Small businesses grapple with ATO's 'biggest change since the GST'
Tax Time - Australia - wooden letters with tax form, magnifying glass, money and calculator Source: Getty Images
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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