Tag: taxation
Filling the cracks: here’s why it is our moral duty to reduce inequality in...
Income inequality is increasing in Australia: the wealthy are getting richer and the poorest 50 per cent of the population are increasingly struggling– a trend that has continued for nearly 30 years.
5 new financial year resolutions every small business should make and stick to
If you’re like most small business owners, you’ll have just powered through the dreaded end of financial year - filing tax returns, business activity...
Australian SMEs are bleeding $13.7 billion a year as they pay GST
Complying with Australia’s GST rules is costing small businesses big time - more than $13.7 billion a year, according to new research recently released...
Now is the perfect time to start making June 30th, 2015 easier for your...
Quality talent is attracted to SMEs by far more than an attractive salary; we human beings like to be more than numbers to a...
How to avoid the top five mistakes businesses make at tax time
It's that time of year again. Where did the past 11.5 months go?
Yes, it's the end of financial year (EOFY). Again.
The Institute of Public...
Four time critical actions you need to do before the end of the financial...
‘Failing to plan is planning to fail.’ Alan Lakein
If this is your first financial ‘year end’ in business there are four time critical actions...
Don’t mind me. I’m just taking a walk in this minefield of tax penalties
Are you an entrepreneur? Does this sound familiar? “Hey buddy, have you heard about this new clever tactic of squeezing more out of your...
The good, the bad and the meh. What the budget means for startups and...
Last week, Federal Treasure Wayne Swan handed down his 6th budget. You surely heard. In fact, you're probably already completely sick to death of...
It’s nearly that time again. Yes, BAS time. Here’s a sensible way to take...
Many businesses have no idea that using an unregistered practitioner could be to their own peril and may result in hefty penalties. TASA is here to protect the public from risks associated with dealing with unqualified or unskilled BAS providers.
Sick of expenses? Outsourcing is the magic pill for you to swallow
Only a few actually realise how small businesses can have a piece of this pie... a sweet one at that! In fact, most businesses are just starting to realise how lucrative this strategy can be, especially if you are low on capital and limited in resources. The truth is that despite the ever-looming potential setbacks, outsourcing will work wonders for any businesses, regardless of its nature and size, only and only if well managed.
New personal liability laws puts company directors directly in the spotlight
Directors of struggling companies will have to act earlier on unpaid super and PAYG if they are to avoid tough new personal liability penalties, warns an insolvency expert. Don’t say we did not warn you.
EOFY blues? Here’s light for the end of next year’s tunnel
EOFY — end of financial year — is never fun, certainly not as much as a night out. But despair not. If you start now — and do all the smart things — your next EOFY could be a walk in the park. To set you on the right track, here are top 10 tips from MYOB: