The Council of Small Business of Australia and The Tax Institute will hold a round table in May, with the aim of clarifying the definition of small business for tax purposes and legal matters.
Online customers of overseas retailers would have to pay GST under preliminary options handed to the Federal Government today, while new research suggests Australian retailers’ woes are far from over.
Small business lobbyists have used an inaugural business forum to call for regulatory reform, including measuring the impact of regulation on small business.
Self-employed women are being urged to prioritise superannuation payments, after a survey revealed more than 50% of Australian female business owners are not contributing to super.
Newly elected Queensland Premier Campbell Newman has wasted no time settling into the job, meeting with senior bureaucrats to outline his priorities, including a jobless target of just 4%.
A new survey reveals almost half of Australian businesses are “undecided” if they are prepared for the implications of the carbon tax, but increased costs are identified as the most likely impact.
Small Business Minister Brendan O’Connor tight-lipped on tax ideas for small business, pledges to “advocate strongly” for sector3:11PM | Monday, 19 March 2012 | Madeleine Heffernan
Brendan O'Connor, the newly appointed Small Business Minister, says any Government worth its salt should be providing opportunities to small business.
The Federal Government may consider introducing a new corporate entity specifically for small businesses, which would give them access to some of the benefits that larger companies enjoy.
Shopping centre giant Westfield is reportedly introducing a charge clause in lease agreements for its retailers to offset the costs of the carbon tax, but Prime Minister Julia Gillard has rejected the claim.
With tax time rapidly approaching, here are three tax deduction tips that might just save your business. BY GREG HAYES.
Federal Finance Minister Penny Wong is refusing to guarantee the July 1 start date for Labor’s company tax cuts, but Trade Minister Craig Emerson insists the measure will be in the Federal Budget.
Entrepreneurs are the key to boosting productivity, according to a research paper from the Institute of Public Affairs, but are held back by excessive regulation and taxes.
The Greens have outlined their tax wish list, calling on the government to legislate its company tax cuts and lift the definition of small business from $2 million to $5 million income.
The Coalition would deliver a budget surplus in its first year in office, says shadow treasurer Joe Hockey, but managers and consumers will determine the fate of individual businesses.
Business groups have welcomed Brendan O’Connor’s appointment as Small Business Minister, but expect the former union official to quickly get to work on meaningful reforms in the sector, especially when it comes to cutting red tape.
The sad reality is we all have to pay the taxman. Thankfully, there are five easy ways for you to legally slash you tax bill and keep more your hard earned cash. BY GREG HAYES.
The small business sector is continuing to lose confidence in the economy, according to the Australian Chamber of Commerce and Industry, as it calls for changes to unfair dismissal laws.
The Australian Taxation Office has issued a strong warning to accountants and clients who filed returns in 2010 under the Personal Services Income provisions, warning them of random audits.
The tech industry says the decision to scrap the living-away-from-home allowance will make it harder to attract overseas talent, as firms become increasingly reliant on skilled foreign workers.
When Taryn Williams started her modelling agency WINK, she quickly realised her management style wasn’t sustainable if she wanted to be taken seriously. BY MICHELLE HAMMOND.