Posts belonging to Category business

Question of Ethics?

I just turned down a job offer that was probably the best of my VA career so far. A potential client offered to bring me to their location to show them how to set up and use social media for their business. They indicated they weren’t much good at learning online and would prefer meeting [...]

ATO Benchmarking Reviewed

It was reported recently that tens of thousands of small businesses targeted by the ATO for no more than making unusually low profits will be able to fight the system without fear of recrimination. Inspector-general of taxation Ali Noroozi has now reviewed the ATO benchmarking used to identify taxpayers who may be under-reporting income. The [...]

Small Business are PEOPLE

On Sunday 9 October 2011, Peter Strong, Executive Director of the Council of Small Business of Australia appeared on Meet the Press. He spoke about the frustrations of small business over tax compliance and the government’s red tape, the carbon tax, and the Greens’ plan to cut small business tax from 30 to 25 per [...]

October 2011 Tax Forum

The proposed tax forum which was to take place before June 30 is now scheduled for October 4 and 5. But it seems what was originally meant to be an opportunity for small business to have a voice in tax reform is actually turning into a tax seminar controlled by the Treasurer with topics ruled [...]

Small Biz to Benefit from Budget?

I read a headline in the Australian Financial Review this morning that “Small Business Wins Tax Write-Off”! Woo hoo I thought. Finally something for small biz. Don’t count your chickens…. On further reading, what the budget actually says is that now I can claim up to $5000 instant write-off on capital purchases, including cars purchased [...]