The nasty CGT trap on business sales

Time is ticking by. The deadline for tax returns is October 31.

Adam Courtenay   There's an unfair rule that means the ATO can tax you on money you've never even made.

Talking to the professionals

Debra Anderson has been telling clients not to expect a cheque from the ATO.

Alexandra Cain   In the aftermath of the federal budget, what advice are small businesses seeking from their accountants to make the most of proposed changes to tax rules?

SMEs considering their options with tax break

Position: Taxation statistics reveal the enormous pay gap between the richest and poorest.

Alexandra Cain   Smaller entities have welcomed new tax depreciation rules. But it's important to understand the finer details to get the highest benefit possible.

Tax break transforms this office

Janey Francis and Tracey McDonald have updated their office thanks to the tax breaks in the recent federal budget.

Alexandra Cain   Meet the business owners who have jumped at the chance to take advantage of tax incentives for smaller businesses announced in this year's federal budget.

Deductions and cars: the rules

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Max Newnham   How do proposed rules to give small business owners access to immediate tax write-offs for expenses that cost less than $20,000 work?

How to pay less FBT

Walk out: Queensland hasn't had any luck retaining technology chiefs.

Matt Goss   Fringe benefits tax can be a major impost, so here are some ways to reduce your exposure.

Confusion reigns with tax deductions

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Max Newnham   How does the $20,000 immediate tax write-off for business expenses really work?

The $20,000 trap

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Max Newnham   What's the one thing that could mean a business expense doesn't qualify for the new tax depreciation rules?

Small business on top

Exports from China, Australia's top export market, dropped 6.4 per cent in April from a year earlier.

Lisa McAuley   COMMENT: Exporters are the winners in this year's federal budget.

The government got it right

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Max Newnham   For once, the Coalition has listened to small businesses in this year's federal budget.

It's a small business bonanza

Attractive dividend streams from the major banks have created a lopsided share market for local investors.

Alexandra Cain   The federal government is aiming to woo SMBs with a raft of initiatives announced in this year's budget.

Cash flow and tax

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Max Newnham   What should you do if there's no cash to pay your obligations?

Are you missing out on this tax break?


Louis White   A slew of local firms aren't taking advantage of a federal government small business subsidy.

Properties and companies

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Max Newnham   What are the CGT implications of companies buying properties?

SME bureaucracy busters

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Max Newnham   Simplified tax rules have been designed to reduce red tape for businesses.

Seven mistakes SMEs make when dealing with banks

Andrews' heart was in the right place, but the scheme was poorly sold to the public.

Neil Slonim   COMMENT: Avoid these common pitfalls if you want a good relationship with your financial institution.

How to fire a family member

How's your cover?

Tony Kabrovski   COMMENT: Letting someone go is one of the toughest gigs in business. It's even worse when you have to fire mum, dad or a sibling.

How to pay less FBT


Matt Goss   It's all in the way expenses are calculated.

Get ready for SuperStream

WA's AA+ credit rating is at risk.

Philip Hind   COMMENT: Now's the time for small employers to start thinking about their employee super obligations.

Should a start-up physio register for GST?


Max Newnham   The practitioner also contracts to another practice and is unsure whether the fledgling business' income will reach $75,000.

Car tax deduction choices

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Max Newnham   Which is the best method when buying a $60,000 car?

Efic's new lending flexibility

Steele Environmental Solutions' research lab.

Andrew Watson   Smaller exporters will benefit from changes to the way the export credit agency operates.

Risky business: companies and trusts

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Max Newnham   Should a separate structure be created to buy equipment for a business?

Tax paper positive, more reforms needed

A corporate tax cut is on the table.

Greg Travers   COMMENT: Now is the time to explore a completely new approach to SMB tax.

Company tax rate irrelevant

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Max Newnham   A reader wants to know how any tax cut will work in practice for small businesses.

Three reasons we're excited about the ESS

Sarah Hamilton, Bellabox

Sarah Hamilton   The new Employee Share Scheme rules are a huge win for start-ups like bellabox.

SMBs disappointed in public sector support

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Tim Reed   COMMENT: Bold policies are needed to stimulate the growth of the small business sector.

Productivity gap hinders SMEs

Customer owned banks want the financial system inquiry implemented quickly.

Robert Spano   COMMENT: A lack of confidence in the economy has left the nation’s small enterprises sitting on their hands when they should be investing,

We're all getting a tax cut

Bellabox chief executive Sarah Hamilton will never apply for a grant again.

Christine Long   Reports suggest all smaller enterprises will quality for a tax cut. But far more could be done to help business owners.

Comments 32

How do I claim start-up costs?

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Max Newnham   A reader wants to know how tax deductions are calculated when starting a business.