Small Biz Matters – a half hour program each week where you can work ON your business rather than IN it.
with Alexi Boyd from Boyd Office Management Services
Date: 19 February 2018
Let’s be honest, there’s probably not a lot of love out there for the ATO coming from Small Business. Many of us are worried if we get the smallest thing wrong they’ll come down on us like a tonne of bricks.
There are frighteningly effective ways the ATO is finding and fining those who are deliberately doing it wrong, come 1 July there are some changes you need to be aware of as an employer, but on the other hand there are also loads of ways the ATO supports, assists and educates us.
So let’s have a chat to them. They want to engage better with small businesses and today we have the perfect guest with the inside knowledge. Deborah Jenkins is the Deputy Commissioner for the ATO and joins us to talk about top record keeping tips, getting online, who to ask for help and where to turn to when it all goes wrong.
Welcome to the show Deborah.
Topics we’ll be covering:
ATO Small business tips - starting the year off well
Take the opportunity to get your business organised for the New Year, and make 2019 the best year yet for your business.
Check your business follows these tips:
Visit ato.gov.au/SBsupport for an overview of resources, tools and services the ATO offer.
To find out more go to their website: Small business newsroom & ato.gov.au/SBsupport
Know the signs of illegal phoenix activityIllegal phoenix activity is when a new company is created to continue the business of a company that has been deliberately liquidated to avoid paying its debts, including taxes, creditors and employee entitlements.
This activity costs the Australian community up to $5.13 billion per year. The Phoenix Taskforce, a group of 34 state and federal agencies are working together to combat it - so far they’ve returned over $230 million to the community.
The ATO has developed a video to help you Know the signs of illegal phoenix activity and protect yourself. We’d love you to help spread the word and share this video, or some informative factsheets with your networks.
If you suspect phoenix activity, report it on 1800 807 875 or online.
Links:
The two flaws in our democracy revealed by Covid & the impact on small businesses
What can a local, Australian based sales platform offer my business?
Tracking time whilst doing time...
Nailing your Processes & Procedures
Full speed ahead - so what's an accelerator?
Tips on how to master first impressions and make that moment count
Survive & thrive in these uncertain times + HIghlIghting the basic mistooks your copy
Adapting, Pivoting and new revenue streams. Are you ready to hit the ground running after the slump?
How is the Government Supporting Small Businesses + Unpacking the Stimulus Packages
The latest round of Govt Stimulus Packages and how they will be delivered
Why genuine connections with your employees are more important than ever
Unpacking the latest round (and the others) Small Business Stimulus Packages - COVID-19
Suddenly got loads of time on your hands? Time to learn LinkedIn... with a Ninja!
NBN - Put Simply, will it cope?
What makes a true leader and how can Small Business owners evolve to take that step up?
Finder - an Australian EntrepreTech Success Story, building from concept to global viability
Let’s not panic but rather, feel prepared
Do you really charge what you’re worth or do you undervalue yourSELF?
A Strategic Update on support services, software updates and disaster relief from the ATO
When did you last investigate your exposure to modern slavery in your small business supply chain?
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