The Tax Office regularly run events for small business owners. Topics include record keeping, tax essentials, employer essentials and more.
With legislation changes every few months, it's important to keep up to date (which we do for you) but it's also good as a business owner,
to understand for yourself what is happening in the world of tax, employment and compliance.
Motor Vehicle Expenses that you can claim in your tax returns can be confusing - especially if you end up being subject to fringe benefits
tax. The Tax Office released some fact sheets which should help clear the air.
Australian Small Business and Family Enterprise Ombudsman (ASBFEO), together with Scottish Pacific Business Finance, have produced a
guide to assist small businesses and their bookkeepers in managing their finances and accessing funding.
There are two guides:
1. FitsME Essential Guide – for small business operators providing guidance around the types of funding available and
preparing for funding applications
2. Business Funding Guide – for bookkeepers, accountants and other advisers supporting clients in managing and navigating through their
Whether the nature of a working relationship is employee or contractor is not based on any single one factor, but rather a set of circumstances about the relationship needs to be considered. However, there are a set of common factors that contribute to whether a worker is an employee or a contractor: TestEmployeeContractorLevel of control […]