Thinking about changing from a sole trader to a company structure? Doing so could be a great move, but there are certain distinctions to be aware of.
Many Australians are unaware of many available deductions. Avoid missing out at tax time by working with an experienced tax return accountant.
The ATO is introducing stricter new ways to run a self-managed super fund, and many Australians are going to need financial planning services.
The end of the financial year is approaching fast, and without a professional accountant or registered tax agent you may miss the opportunity to minimise your business tax prior to 30 June.
If you haven't started preparing for tax season this year then you might want to step your game up. Small businesses are going to need to stay extra organised.
If you're a small business then you know that every penny of your revenue counts. That said, you need to be wary of these common tax mistakes.