Each year the Australian Taxation office targets key sectors of Australian business for audit campaigns – in its Compliance in Focus 2013 notice, small businesses are among those to have drawn the short straw.
When the Federal Treasurer handed down the budget for the nation, we were prompted to think about budgets from the perspective of small businesses.
As the new financial year gets underway, now is the perfect time to look at how you can run your business more effectively.
Today marks the very first day of the new financial year, and a mid-year opportunity to start afresh – here’s 5 easy things to keep in mind.
Whether your business is big or small, before you spend too much time thinking through all those flashy new ideas don’t forget to use this time of year to revisit the very core of your business being.
A new online planning and management tool for small to medium businesses, BPlan Live, has been launched in time for the new financial year, in conjunction with a special offer.
With 30 June upon us, taxpayers are looking for opportunities to reduce their tax liabilities for the fiscal year, and according to Institute of Public Accountants senior tax advisor Tony Greco, small businesses should also not overlook the cash flow benefits of tax deferral opportunities.
Wrapping up the EOFY properly ensures businesses roll into the new financial year smoothly, and helps business owners put their best foot forward from the get go. With this in mind, RSM Bird Cameron has put together 12 tips for starting the 2011/12 financial year.
Julian Smith blogs about the importance of looking beyond the end of the financial year.
“Yep, I know time is scarce – you’re already flat out trying to wrap up this financial year and time to plan ahead looks hard to find – but do try to set the time aside, as it will give you the opportunity to set your business up to start the new financial year on the right foot.”
The Australian Competition and Consumer Commission today announced new law to offer greater protection to consumers in the coming financial year.
