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tax-talk

Tax Talk

Tax Talk

ATO Coming To Warrnambool To Help Local Businesses

The Australian Taxation Office (ATO) is coming to Warrnambool this month to help local businesses stay on top of their tax.

The Australian government agency will run three free workshops covering a range of tax topics from record keeping to the newly introduced “single touch payroll” system.

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Fran Kearney, from the ATO’s Small Business Education, Prevention and Support team, says that as the commercial centre of the region, Warrnambool was the ideal location to host the events.

“By providing these face-to-face workshops, the ATO is giving small businesses in Warrnambool the opportunity to learn and understand what they need to do, why and how, so they can confidently get off to the right start in running their business,” she said.

“Our workshops are designed to provide accurate and clear information to help small businesses understand their rights, entitlements and obligations.

Warrnambool City Council CEO Peter Schneider encouraged all businesses, especially new businesses, to take the opportunity to hear from the ATO in person.

“There can be a lot to learn when it comes to setting up a business and making sure your tax and payroll processes are in order is crucial,”

“This is an excellent chance to be brought up to speed by the experts themselves."

All workshops will be held at South West TAFE and are free to attend.

For more details, contact Warrnambool City Council economic development unit on ecodev@warrnambool.vic.gov.au.

Workshop details:

Tax Essentials – Wednesday August 21, 2pm – 4pm
In this workshop, you will learn about common business structures, business registrations and reporting, expenses you may be able to claim including motor vehicle, depreciation and home-based business expenses, and where to go for help and information.

Single Touch Payroll: Introduction – Wednesday August 21, 5pm – 3pm
Are you a small business employer with 19 or less employees? This 90 minute overview session will help you understand how your payroll and super reporting obligations as an employer will be streamlined using Single Touch payroll from 1 July 2019.

Record keeping for small business (GST registered) – Thursday August 22, 9.30am – 11.30am
Are you new to business, registered for GST or thinking you may need to register for GST? This workshop will teach you how to calculate and record GST, and how to keep records to claim all entitled deductions.

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