Trading name registrations extended by five years

Trading name registrations extended by five years

While all businesses have been required to register a business name since 2012, many small businesses have continued to operate with a trading name under transitional arrangement that were set to expire on 1 November 2018, said Assistant Treasurer Stuart Robert. Mr...
Small business swamped by regulatory overload

Small business swamped by regulatory overload

In its Small Business White Paper, the IPA noted an increasing number of small business owners are concerned about the way regulators do not appear to consider the impact of new regulations on business owners’ ability to build their businesses.It also pointed to...
Tax cut relief to be ‘fast-tracked’ for SMEs

Tax cut relief to be ‘fast-tracked’ for SMEs

In a joint announcement by Prime Minister Scott Morrison and Treasurer Josh Frydenberg, they said businesses with a turnover below $50 million will face a tax rate of just 25 per cent in 2021-22 rather than from 2026-27 as currently legislated.Further, they said...
Why communication is key to engaging your clients

Why communication is key to engaging your clients

Without it, clients won’t know what you can do for them and how you can save them money, reduce their stress and make them more successful. Many accountants keep their communication focused around tasks and deadlines imposed by the ATO. As a result, clients see...