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ATO Guide for Small Businesses

Here is a great guide for small businesses and contractors which goes through in detail all the tax obligations and entitlements of small businesses.

We think it is a hidden gem and its actually hard to find now as it was an old guide back in 2011.

If you operate a small business as a sole trader, partnership, company or trust you have to check out this guide!

In summary it goes through all of the following:

  • Record keeping
  • Registrations
  • Income tax & deductions
  • Business losses
  • Contractors & Consultants
  • GST
  • Tax concessions for small businesses
  • Superannuation
  • FBT
  • Activity Statements
  • Tax returns
  • Paying your tax
  • Growing your business
  • Selling or closing your business
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