SMEs fail to reduce tax liabilities

By Joe Kelly · 10 June 2014 · Economy

SMEs fail to reduce tax liabilities

SMEs face tax time shock

The clock is ticking for small businesses to get their tax affairs in order, but a staggering number are already behind the curve. Will you be one of them?

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Summary

The Commonwealth Bank has urged small to medium sized businesses to better prepare for the end of the financial year and begin their tax preparations. Figures released by the bank suggest that nearly one third of SMEs (29 per cent) have not even started the groundwork to fulfill their tax obligations. The research suggests that […]

Tags: Commonwealth Bank, EOFY, Small Business, Tax