It’s the end of the financial year and it’s time to focus on your accounting, complete your tax returns, and plan for the year ahead.
Research reveals small businesses demanding help from accountants is set to peak just days before the end of financial year.
Small businesses that use QuickBooks Online will be able to participate in pilot program with the Australian Taxation Office to lodge their BAS.
From July 1, small to medium-sized businesses with revenue of up to $10 million dollars will qualify for a company tax rate of 27.5%.
A new study released today by local services marketplace Service Seeking shows that a majority of small businesses are reluctant to adopt technology to make their business run more efficiently and owners are falling behind the pack when it comes to paying themselves superannuation.
Seventy-seven per cent of Australians said that if the GST were to rise they would be worse off.