Tag: Tax

On day three of the official federal election campaign, Opposition Leader Tony Abbott will today announce a plan to cut the company tax rate by 1.5 per cent.

The latest economic statement released by the Treasury details the short and medium-term economic outlook for Australia, the challenges ahead, and the path back to surplus – which is now forecast for 2016-17.

Is business really stuck in the slow lane? Well, that all depends on who you talk to.

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.

Think you’ve got your annual tax return down to a fine art? Dynamic Business lifts the lid on the risks facing your business this financial year.

Many small businesses are missing out on a key tax perk, with many unaware of the Federal Government’s $6500 instant asset write-off.

Small businesses are the lifeblood of our economy, employing almost half of our nation’s total workforce. They deserve assistance in the battle to compete with large competitors and ecommerce stores.

An Ernst & Young partner explains why you don’t want a do-it-yourself approach to tax return prep this year (even if you’re bootstrapping).

The offering of appealing fringe benefits can be the key to success in a competitive job market.

Recently, the Australian government acknowledged the importance of innovation by offering a new research and development tax incentive for innovative businesses, which allows business owners to claim up to 150% of their research and development expenses on their 2012 tax returns.