Starting a business in Australia is an exciting venture but can be overwhelming for first-time business owners. Understanding the tax system and applying strategic approaches
From 1 January 2025, certain entities that lodge financial reports with the Australian Securities and Investments Commission (ASIC) under Chapter 2M of the Corporations Act 2001 are required to include an audited sustainability report as part of their annual reports. Read more here.
The ATO is cracking down on business owners who take money or use company resources for themselves. Read more to understand how this may affect you.
