Gen Z and Millennials drive rise in new business formations
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Hornsby Based Accountants, Business Tax Agents and Consultants
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SMSFs urged to go paperless as ATO turns to digital
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The Australian Taxation Office (ATO) is encouraging all SMSFs to move away from paper records and lodge their fund activities digitally. Not only is online lodgement more secure, but it comes with additional benefits, including: * an extra two weeks to lodge * fewer errors * faster refunds |
Small business tax cut could deliver $11.4 billion economic Boost
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New economic modelling shows that cutting the small business company tax rate from 25% to 20% could boost GDP by up to $11.4 billion and create over 3,300 permanent jobs. |
New measures to tackle late payments to small businesses
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Small businesses prioritising growth in 2025
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Trade payment defaults and business insolvencies on the rise
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New Digital ID login for ATO services
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Weekly wages continue to increase
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What happens if my business is behind on its taxes?
Falling behind on your business’s taxes can be stressful, so it’s important to understand the consequences and the steps you can take to resolve the issue.
The Australian Taxation Office (ATO) has various measures to help businesses manage their tax debts. The longer you delay addressing your debt, the more severe the repercussions become.
Immediate consequences
Occupation shortages starting to ease
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