Five tax tips for businesses looking to get ahead of the curve in 2019
The end of the financial year is only six months away and now is the time to start thinking about what tax time might look like for your business.
‘Houses on the line’: Tax disputes to become easier for SMEs, but is earlier intervention needed?
Businesses with tax disputes will have an easier go of things under a new coalition policy, which will establish a dedicated concierge within the ASBFEO.
“It scares them”: Free tax advice for SMEs with disputes under new Labor policy
Business owners with tax office disputes will be able to access free legal advice under a new plan unveiled by Labor on Monday.
Common tax errors revealed: ATO visiting 10,000 businesses in nationwide compliance push
The ATO is visiting 10,000 small businesses in a compliance push this financial year. Is your business making one of these common errors?
Michaelia Cash: Instant asset write-off extension on the cards ahead of MYEFO Christmas for SMEs
Another extension of the instant asset write-off scheme is on the cards ahead of MYEFO, small business Minister Michaelia Cash says.
Coles sues ATO over $40 million tax bill on evaporating and leaking fuel
Coles is looking to save millions by taking the tax office to Court over a 2016 dispute related to unsold fuel.
Wasted opportunity: 47% of small businesses haven’t heard of the instant asset write-off, research finds
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.
Small businesses owe over $12 billion to the ATO as crackdown continues
The ATO collected more tax than it expected last year amid a crackdown on tax avoidance while moving to improve its engagement with small businesses.
“Businesses just give up”: Government considers simplifying ATO dispute resolution process
The government wants to make dispute resolution between SMEs and the ATO easier, amid concern many businesses are finding it difficult to fix problems.
Labor’s “fair go” plan: The policies Bill Shorten hopes will woo voters and how they affect small business
Labor leader Bill Shorten will go to the next election promising significant changes to industrial relations laws, amid pressure from the union movement.
Inspector-general of taxation calls for oversight of ATO to be improved, amid concerns power is too concentrated
Inspector-general of taxation Ali Noroozi has called for a new management board to be established to "address concerns" over power concentration at the ATO.
$20,000 instant asset write-off extension passes Parliament after months of uncertainty
In what's sure to be good news for Australian business owners, the popular $20,000 instant asset write-off tax scheme has been extended for 12 months.
