Part of the Australian Taxation Office’s work is to ensure the integrity of the Australian Business Register. They are investigating the activities of ABN holders and with sufficient evidence, they may cancel your ABN due to inactivity
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
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
The instant asset write-off scheme will be extended so that it is available to small businesses until 30 June 2020. Along with this extension, the threshold for instant write-off has also increased
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