By Tax News Division on July 23, 2009
The Tax Office has introduced new measures to help small businesses that are struggling to manage their tax payment obligations in the current economic climate.
Twelve-month general interest charge (GIC) free payment arrangements
This measure is available to businesses with an annual turnover of less than $2 million who have an activity statement debt.
Eligible payment arrangements negotiated ...more
Posted in ATO | Tagged small business, SME, Tax |
By Tax News Division on July 23, 2009
The International Accounting Standards Board (IASB) has today [Thur 9.7.2009] issued an International Financial Reporting Standard (IFRS) designed for use by small and medium-sized
Posted in Accounting | Tagged financial reporting, IFRS, small business, SME |
By Tax News Division on June 29, 2009
Source: The Australian, June 26 2009
Small-business owners watching their income steadily shrink this year are likely worrying that they could end up paying too much tax when the quarterly pay-as-you-go instalments become due next month.
Posted in ATO, Tax | Tagged ATO, cash flow, PAYG, small business, SME, Tax, tax deductions |
By Tax News Division on June 12, 2009
The Tax Office has announced new measures to help businesses with an annual turnover of less than $2 million that are struggling to manage their tax debts in the current economic climate.
Posted in ATO, Tax | Tagged debt, small business |
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