Small business benchmarks have been updated and released by the Australian Taxation Office (ATO). Business owners can use these benchmarks to gauge the strengths and weaknesses of their business. Have a read to see where your business lies
The general consensus within our office is that this years Federal Budget was mostly a non-event (apart from the vote buying tax cuts). But we still wanted to share with you who the winners and losers of the budget were. Perhaps you fall into the winners category?
Here are the important dates to mark in your tax calendar for April 2019
Our tax system is self-assessing so it is up to the taxpayer to determine whether their hobby is just a hobby, or is actually a business. We have information within to help you differentiate between the two