At this stage the Australian Taxation Office (ATO) has not released any information on any changes proposed to taxation tables for 2021/2022. The most recent changes to tax tables occurred in October 2020 and those should be well and truly bedded in by now.
NANA has worked with the Australian Small Business and Family Enterprise Ombudsman to prepare a guide to the highlights from the 2021 Budget and what the impacts on small business like Newsagents will be.
This past year has been unprecedented, with bushfires, drought and COVID-19 making things more difficult for many people in small businesses. The ATO says it wants to help businesses get back on their feet and that small businesses have always been the backbone of our economy. They make up more than 99% of all Australian […]
Major software provers have updated their software and taxation tables to include changes made in this year’s Budget.