THE ATO has launched its ‘Ready for Business’ campaign to help new small business owners understand tax, super, and GST obligations. With half of businesses failing within three years, often due to tax errors, the ATO offers guidance via email. It urges correct GST registration, especially for those earning over $75,000 or in ride-sourcing. Side hustles and PAYG instalments are also in focus to avoid tax surprises and improve compliance.
ATO IS NOW READY FOR BUSINESS
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Michael Walls
michael@accessnews.com.au
0407 783 413
