Friday, February 26, 2010

A remarkably helpful ATO

Danni Kirwan, Marketing Executive

While researching a topic for my blog this week, I stumbled across a new page on the ATO website – Small business support.

Now I’m sure that when many of us think of the tax office, our thoughts are less than complimentary... But after a peek around this new section of the site, I must say I was pleasantly surprised by what’s on offer.

On the Cleardocs helpline, we regularly get calls from customers registering new companies, excited about the prospect of starting their own business and pursuing their passion. But whether your passion is painting houses, baking cakes or grooming dogs, chances are you’ll be paying tax.

So although you’re almost certainly an expert at what your business does, you may not be quite on top of the tax obligations you will have to consider as a small business owner. Even if you employ an accountant to take care of these issues, it’s still a good idea to know the basics about what’s required of you.

The Small business support page, which can be found here, links to a number of pages with useful information about the types of things you will need to consider as a small business owner. Topics covered include “starting your small business”, “complying with your tax obligations” and “reporting and paying tax”. Each topic covers issues that you may come across as a business owner, why they may affect you, and additional information to help you find out more.

So wether you’re thinking about starting your own business, or you’re about to wind one up (there’s info about that too) you may find something on the site that’s useful to you. Cleardocs is proud to be a part of your journey as a business owner, but we also recognise the fact that what we help you with is just the beginning of a long path – so remember there’s tools and resources out there that can help you along the way.

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