Getting tax time right will be of utmost importance for small business owners in 2020. Don’t forget these claims if you want to maximise tax deductions.
As of the end of March 2020, myGovID will become the new and only way for SMEs to gain access to government business services. Here’s what you need to know.
If you’re an employer, 2020 is the year you need to make sure you’re paying superannuation entitlements on time. Here’s how you can avoid an automatic notice from the ATO.
When it comes to starting a business, you want to make sure you’re registered correctly, starting with applying for an ABN. This is the first step to legally creating your business and must be done before you begin trading.
Since Single Touch Payroll reporting became mandatory, it’s been unclear exactly how much wiggle room is available for very small businesses, seasonal operators and closely held payees – until now.
With the Single Touch Payroll deadline for small businesses just around the corner, the ATO has warned many operators remain non-compliant and that could mean a logistical nightmare if left too long.
MYOB’s Tax e-Seminars are the most convenient way for accountants to bone up on tax changes, but you’ll want to get in quick. Early bird deals end 31 May.
If you run a business that makes payments to contractors, you’ll want to stay ahead of changes to the Taxable Payments Reporting System (TPRS) no matter what industry you’re in.