bruce billson talks tax reform
Finance

Small Business Ombudsman: It’s time to talk tax

- July 6, 2021 2 MIN READ

With the events unfolding right now, you could be forgiven for forgetting it is the end of the financial year.writes Bruce Billson, Australian Small Business and Family Enterprise Ombudsman. It’s really important to be proactive at tax time – no matter how difficult the past 12 months have been on your small or family business.… Read more »

do you know what tax deductions you are eligible for?
Finance

Tax: what’s changed, what’s new? Preparing for EOFY

- June 23, 2021 3 MIN READ

Submitting your EOFY tax return isn’t a simple task for many taxpayers and business owners – following another unusual year with additional allowances and tax subsidies, it’s important to be aware of all the changes, writes Keith Madden, Business Australia Growth Facilitator. With some of these temporary programs coming to an end, Madden says it’s… Read more »

Finance

EOFY: Tips to get your tax files in order

- June 21, 2021 2 MIN READ

The end of financial year (EOFY) can be exhausting, particularly if you haven’t been vigilant in keeping good records or track of your receipts. With all the changes, thanks to coronavirus, tax time is a lot more complicated given the number of people working from home and the changes to the tax law,  writes Gerry… Read more »

depreciation can save your small business big bucks at tax time
Finance

Tax time tips: understanding depreciation

- June 18, 2021 3 MIN READ

At a time when many small businesses are doing it tough finding ways to save on your tax bill is essential. Depreciation can lend an unexpected helping hand, writes Bradley Beer, CEO BMT Tax Depreciation. Navigating the early stages of any new business venture can be hard. With so much to do, becoming familiar with… Read more »

bruce billson
Finance

Small business ombudsman applauds budget as a win for business owners

- May 12, 2021 4 MIN READ

The Small Business and Family Enterprise Ombudsman Bruce Billson suggests last night’s budget announcement paves the way for a small business-led economic recovery. The budget includes several new and enhanced measure that will support small business including $129.8 million to encourage entrepreneurship through the New Enterprise Incentive Scheme (NEIS) and Entrepreneurship Facilitators Program, a $1.2… Read more »