The Australian Taxation Office (ATO) are offering free tax webinars and workshops to small business owners.
Business.gov.au states that the webinars and workshops aim to help small business owners understand their tax requirements.
There are nine webinars on offer: Tax Basics for Small Business–An Introduction, Super Obligations, Depreciation, Employer Obligations, Income Tax Deductions, Concessions for Small Business, Goods and Services tax, Activity Statement Essentials and Motor Vehicle Deductions.
The ATO website states that the Tax Basics for Small Business–An Introduction webinar focuses on basic tax issues that need to be considered when starting a small business. This webinar is being held on March 10 and March 16. The Super Obligations webinar focuses on which employees are eligible for super, what happens when super is not paid on time and how to calculate it. This webinar is being held on March 8 and March 23.
The ATO website also states that the Depreciation webinar focuses on common issues with claiming deductions for depreciating assets. This webinar is being held on March 9 and March 23. The Employer Obligations webinar focuses on explaining tax issues and obligations for employers such as PAYG and fringe benefits tax. This webinar is being held on March 8 and March 21.
The ATO website also states that the Income Tax Deductions webinar focuses on income tax deduction fundamentals. This webinar is being held on March 7 and March 16. The Concessions for Small Business webinar focuses on the concessions accessible to small businesses on various taxes. This webinar is being held on March 7 and March 24.
The ATO website also states that the Goods and Services Tax webinar provides an overview of how GST works. This webinar is being held on March 9 and March 17. Activity Statement Essentials webinar focuses on how to complete an activity statement. This webinar is being held on March 7 and March 23. The Motor Vehicle Deductions webinar focuses on the rules when claiming deductions for motor vehicles. This webinar is being held on March 2, March 15 and March 31.
More information on webinars, including where to register, can be found here.
The ATO’s tax workshops are specifically designed for those who are new to business and cover basic topics on starting a business, such as record keeping and business structures. Some of these workshops also involve meetings with an ATO representative. More information on the workshops can be found here.