Small Biz Matters – a half hour program each week where you can work ON your business rather than IN it.
with Alexi Boyd from Boyd Office Management Services
Date: 19 February 2018
Let’s be honest, there’s probably not a lot of love out there for the ATO coming from Small Business. Many of us are worried if we get the smallest thing wrong they’ll come down on us like a tonne of bricks.
There are frighteningly effective ways the ATO is finding and fining those who are deliberately doing it wrong, come 1 July there are some changes you need to be aware of as an employer, but on the other hand there are also loads of ways the ATO supports, assists and educates us.
So let’s have a chat to them. They want to engage better with small businesses and today we have the perfect guest with the inside knowledge. Deborah Jenkins is the Deputy Commissioner for the ATO and joins us to talk about top record keeping tips, getting online, who to ask for help and where to turn to when it all goes wrong.
Welcome to the show Deborah.
Topics we’ll be covering:
ATO Small business tips - starting the year off well
Take the opportunity to get your business organised for the New Year, and make 2019 the best year yet for your business.
Check your business follows these tips:
Visit ato.gov.au/SBsupport for an overview of resources, tools and services the ATO offer.
To find out more go to their website: Small business newsroom & ato.gov.au/SBsupport
Know the signs of illegal phoenix activityIllegal phoenix activity is when a new company is created to continue the business of a company that has been deliberately liquidated to avoid paying its debts, including taxes, creditors and employee entitlements.
This activity costs the Australian community up to $5.13 billion per year. The Phoenix Taskforce, a group of 34 state and federal agencies are working together to combat it - so far they’ve returned over $230 million to the community.
The ATO has developed a video to help you Know the signs of illegal phoenix activity and protect yourself. We’d love you to help spread the word and share this video, or some informative factsheets with your networks.
If you suspect phoenix activity, report it on 1800 807 875 or online.
Links:
EP#227 ~ Sandy Chong One of the most influential industry leaders. What drive these advocates?
EP#226 ~ Why should Regional, Rural and Remote communities be front and centre of small business policy planning? We ask a passionate thought leader.
EP#225 ~ Big Tech sometimes plays the smallbiz advocate but do they really represent the small business voice?
EP#224 ~ How do economists influence policy inside and outside of government?
EP#223 ~ Resilience in Action - how a thriving refugee business builds on a foundation of struggle to continue to overcome business hurdles and success.
EP#222 ~ Translating policy into practice: What do the new Industrial Relations laws mean for your business?
EP#221 ~ The Intuit GetConnected Conference Smallbiz Learnings: AI, Advocacy, Advisors and Open Banking
EP220 ~ What is the role of .au Domain Administration in the digital space and how does this affect small business?
EP219 ~ Digital Identity is coming. So what does this mean for you and your small business?
EP#218 ~ What is the future of small business advocacy in 2024 and beyond?
EP#217 ~ The tech StartUp world seems the darling of government industry policy. But is that the reality?
EP#216 ~ ATMS knows about health, women, the economy, and micro business. How do they represent small business across so many policy areas?
EP#215 ~ ACCAN, who is the organisation fighting for small business people’s rights in the telecommunications industry?
EP#214 ~ How does ABS’ powerful data lead to informed policy for small business?
EP#213 ~ How bookkeepers advise their small business clients and how ICB advises Government
EP#212 ~ Highlights from Xerocon 2023 ~ What will be the impact of AI on the Fintech industry and small business?
EP#211 ~ The Australian Retailers Association is celebrating 120 years - what makes a successful association last? With Paul Zahra, CEO ARA
Welcome back to Small Biz Matters!
Reconnecting to global markets - what opportunities await in overseas markets? With special guest Trena Blair, CEO of FD Global Connections
Equity & Equality. It's time for small business to take the lead With special guest Cathy Ngo, Founder of Keynoteworthy, Equity & Inclusion Changemaker
Create your
podcast in
minutes
It is Free
Get Creative with Pace Morby
The Everyday Millionaire
Pure Hustle Podcast
The Ramsey Show
Planet Money