by Peter Ristevski | Mar 31, 2026 | ATO, ATO Compliance, GIC (General Interest Charge), Tax Planning
If you have an overdue tax debt, the Australian Taxation Office may apply interest to the amount you owe. These charges can increase quickly and make a tax debt harder to manage. However, in some situations the ATO may agree to reduce or remove part of these interest...
by Investment Plus Accounting Group | Mar 31, 2026 | Cashflow, Small Business Tips, Start Ups, Tax & Accounting, Tax Planning
For many small business owners and tradies, one of the biggest financial shocks comes when the annual tax return is prepared and the bill from the Australian Taxation Office arrives. You may have had a strong year with plenty of work and healthy cash flow. Then...