ATO Lodgment Penalty Amnesty Program
Behind with ATO lodgements? You’re being given a Get Out of Jail Free card.
Small Businesses can lodge late BASs and tax returns without being hit by late lodgement fines.
01/06/2023
Behind with ATO lodgements? You’re being given a Get Out of Jail Free card.
Small Businesses can lodge late BASs and tax returns without being hit by late lodgement fines.
Have you had a dental checkup recently? Small business owners may find themselves grinding their teeth!
This won’t hurt a bit!
Last night the federal budget was announced.
It still needs to be legislated before any proclamation becomes law. While you wait, speak to your licenced expert about your small business and start planning how you can take advantage of initiatives that may benefit you.
Possible benefits for small businesses….
From 1st July 2022 Fringe Benefits Tax (FBT) is not payable to the ATO on the private usage of zero or low emissions vehicles.
Ok great, but what does that mean.
Normally any personal usage of a company or work car will be subject to extra (FBT) tax to make sure tax is being paid on all benefits an employee receives that aren’t salary/wages.
As with everything, lots of fine print.
We’ve applied the magnifying glass for you.
Business.gov.au is offering grants of $10k – $25k for small and medium businesses to upgrade their equipment to make them more energy efficient.
Apply by 19th April.
The Energy Savings Scheme (ESS) provides NSW businesses with financial incentives to invest in projects which will reduce their energy consumption. Incentives are available to install new equipment or modify a current system.
Apply now
Funding is available to go towards the supply and installation of Closed-Circuit Television (CCTV) systems in small business premises
Apply by 30th April
The Digital Solutions – Australian Small Business Advisory Services program works with small businesses to make the most of digital tools and offers broader advice specific to your business needs
Apply by 31st March
Are you thinking about hiring an apprentice?
Are you across the federal and state government incentives available?
Better Business Partnership aims to help reduce energy and water bills of businesses in Sydney’s North Shore region.
Apply now
Stamp duty is exempt for eligible new and used electric light vehicles (EVs) under 4.5 tonne gross vehicle mass (including motorcycles) registered from 1 September 2021 in NSW.
From 1st September 2021
