Taxation can feel like an unmanageable burden for many sole traders. With the end of the financial year rapidly approaching, here’s how you need to start preparing.
Momentum behind the campaign to change how employee share schemes are taxed is increasing, with government MPs set to be briefed later today by a lobby group which says the government should simplify the current arrangements.
According to tax expert Ryan Tietjens, a couple of common mistakes can quickly quash a start-up’s chances of making it big. Here are the two biggest issues he deals with as an accountant – and how you can avoid them.
IBM management recently introduced a crowdfunding site for projects within their company. It’s an idea you might be able to replicate on a smaller scale within your business.
The ATO has called on small businesses to get in touch as soon as possible if they have any troubles with their tax, as the SME sector prepares to file and pay their taxes at the end of February.
This quieter time of the year is the ideal time to put your brand overhaul plans in place. Here are six business image boosters to give your business a professional facelift.
The University of Technology, Sydney has launched a series of one-day courses on accounting fundamentals to equip start-ups from non-financial backgrounds with the ability to manage their businesses.
Federal government ministers have been warned to expect deep budget cuts early next year, with deficits likely to surpass $120 billion over the next four years.
The Abbott government has announced it will abandon two policies that would have had a significant positive impact on local start-up activity.
How quickly we forget the predictions of “doom and gloom” before the GST’s initial introduction in the late ‘90s. The truth is very little will change if the threshold is lowered.
A new report into state-based business taxes has revealed South Australia and Queensland are the cheapest states to launch a company in.
Start-up investment tax issues were at the top of the agenda for Australian Private Equity & Venture Capital Association Limited (AVCAL) chief executive Yasser El-Ansary when he met with the office of the federal assistant treasurer this week.
Businesses are now able to act with certainty as the fog over Australia’s taxation landscape clears.
Education expense tax deductions will not be limited to a yearly $2000, part of a raft of Labor changes which will not proceed under the Coalition.
A suite of business tax measures is to be repealed, but the Coalition government’s move is headed for a hostile Senate and Treasurer Joe Hockey needs ALP support to get his measures passed before July 2014.
Start-up and small business owners are calling on the freshly sworn-in Coalition government to make good on their promises to ease the burden of regulation and compliance.
The small business community and tax experts are enthusiastically welcoming the prospect of tax reform under a Coalition government, and are looking forward to the implementation of a 1.5% cut to the corporate tax rate.
While Labor has attempted to bump its business credentials on the campaign trail by promising the Northern Territory a business tax cut of 10 percentage points, local employers aren’t so enthusiastic.
Want to start raising funds for your start-up? Here are seven steps you need to take before you go.
The business community has enthusiastically welcomed the idea of a $5 billion company tax cut under a Coalition government, but have all asked the same question – where is the money coming from?