Posts tagged "ATO – Australian Taxation Office"

While the government increased the instant asset write-off threshold to $30,000 earlier this year, businesses are looking for smaller purchases.

The government will extend its instant asset write-off but has not announced any plans to improve the awareness or accessibility of the program.

Another extension of the instant asset write-off scheme is on the cards ahead of MYEFO, small business Minister Michaelia Cash says.

While the government's instant asset write-off scheme forms a key part of its small business policy, a large number of firms aren't using it.

Tax breaks are few and far between, and the $20,000 instant asset write-off scheme is a ripper. But more than 60% of businesses aren’t ful…

A tax break that many Australian businesses have been leveraging could soon be closed, with the ATO seeking input into new guidelines on fri…

This article first appeared on October 20th, 2010.   I’m starting up as a consultant and doubt that my turnover will initially be more th…

The New Year is now well and truly under way. Knowing what to expect in the year to come will give your business a head start.   The pro…

Insolvency practitioners have put businesses on notice after the Australian Taxation Office said it was preparing for a new wave of business…

Benchmarks developed by the Tax Office for small businesses are a good tool to detect income but are otherwise susceptible to “heavy-hande…

The number of corporate insolvencies has surged to its highest level in more than a decade, after almost 3,000 companies entered administrat…

A large number of businesses, particularly those in the service sector, receive prepayments from customers for future services.   In som…