Tag: Small Business Tax

The End of Financial Year is only days away. Liza Byrnes provides some helpful information for business owners and taxpayers.

A new study by Officeworks revealed that almost half of the Australian small business owners (49%) are unaware of the increase in the threshold for instant asset write-off.

Written by Ashley Debenham, Etax.com.au Working from home can be a rewarding experience for anyone who wants to be their own boss, but with it comes a greater responsibility at tax time. It is crucial to be organised and aware of what tax deductions you are eligible to claim when lodging your return. Although this […]

Small business is the engine room of the Australian economy and with the numbers of small businesses growing rapidly, allied to the explosion in the ‘gig’ or ‘sharing’ economy, there are thousands of Aussies confronting the challenge of getting a business off the ground for the first time. So, if you’re a budding entrepreneur, what […]

By: Olly Guilleaume EOFY has come and gone. How’s your cash flow looking? The rush and pressure felt by many businesses at the end of the financial year have come and gone. Now that the smoke from EOFY has cleared, you can take a considered approach to setting business objectives and planning expenditures for the year ahead. […]

By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities… If you’re like most small business owners, you’re probably focused on closing out the 2018-19 financial year. But it’s worth taking a moment to consider the year ahead too. There are new regulations to be aware of in 2019-20 – […]

By Mark Chapman, Director of Tax Communications with H&R Block With just a few weeks remaining until the end of financial year, many businesses will be taking stock of the year just gone and planning for the year ahead. So what are some of the key issues your business might be facing as it looks […]

Prime Minister Scott’s Morrison’s new cabinet and broader ministry was sworn in on Wednesday at Government House in Canberra. Here are the key changes in the Morrison government: – Bridget McKenzie is Australia’s first female Agriculture Minister – Sussan Ley moves back into cabinet as environment minister, replacing Melissa Price – Ken Wyatt moves into cabinet […]

Scott Morrison plans to prioritise his promised tax cuts after he settles his new ministry line up, as the nation waits to see if the coalition gets a majority in the lower house. As counting continues on Monday the Liberal and Nationals were on 75 seats – two seats short of the 77 it needs […]

AU Election 2022 News and Updates: Labor, Coalition, or Greens? The policies SME owners need to know Liberals pledge 400k new SMEs by 2027 if re-elected Albanese promises employment summit to discuss wages, productivity RSM Australia has identified the six key election policies affecting small businesses.  As the nation gears up for the federal election […]