Small Business Tax Blog by Fletcher Tax Accountants

A wave of more favourable tax treatments are due to hit small business come 1 July 2012. You may want to keep these in mind if you are in the market (or planning) to buy an asset (or some) in the short term.

Clients often worry why their refunds are not as high last year. Of course we all love receiving tax refunds, but what are the common reasons your refund isn’t as high?

A common query my office gets asked – Why do I need to pay PAYG if I am not employing anyone? Firstly, you need to decipher which PAYG the ATO wishes you to pay; PAYG Instalments or Withholding.

Let’s say you have the following scenario: Market rent for your investment property is $500 per week but you are a great friend or family member and renting out your property at $300 per week instead. Although it is very nice and welcome by the recipient – this does have tax consequences. Read on.

Sit by yourself Christmas after Christmas… lonely? Never get a Christmas Party? Do I have the solution for you! Click in for more info.

Media relations is not about selling your products or services – that is what other sales and marketing tools are for. For a small-to-medium sized business, it usually means identifying the media outlets that are watering holes where many of your ideal customers gather, and being included in those media outlets in a positive way that shows that you are helpful, knowledgeable and accessible. Read on for more!

You may have heard about the recent Anstis decision held by the High Court of Australia where a student was able to claim study expenses against her government assistance payout. Please review the circumstances for the 2011 financial year and note the change made by the recently handed down Budget.

An inspiring and ever resourceful business owner that is going great guns is Michael Halligan. Catch this brief introduction to the man behind the ever growing marketing business – Engage Marketing.

Moving houses or offices physically is often seen as the most difficult and stressful step. But once you’re in or just before, you may wish to update your contact details with the providers below, otherwise your actual move may become even more chaotic in the short term.

Had or having a baby post 1 January 2011? Have a read about the latest entitlements available for parents – Paid Parental Leave Scheme. Employing someone who is about to have a baby, make sure you read about your rights and obligations!