Australian small-and medium-sized businesses want the government to introduce more small business-friendly policies, including the reduction of red tape, simplification of reporting processes and further business tax cuts. The call comes from businesses canvassed by the latest MYOB Business Monitor which revealed that despite concerns over red tape and other processes, the federal government increased its support by six per cent (to 26 per cent) as did its state counterparts
A new round of free Tax Basics workshops have been scheduled throughout Greater Western Sydney starting from this week. The Australian Taxation Office (ATO) is running them in Bankstown, Baulkham Hills, Blacktown, Fairfield, Mt Druitt, Penrith and Springwood, to help new business owners or people considering starting a business. Each workshop lasts between 90 minutes to two hours and includes a Q&A session. Participants can attend any session at any location but must registe
If you are a new new to business or thinking about starting up, the ATO has some free seminars coming locally that can help you. Individual two-hour seminars will cover Tax Essentials, Good record-keeping and Employer Essentials focussing on payments, the difference between employees and contractors, tax and super obligations. Locations include Penrith, Springwood, Parramatta, Lidcombe, Campbelltown, Sydney and several regional areas. You will need to select which sessions yo
The Small Business Association of Australia Summit has agreed that the current Tax System needs significant change, is a complex minefield for Small and Medium Enterprises (SMEs) and in most cases, a major cause of small businesses failures.
The Summit, on the Gold Coast, featured small business owners and representatives from the ATO, Fairwork Australia and Small Business & Family Enterprise Ombudsman, Kate Carnell, AO. Discussion centered on the over-complication of the