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Member Spotlight

Kalindi Chirmuley, Mulayam Products

Kalindi Chirmuley, Mulayam Products

Mulayam Products manufactures natural skin care products for all ages and all skin types. It helps to take care of the skin and enhance its beauty. Read more

Roland Hanekroot, New Perspectives Small Business Bootcamp

Roland Hanekroot, New Perspectives Small Business Bootcamp

Roland Hanekroot is a small business coach in Sydney who works with small business owners who want to make a big shift in their business and turn i... Read more

Peter Crocker, Sam Leader, Robert Gerrish - Flying Solo

Peter Crocker, Sam Leader, Robert Gerrish - Flying Solo

Peter Crocker, marketing head honcho, Sam Leader, editorial big cheese and Robert Gerrish, founder and general nuisance spill the beans. Read more

Tony Cosentino, The WordPress Guy

Tony Cosentino, The WordPress Guy

Tony Cosentino builds WordPress websites, trains businesses how to manage a WordPress site and provides long term fanatical support for WordPress s... Read more

Dane Pymble, Small Business Wizardry

Dane Pymble, Small Business Wizardry

Small Business Wizardry gives small business owners the tools and resources they need to start and grow their business. Read more

Lidia Scotto di Vetta, Sweet Pins

Lidia Scotto di Vetta, Sweet Pins

Sweet Pins sells hosiery from some of the best brands around the world to women who still take pleasure in wearing gorgeous stockings or want to co... Read more

Uri Maimon, Nominal Accounting

Uri Maimon, Nominal Accounting

Nominal Accounting Software develops, sell and supports a micro business management software. Read more

Karen Curran, Unicorn Graphics

Karen Curran, Unicorn Graphics

With Unicorn Graphics, you get agency quality graphic design solutions at a lower investment with a person who has the ability and knowledge to do ... Read more

Monika Mundell, Copywriter

Monika Mundell, Copywriter

Monika Mundell, along with her husband John, provides a comprehensive suite of sizzling copywriting services to entrepreneurs, Internet marketers, ... Read more

Karen Churchill, The Churchill Consultancy

Karen Churchill, The Churchill Consultancy

Karen Churchill helps her clients achieve their goals by communicating as well as possible with the people who matter to them. This can be done by ... Read more

Jan Bell, Bell’s Outsourcing Administration

Jan Bell, Bell’s Outsourcing Administration

Jan Bell is a virtual secretary who does administration and back office work from secretarial to bookkeeping. Read more

Keagan York, Compass Global Markets Pty Ltd

Keagan York, Compass Global Markets Pty Ltd

Compass Global Markets can help you with any aspect of the Foreign Currency transfers and Commodity markets from corporate hedging to wealth creation. Read more

Emma Bannister, Presentation Studio

Emma Bannister, Presentation Studio

Presentation Studio offers a complete presentation design service, from PowerPoint Templates and Design, and Training to Public Speaker coaching. T... Read more

Donna Garrett-Young, Home Building Made Easy

Donna Garrett-Young, Home Building Made Easy

Donna Garrett-Young has been a passionate renovator and builder for nearly 20 years, and is the author of the book 'Home Building Made Easy - Five ... Read more

Bob Owen, Classic Diecast

Bob Owen, Classic Diecast

Bob Owen from Classic Diecast maintains an online business and information portal selling premium Dinky Brand diecast collectable models to collec... Read more

Garry Bolton, Sharp Wedding Photography

Garry Bolton, Sharp Wedding Photography

Garry specialises only in wedding photography, offering quality and affordable digital wedding photography services to Adelaide and regional South ... Read more

Maria Lesar, H.A.P.S. Business Solutions

Maria Lesar, H.A.P.S. Business Solutions

Maria is an experienced bookkeeper organising small businesses. She assists clients with setting up their new business ensuring they have applied ... Read more

Alison Taylor, Cloverlea Designs

Alison Taylor, Cloverlea Designs

We are a small online retailer that sells gorgeous babies and children’s bed linen and homewares to Australian mums. Read more

Gabriel Dukes, Shelcom Corporate Services

Gabriel Dukes, Shelcom Corporate Services

Shelcom Corporate Services help make the government registration process of starting up a company simple, fast and faultless for new business owners. Read more

Karen Wickham, That’s Creative!

Karen Wickham, That’s Creative!

That's Creative! provides graphic and website design services to clients right across the world. Currently Ebook Design is their most popular servi... Read more

Kalindi Chirmuley, Mulayam Products
Roland Hanekroot, New Perspectives Small Business Bootcamp
Peter Crocker, Sam Leader, Robert Gerrish - Flying Solo
Tony Cosentino, The WordPress Guy
Dane Pymble, Small Business Wizardry
Lidia Scotto di Vetta, Sweet Pins
Uri Maimon, Nominal Accounting
Karen Curran, Unicorn Graphics
Monika Mundell, Copywriter
Karen Churchill, The Churchill Consultancy
Jan Bell, Bell’s Outsourcing Administration
Keagan York, Compass Global Markets Pty Ltd
Emma Bannister, Presentation Studio
Donna Garrett-Young, Home Building Made Easy
Bob Owen, Classic Diecast
Garry Bolton, Sharp Wedding Photography
Maria Lesar, H.A.P.S. Business Solutions
Alison Taylor, Cloverlea Designs
Gabriel Dukes, Shelcom Corporate Services
Karen Wickham, That’s Creative!

What say you?

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I’m in this business for:
64% - The long haul
3% - The shortest time possible
32% - As long as I enjoy it
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HomeFinanceBusiness tax tips

Finance | Business tax tips

Dealing with business tax and understanding tax minimisation is a crucial part of running any small business. Tax time seems to come around very quickly each year, so it is wise not to leave everything until the last minute!

This section provides plenty of business tax help, including how to reduce tax by maximising tax deductions, donations and other tax deductions, the differences between legal control and beneficial ownership as well as the benefits of do-it-yourself superannuation.

Need help calculating your hourly rate? Try this hourly rate calculator.

Tax invoices too taxing?

06 Aug 11 | Michael Quinn

Tax invoices are an inevitable part of doing business in Australia, but many business owners aren’t clear about what needs to be listed on them to ensure they’re valid. Read more

Comments: 0

Tax time tips

25 Jun 11 | Richard Stewart

When it comes to the end of the financial year, you need to make the most of any tax benefits, and to do what you can to minimise your tax liability for the current year. Here are some useful tax time tips. Read more

Comments: 0

Capital gains tax (CGT) FAQs

01 Jun 11 | Michael Quinn

Confused about capital gains tax (CGT)? You’re not alone – it’s an area of taxation many people find hard to come to grips with. This overview should help. Read more

Comments: 2

Tax compliance and the micro business sector

03 Dec 10 | Richard Stewart

There are 2.7 million micro businesses in Australia, collectively accounting for nearly two-thirds of the country’s tax debt at any one point in time, so tax compliance is an important issue for the micro business sector. Read more

Comments: 1

Should you register for GST?

04 Jun 10 | Heather Smith

One of the first decisions to be made when starting a new business is whether you should register for GST. Here I’ll discuss the key issues you need to consider. Read more

Comments: 14

Who is preparing your business activity statement (BAS)?

21 May 10 | Ingrid Louise

If you pay someone to complete your business activity statement (BAS), or if you provide such a service yourself, you may be affected by recent legislative changes. Read more

Comments: 11

GST for small business

08 Apr 10 | Ingrid Louise

If GST causes you stress, here are some simple concepts you need to understand, and some strategies for bringing GST for small business under control. Read more

Comments: 7

Beneficial ownership: Saving through the other deductible rule

19 Nov 06 | Tony Melvin

The Other Deductible Rule can save you time and money by allowing you to pay for expenses directly from your business' earnings. This article discusses the differences between legal control and beneficial ownership. Read more

Comments: 7

Donations and other tax deductions

08 Jun 06 | Jeremy Britton

If you’re thinking about your taxes for this financial year, t's not too late to save on tax by spending on tax deductible items. Here are some suggestions about donations and other tax deductions. Read more

Comments: 3

DIY Super: The benefits of do-it-yourself superannuation

09 May 06 | Jeremy Britton

If you have ever wanted to take control of your financial destiny, do-it-yourself superannation (DIY super) is perhaps one of the best ways to do it. Read more

Comments: 18

Reducing tax by maximising tax deductions

13 Apr 06 | Tony Melvin

All soloists want to learn how to minimise their tax obligations and maximise tax deductions. This article helps you grasp the fundamentals of reducing your tax via legitimate deductions. Read more

Comments: 10

 

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Small Business is Australia's fastest growing sector – this business community site was created for those running a small business of one to five people. Here the solo and micro business owner will find small business forums, a small business directory, free resources, help, tips and advice on: starting a small business; working smarter when working from home; effective small business marketing; small business networking; the solo psyche; staying balanced as a small business owner; small business technology advice and small business finance tips.

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