Alan Lewis

Thumbnail image for ATO – the guillotine of Australian small business

The start of 2011 marked a new regime for the ATO. The bulging outstanding tax debt was targeted. No doubt a request from the Treasury who needs to find quick funds to cover unexpected infra-structure costs that weren’t included in the budget. However, the process used by the ATO has ...

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Thumbnail image for Processing Constipation… one accountant’s rant

Twelve months on from when the ATO rolled out their $889 million dollar computer system upgrade, and the question is whether Australians (or the Treasury for that matter) are any better off because of it. Without doubt it was one of the glitchiest and problematic system upgrades that they have ...

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You’ve analysed your market; examined the vulnerability of your industry and what you do in it. Once you have done that, look for the areas of need in your market; things that may not be covered by your competitors. Think outside the square.   If you are in the building trade and ...

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First of all, analyse your market. Look at the sector that you are in and then the specific area that you service. If the sector is going to be significantly affected by the current situation, then you can expect significant revenue drops if you continue with the same strategy. Even ...

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The politicians do not want to say the word “recession”. Some economists are suggesting the word “depression”. Whatever “ession” this turns out to be, the fundamental question on all business operator’s minds are “how should I react regarding my business?”

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PAYG Withholding: Pay As You Go Withholding is what was once called Group Tax and is the amount that must be withheld from employee’s wages or salaries and sent to the ATO via the BAS. At the end of the financial year what were once called Group Certificates have now ...

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