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Small businesses grapple with the ATO's ‘biggest change since the GST

Money removed from a till Canberra, Thursday, July 12,  2007.  (AAP Image/Alan Porritt) NO ARCHIVING

Money removed from a till. Source: AAP

When the new financial year starts on Monday ((July 1)) small businesses with fewer than 20 staff will face sweeping changes in the way they interact with the Tax Office. The ATO describes it as the ‘biggest change since the GST’ and, as SBS Small Business Secrets found, some owner-operators are struggling with the new system.


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By Sandra Fulloon, Sopharany Hay

Source: SBS



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When the new financial year starts on Monday ((July 1)) small businesses with fewer than 20 staff will face sweeping changes in the way they interact with the Tax Office. The ATO describes it as the ‘biggest change since the GST’ and, as SBS Small Business Secrets found, some owner-operators are struggling with the new system.



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