small business

Tax Planning for Small Business Entities

Tax Planning for Small Business Entities

By Theresa Allery|2022-05-23T12:04:47+10:00May 23rd, 2022|Business, Companies, Tax, Uncategorised|

IS YOUR BUSINESS A “SMALL BUSINESS” ENTITY? Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small Business Entity”, the business must have: an aggregated turnover (your annual turnover plus the annual turnover of any business connected / affiliated with you) of less than $10 million; and

2022 Federal Budget: What It Means for Small Business Owners

2022 Federal Budget: What It Means for Small Business Owners

By Theresa Allery|2022-04-11T10:07:24+10:00April 11th, 2022|Business, Federal Budget, News, Uncategorised|

With a Federal Election due in the next 8 weeks, the Morrison Government has just made its bid for re-election with the following headline announcements in its Federal Budget released on Tuesday 29 March 2022: Petrol tax slashed by 22 cents per litre for 6 months from Budget night. 10 million low and middle-income

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