Come In To The Light
October 9, 2019
Come In To The Light
The ATO recently announced a new crackdown on the “black economy” to “close the tax gap” in small business, which they estimate is over $11 billion. This means that the ATO is actively looking for people who don’t lodge. If you’re one of them, it’s time to get caught up.
We regularly meet new clients who haven’t done their tax for some time. This can range from being a year to two behind, to being decades behind. People in this situation are generally afraid and uneasy. But we’re here to help.
People often fall behind on taxes because they’ve lost the data to do their returns or because they missed a lodgement and didn’t know how to catch it up. Often being one return behind can snowball into a bigger problem.
We can help you get sorted out. Whether it’s business taxation or personal taxation, there are a range of techniques and tools we can use to help fill in the blanks and get you back on track. If you’re worried about having a debt once you do lodge, we can help there too. We are able to help you negotiate payment terms and plans with the ATO that suit your cashflow.
We have helped many clients get caught up and the sentiment once they’re done is always one of relief at the end. So don’t worry and delay any longer, get in touch with us and let us help you into the light.
When did you last review your business strategy? We share four areas you should revisit and update to create the best possible strategic and growth outcomes.
Is your digital marketing strategy still fit for purpose? Here are 4 key elements your business should be using to advertise your brand + engage with new customers.
A good accountant talks to you regularly throughout the year. Here are five key ways we can support your financial management and the performance of your business.
What are the key reports to focus on in your business? We'll show you how to track performance, take action and position your company for growth.
This time of year can be hard on small businesses. With a bit of pre-planning and being proactive, you can set yourself up for a financially stress-free holiday.
Happy Holidays to our valued clients. We are wishing you health, happiness, and new beginnings for your year ahead, also that 2026 brings you everything you wish.
We list four of the key benefits of focusing on diversity and inclusion within your company culture - plus how to diversify your workforce.
Taking stock of the health of your business allows for more effective planning, early warning about issues, and a better course for success.
What can your business do to overcome the cashflow, profitability and compliance worries?
With so many customer interactions taking place online, your online customer service has to be first-rate.
