1. Tax Tips and Stimulus Packages for Self-Employed Individuals and Small Businesses in Australia

    Tax Tips and Stimulus Packages for Self-Employed Individuals and Small Businesses in Australia

    There are some really stimulating insights in this Smart Company article. It's called Coronavirus Stimulus: Tax Tips for Self-Employed People and Small Business Owners.

    In it, Mark Chapman shares some interesting perspectives. Here's one that we thought was worth taking note of:

    The federal government has already acknowledged the measures announced last week won’t be sufficient to keep the small business sector afloat, and it appears more stimulus measures will be announced imminently as the economic clouds darken.

    Whilst additional tax deductions and reductions in compliance burdens are welcome, these sorts of measures don’t really address ...

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