Tax relief for small businesses on the brink of insolvency – Inside Small Business

The Federal Government has announced that it is providing tax relief measures for small businesses.During the federal budget announcement, the Australian Tax Office (ATO) made a pledge to scrap failure-to-lodge penalties for some small businesses with an annual turnover of less than $10 million.To better understand the beneficial implications this will have on small Australian businesses, Inside Small Business interviewed Angus Sedgwick, OptiPay CEO.

Tax relief for small businesses on the brink of insolvency

 

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