There is a common understanding that the tax consolidation regime is for the “big end of town”.
Whilst tax consolidation does feature in the tax structuring of larger corporates, the tax consolidation regime is not only for the big end of town, but can be effectively used by Small to Medium Enterprise Groups (“SME”), the minimum requirement to form a tax consolidated group being a resident company with at least one wholly owned subsidiary company (or unit trust).
Getting paid on time can be a bug bear for many companies – no matter their size or where their payments are flowing from. Late payments mean potential problems with cash flow further down the line. And if it’s an ongoing problem, it can have serious consequences for business health. Much has been said about the impact of late payments on small businesses, as they are often working within tight financial constraints. But what about larger enterprises?Read More
Financial year-end can be a stressful time for small businesses, but it doesn’t have to be. Here’s what you need to get through it, and some tips on how to minimise the drama.Read More
Xero have been working hard behind the scenes on some great improvements to their help centre. We know thousands of you check the online help pages every day. So we know that finding a quick answer is super important to getting you back on track with the work you’re doing.Read More