According to the Organisation for Economic Co-operation and Development, Australia now has the world’s highest minimum wage. While this appears to be a positive step for low income Australian workers the increase in other factors such as taxes and the cost of living means that they do not reap the benefits of a higher minimum […]
According to the Inspector-General of Taxation (IGT) Ali Norooz, there are a number of changes the government could make to the landscape of taxation…
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.
If there’s one thing that doesn’t change for small business year to year, it’s the importance of good cashflow management.
Small and medium business owners in Australia would like to see a ‘Small Business Ombudsman’ established to help deal with problems affecting them, with small business owners rating taxes, interest rates and government red tape the biggest problems they face in a national survey conducted by COSBOA and Telstra released today.
Small businesses are allegedly using the Australian Taxation Office as a bank, using the ATO as a psuedo-lender by putting off tax liabilities using payment agreements in order to pay other commitments first.
Directors of struggling companies need to keep a tight rein on payments to the Australian Tax Office because of personal liability for the debt if the company does not pay or becomes insolvent.
Coles is in hot water from Federal Health Minister Nicola Roxon for selling imported cigarettes significantly cheaper than local cigarette brands, undermining the Government’s anti-smoking efforts.
Builders in Victoria believe the government should scrap the first home buyers bonus, with the bonus only serving to line the pockets of real estate agents. Instead the Master Builders Association of Victoria argues the money saved on the first home buyers bonus should go towards cutting stamp duty for new homes. The Master Builders […]
You have reached the end!
