Small business reporting challenges

Small business reporting, a topic dear to our heart. I went to a seminar on Monday hosted by the Institute of Public Accountants and Deakin University to discuss Regulation, Competition and taxation and the challenges it creates for small business and accountants. There were excellent presenters and all agreed there are many hurdles for business to keep up with reporting for Super, BAS, Payroll tax, FBT, Work cover and many state government regulations. Even though everyone agreed running a small business with limited expertise is challenging however a solution has not been found yet.

Posted in Business