Assistance for new business owners

Assistance for new business owners


The ATO has established the ‘Business Assistance Program’ to help new business owners understand their tax obligations associated with running a business.

Small businesses that have recently registered for an ABN, registered for GST or likely to register for GST in the near future and have a turnover of less than $2 million a year can access this program.

The ‘Business Assistance Program’ offers tailored tax support over a 12 month period and can help with:

  • Tax obligations based on your business structure
  • Registering for GST and GST obligations
  • Employer obligations
  • Super obligations
  • Record keeping requirements
  • Understanding business activity statements
  • Using the ATO’s digital services.

Within 48 hours of submitting the online registration form for the program, you will receive a welcome email containing tax topics, links to useful information and information about the program.

Categories

If you believe the matters discussed above are relevant to your business, please contact Darren Smith of our office to discuss further.


Darren is a Chartered Accountant with extensive experience, including working in the big 4 and medium sized firms before becoming a partner of a city based firm in 2000.

He has gained much experience and has extensive knowledge in providing business and taxation advice, superannuation planning, negotiation of sales and acquisitions of businesses and property development. His client base covers a wide range of industry groups.

Darren works with business owners to grow their businesses and create personal wealth within and outside of their business.


+ There are no comments

Add yours