Posts tagged "business tax"

As Australian workers hurtle towards the end of financial year, the ATO is reminding new side hustlers not to overlook business income on their tax return.

If you had a profitable year this financial year, but think that next year will not be as profitable, it is worth considering paying for next year’s expenses prior to June 30, 2022.

The small business tax gap eclipsed $11 billion in 2015-16, so the tax office is stepping up efforts to curb black economy activity.

A tax cut for small businesses has been brought forward which will benefit about three million employers within three years if passed.

In a new report, the government has recommended tax agents and taxpayers be compensated for Australian Tax Office outages and downtime.

The ATO has this week announced a widespread random crackdown on millions of Australian taxpayers after a tax gap of over $8.7 billion was uncovered.

In an unexpected move, the Australian Greens party have attempted to push an amendment to the highly popular instant asset write-off for small businesses through the House of Representatives, seeking an additional write-off scheme with a higher expenditure limit for clean energy assets.

The federal government has passed the largest ever set of income tax cuts through the Senate unamended, bringing tax relief for all Australians earning over $19,000, including the majority of small business owners.

It’s no secret that tax time can be one of the most painful times of the year for business owners, with a seemingly ever-changing list of th…

Australia recorded the eighth highest business tax rate in a 26 country comparison study published today by accounting and consultancy firm …

The so-called tax reform package announced today by Treasurer Wayne Swan is really just a new resources rent tax, plus a few destinations fo…

The Labor Party’s biannual conference has taken aim at employers, passing resolutions to rule limit and reductions in business tax, tighten …