Small businesses must start planning as two key tax measures are set to end on June 30
Small businesses should be going back to basics and understanding a few tax measures that are ending and working out the best course of action for their business.
Small gains, big crackdowns: What the tax measures in the budget mean for small business
Small businesses need a sustainable tax system that will encourage investment and generate economic growth.
Exclusive: Small Business Minister Julie Collins on how SMEs can get the most out of budget 2023
SmartCompany was fortunate to discuss those policies with Small Business Minister Julie Collins in her first SME-focused interview since budget night.
Opinion: Why scrapping the Entrepreneurship Facilitators program affects the most vulnerable
According to the author, despite a government contract till 2025, the Entrepreneurship Facilitators program was scrapped in budget 2023.
How the federal budget may change the RBA’s view on interest rate hikes
The RBA’s latest forecasts now assume no further rate rises will be needed for inflation to fall back to the central bank’s 2-3% target range by mid-2025.
“Not on the sideline, not in the spotlight”: COSBOA’s Matthew Addison reviews the budget for small business
COSBOA chair Matthew Addison gives his assessment of the 2023 federal budget, and what else the government needs to do to support small businesses.
Budget 2023: ACCC to begin work on “super complaints” pathway to fast-track small business grievances
Work is set to commence on a new pathway for small business representative bodies to fast track their complaints to Australia’s competition regulator.
Budget 2023: ATO offers late payment penalty amnesty to SMEs as it claws back billions in COVID-era debt
The Australian Taxation Office will offer an amnesty to small businesses which have fallen behind on their payments.
Budget 2023: $101 million to help Australian businesses adopt AI and quantum tech
The Australian government is the latest entity to climb aboard the AI hype train, and it wants you to join it! As the 2023 federal budget reveals, it wants to support businesses with AI adoption.
Budget 2023: PAYG and GST instalment increase halved to boost cash flow for 2.1 million small businesses
Cash flow support for small businesses will come through a halving of the adjustment factor applied to Pay As You Go (PAYG) and GST instalments.
Budget 2023: $290 million instant asset write-off scheme extension promises $20,000 threshold for small businesses
The instant asset write-off threshold will temporarily rise to $20,000, giving small businesses another chance to invest in their operations and immediately deduct the full cost of depreciable expenses from their tax bill.
Budget 2023: Budget shows Labor – finally – recognises how vital small businesses and startups are to Australia’s economy
SmartCompany editor-in-chief Simon Crerar analyses what's in the 2023 federal budget for small businesses and startups.
