It’s tax time, so here are some changes that you should know about:
- Superannuation: Do you have an SMSF or are you planning to retire? From 1 July there are changes to superannuation – check them out at gov.au/superchanges
- Do you want less reporting? Does your business turnover less than $10 million GST? From 1 July small businesses have less GST information to report on their BAS. See how your business reporting is made simpler and easier by going to gov.au/simplerBAS.
- Tax concessions for business: Recent law changes offer more savings to more businesses. If your turnover is under $10 million find out what you can now claim at what’s new for small business.
- Need help – or want advice? Simply request a call back, or email the ATO a request.