Tag: Tax Changes

Own or operate a building or construction business that pays contractors? Under new taxation legislation you’re required to submit a Taxable Payments Annual Report to the ATO in late July.

The recent news that the Federal Government is pushing the National Tax Summit to October and will not be covering key tax issues such as GST, the proposed carbon tax and the mining tax is worrying.

If the changes suggested in the Henry Tax Review are introduced by Government, what will it mean for small businesses? Blogger Julian Smith explains some key changes.