Tag: Carbon Tax

The Carbon Pricing Mechanism was abolished on the 1 July 2014, but for many businesses there remains questions around how they should respond to existing obligations.

The Abbott government has suffered a humiliating defeat in the Senate at the hands of the Palmer United Party which sided with Labor and the Greens to block the repeal of the carbon tax.

The majority of SMEs do not expect to feel a ‘significant impact’ from the repeal of the Carbon and Mining Tax.

It’s been four long years the phrase ‘carbon tax’ first became a core part of the Australian political lexicon. Despite the new Government’s plan to scrap the tax, it seems the debate is far from over.

New research by MYOB reveals policies and initiatives that would turn SME election votes towards the proposing party in the upcoming Federal election.

Genesis Fitness Club (GFC) has been penalised by the consumer watchdog for using the carbon tax as an excuse to increase membership fees, making it the first business in the country to be fined after the ACCC was given extra funds by the Government to crack down on false carbon claims.

With the end of financial year and the introduction of the carbon tax fast approaching, businesses should be looking to maximise tax returns and improve cashflow. These five tips will ensure you make the right decisions during this all-important period.

The carbon tax is almost upon us, and yet many business owners are still dazed and confused about what it means for their business. Fair enough too, it can be a fairly complex topic to get your head around, but these tips should help.

With the carbon tax just weeks away from becoming a reality, almost half of all small businesses say they’re in the dark about a legislation that’s very likely to have an impact on their livelihoods. Use these tips to prepare your business for the incoming tax.

The Federal Government is urging businesses to be wary of a rising number of carbon price scams, as the 1 July launch date for the emissions tax draws closer.