More about SME for accountants and tax professionals

Man and woman checking over list together
Currently, any taxable entity can deduct SIC and GIC charges from their income. However, a federal government working group is planning to change that.
Bluesky Butterfly Against Night Sky
Bluesky is a fast-growing microblogging platform like X. If social media is part of your marketing strategy, now is the time to check it out.
Woman looking to laptop screen highly distressed
Australian small businesses will have access to federal funding to access IDCARE cyber resilience services by the end of the year.
Retired couple contemplate beach scene from bench
Employers will have to lodge super contributions into funds sooner under payday super reform changes from July 1, 2026, or face extra charges and penalties.
Xero Auckland building front with logo
Xero has moved to boost its SME accounting software’s reporting and analytics features, with plans to acquire Sift Analytics in a deal valued at $US70m.
Flag at parliament with ATO logo
The Tax Commissioner has revealed plans for new digital measures designed to tighten up SME tax compliance.
Woman looks at laptop puzzled and dismayed at what she sees
Nearly half of all Australian small businesses have faced the prospect of shutting down in the past year, according to an ACCI survey.
PayPal foyer at Sydney offices
If you’ve opened a business account with PayPal Australia in the last few years, you might be entitled to a refund, court finds.

Latest NEWS:

The noisy political war over the Labor’s new super tax laws is raging again, but a quieter battle is being fought for ways to beat them.
Currently, any taxable entity can deduct SIC and GIC charges from their income. However, a federal government working group is planning to change that.
Bluesky is a fast-growing microblogging platform like X. If social media is part of your marketing strategy, now is the time to check it out.
Social media is helping the Australian Taxation Office catch tax cheats through community whistleblowers and the agency isn't discouraging it.
Australian small businesses will have access to federal funding to access IDCARE cyber resilience services by the end of the year.
Australian business and tax software providers are taking a growing interest in using AI, according to the Australian Taxation Office.