Tim JohnstonIn Australia, you have a choice to remain on a cash basis for lodging your BAS while your Turnover remains under the $2M threshold. The advantages of this are if you have outstanding debtors you...
Tim JohnstonThe introduction of the GST was meant to lead to a reduction in other types of state and federal taxes. Unfortunately, state governments have taken the windfall from the GST without passing the resulting surplus on to taxpayers. One...
Tim JohnstonIf you've recently started a business, it can be confusing knowing whether ot register for GST on a cash or accrual basis. Check the recent clip on our Youtube Channel to get some tips on...
Tim JohnstonThe GST has now been in effect since 1 July 2000, yet despite a massive Australian Taxation Office (ATO) education campaign there are still many errors and omissions being made by small businesses on their...
