The Goods and Services Tax has been a part of the Australian business landscape for almost 17 years now. There have been some changes over that time, such as the increase in the income threshold requiring compulsory GST registration up to $75,000, but in many ways the GST system is largely unchanged.
The tax planning options for the 2017 year for many small business owners have become clearer.
Carlton & United Breweries is increasing payment times to small business suppliers rather than cutting them.
The Greens are moving to position themselves as the party of choice for small business.
Local Blue Pages owner says court judgment against him is unfair.
The ombudsman will push for legislation if big businesses fail to sign up.
If you're a sole trader unfortunately you can't employ yourself.
Key states are refusing to sign up to the government's small business red tape scheme.
Family trusts are all about control.
Phillips started her business five years ago and decided to use a charge card rather than a credit card for her business expenses.
Online florist Ready Flowers collapsed into liquidation last month but has reappeared as ZFlowers.
Post budget pressure continues on the big four banks.
Deductions don't depend on being an employee or a contractor.
Small business didn't rate a mention in Labor's budget reply.
Extending the instant asset write-off and banking reform are on the agenda for small business.
The small business ombudsman says the Australian Bankers' Association's response is disappointing and excludes many small businesses.
Paying family is about playing the game by the rules.
Alecia Whitelaw would like to see incentives for hiring staff.
There's a solution for small business still waiting on the instant asset write-off threshold increase to $10 million.
MYOB is the latest business to cut payment times but the Ombudsman says legislation is needed.
Whether an asset is active in your business is crucial for determining capital gains tax concessions.
The Small Business Ombudsman's inquiry into payment times has found small businesses are being used as banks.
When it comes to claiming car expenses what will work for one business will not necessarily work for another.
The regulatory watchdogs are under pressure to investigate big businesses forcing loans on small businesses.
The small business ombudsman says big businesses including Mars, Kellogg's and Fonterra have a gun to the head of small businesses with their loan schemes.
It is an unfortunate fact of life that too often business owners have a total aversion to paying income tax.
Some business owners make the mistake of regarding the Australian Tax Office as the enemy.
More than $2 billion is currently overdue to suppliers.
How to claim the GST in your car expenses.
Parents cashed up from the property market are helping their kids fund start-ups.
A popular tax write-off scheme for small businesses will be extended for another year in a significant win from the Budget for the sector.
No one is that important. No one is that necessary.
They're fearless and fabulous.
Find out how they get that special sauce in the business DNA.
Young people are breaking away from traditional forms of employment and taking their chances.
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