reporting from cash to accruals basis.

MYOB launches petition to draw government attention to SMEs

With the Federal Government’s October Tax Forum kicking off soon, a new study by MYOB found 71 percent of local business owners want the Business Activity Statement (BAS) simplified and 76 percent want GST rules reviewed. In light of this, MYOB has released an online petition for business owners to send a clear message to the government to introduce legislation that makes life easier for SMEs.


Australia facing its worst economic contraction in history

The ABS confirmed Australia’s first recession since 1990 after recording two consecutive quarters of economic decline. After being hammered by the pandemic, bushfires and drought,...

Let’s Talk: Investing to Succeed

Figuring out where to best invest your time and money is a difficult task. As businesses scale, leaders’ daily tasks become more and more...

Pandemic Leave Disaster Payment offered to Victorian workers living in NSW or SA

People who live in New South Wales and South Australia but work in Victoria are now eligible for a $1,500 Pandemic Leave Disaster Payment...

Afterpay doubles revenue and partners with Worldpay to go global

Despite the global economic slow-down, the shift to online spending and move from traditional forms of credit have boosted Afterpay’s position domestically and internationally. Afterpay...