ATO to offer small businesses tax relief in response to coronavirus
The Australian Tax Office says it will provide relief to businesses affected by COVID-19 in the form of payment deferrals and faster access to GST refunds.
Peter Strong: Small business tax concessions for coronavirus are needed now
Australia’s 2.3 million small business, and the more than 4.5 million Australians they employ, are most at risk because of the spread of the coronavirus, writes Peter Strong.
Company directors will soon be liable for unpaid GST: A guide to managing your obligations
From 1 April 2020, Australian company directors will be personally liable for their company’s unpaid GST. Here's what you need to do to minimise your risk.
Tax debts could tank your credit score under new ATO powers
Business owners are being encouraged to manage their cashflow ahead of new laws putting a stop to the ATO being used as a 'de-facto bank'.
Six things to do now to make tax time 2020 a little less taxing
It's a new decade, but tax never stops. SMEs looking to get on the front foot with their obligations this year should check out these tax tips.
Tax reprieve for SMEs as ATO offers bushfire support
The ATO has extended its tax deferral program for small and medium businesses in communities affected by the Australian bushfires.
MYEFO: Tax clinics extended and $156 million for red-tape cuts
The Morrison government has committed funds to an extension of its national tax clinic program, MYEFO papers have detailed.
“Guilty until proven innocent”: Tax office R&D audits leave startups facing “financial ruin”
Federal regulators have buggered up the administration of Australia's largest R&D incentive program, a scathing small business ombudsman report has found.
‘The screws are tightening’: R&D reforms decried as anti-innovation as Morrison’s startup headaches continue
As the Morrison Government's R&D tax incentive reforms come under fire, we examine the history behind the proposed changes and why Australian businesses are not happy.
Text message from the ATO? Beware, it might be a scam
The ATO has issued a holiday warning about scam activity, particularly fraudsters trying to impersonate the tax office during the December rush.
Payroll ‘health checks’ for late employers as ATO reveals common STP errors
The ATO is engaging businesses who lodge late payments with payroll 'health checks' as single touch payroll brings about a new world in tax administration.
Review into ATO highlights ‘inherent limitations’ of compensation scheme for public service mistakes
The ATO will make it easier and simpler for small business owners to access compensation, after a review found the current scheme was ineffective.