The ATO knows about your business using crypto. Be aware of your tax obligations
If your business is considering taking crypto as payment, it's best to get on top of your tax obligations early — unless you want to run afoul of the ATO.
Major ATO website outage puts accountants on edge ahead of June 5 concession deadline and HECS-HELP indexation
A major Australian Taxation Office (ATO) website outage left small businesses and accountants unable to file claims over the weekend.
Worker shortages, inflation, and climate: Here are the key small business concerns as Labor takes power
Sensing the potential for a Labor shake-up in Canberra, small business organisations have expressed their key concerns.
‘Overdue’: The ATO is cracking down on small business tax debts by issuing 40 director penalty notices a day
The ATO is ramping up its issuance of director penalty notices — which can hold current and former company directors personally liable.
The Coalition is yet to fully explain how it will create 400,000 new small businesses, a week after its major campaign pledge
Industry experts have welcomed the Morrison government's pledge to help create 400,000 new small businesses, but want more detail.
Election 2022: Re-elected Liberal Party would create 400,000 small businesses, Morrison says, outpacing ABS figures
Prime Minister Scott Morrison says his party's existing policies, and a new investment in energy advice services, would propel SME growth.
Insolvencies climb as the ATO ups the pressure on directors
New figures released this week show the number of companies entering external administration in March climbed to 463, a 30% jump on February and nearly 80% higher than January.
Election 2022: Small business issues draw debate spotlight, but no new promises from Morrison or Albanese
Last night's debate saw Prime Minister Scott Morrison and Opposition Leader Anthony Albanese rest on their existing economic platforms.
Morrison government says it won’t ‘hesitate’ to change trust laws as section 100A confusion continues
The Morrison government has pledged to “provide certainty for family trusts” and stop tax laws from being applied unfairly if it is re-elected, and says it “will not hesitate” to make legislative changes if needed.
Three areas of focus for business owners and advisors this EOFY
This update will cover three key areas of business to keep a closer eye on, and how they might influence your plans as we head into the busy end of financial year period.
Election 2022: Here’s what small businesses should know about tax policies
Ahead of the federal election on May 21, SmartCompany is breaking down the key issues facing Australia's small business community. Today we're looking at tax.
“Pro-business, pro-employer”: Shadow Treasurer Jim Chalmers says Labor is in industry’s corner ahead of the election
After running through Labor's broad plan at the National Press Club, Chalmers said a Labor government would focus on "boosting the resilience of small business".
