by Investment Plus Accounting Group | Apr 6, 2025 | Business, GST, Small Business
As a small business owner, getting your GST right is crucial. However, mistakes can happen, even to the most diligent among us. If you discover that you’ve incorrectly charged GST on a sale, don’t worry—there are steps you can take to correct the mistake. How This...
by Investment Plus Accounting Group | Mar 6, 2025 | Business, GST, Small Business
The ATO-led Serious Financial Crime Taskforce (SFCT) has issued a stern warning to businesses about the risks of attempting to exploit the tax and superannuation system through GST fraud. While it’s legitimate to optimise your tax position, businesses must avoid...
by Investment Plus Accounting Group | Feb 5, 2025 | Cashflow, GST, Small Business, Small Business Tips, Tax & Accounting
Managing GST compliance can feel overwhelming, but with the right understanding of your obligations, you can make the process more manageable. The Australian Taxation Office (ATO) is committed to ensuring businesses comply with GST regulations, using advanced tools to...
by Investment Plus Accounting Group | Mar 31, 2022 | GST, Tax & Accounting
Accountants have been trained in BAS compliance. As a business owner the registered BAS agent knows how to capture all your expenses. They know what expenses include GST and, in many cases, capture much more GST than a business owner with little BAS experience. Many...
