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Supporting micro enterprises
Providing taxpayers with the assistance they need to understand and effectively deal with their tax entitlements and obligations is central to improving voluntary compliance.
This year our Small Business Assistance Program is being enhanced with support from the 2007 Federal Budget. We are aiming to provide practical assistance that is relevant to the issues facing businesses at various stages of their development. The program is being developed in consultation with business representatives and tested with business operators.
Our assistance packages will be tailored to meet the needs of businesses. Assistance and advice will be available to businesses on start-up and at various other points in the business life cycle - such as when a business registers for GST or decides to take on employees, or if it is having difficulties meeting its obligations.
We offer support in the form of assistance visits, seminars and workshops, and over the phone. We are also making more and better use of local industry bodies, business assistance centres and other local organisations to make sure micro enterprises get the help they need. In particular, we are using these channels to provide practical guidance to micro enterprises that are concerned about compliance with their tax obligations.
For many businesses, dealing with us online is faster and more efficient than using paper forms. We help businesses better understand and use our electronic products such as e-Record and our record keeping evaluation tool. We also provide practical help to businesses in accessing the Business Portal.
We are implementing a new policy measure that will help reduce complexity and compliance costs for taxpayers by providing a single definition of 'turnover' for small businesses.
Sections within Micro enterprises
Last Modified: Thursday, 16 August 2007