Small business focus areas

We'll help you get it right the first time

We know most small businesses try to do the right thing.

To ensure all businesses meet their tax, super and registry obligations, we will take firmer action on those who knowingly do the wrong thing. This will prevent them from gaining an unfair advantage over others.

Our focus areas

Focus areas	Risks
Omitted income	Using business money and assets for personal benefit Contractors omitting income Businesses using cash to dodge obligations
Deductions and concessions	Non-commercial business losses Small business capital gains tax concession Small business boost measures
Operating outside of the system	Overlooking and misreporting FBT on private use of work vehicles GST registration and income of taxi, limousine and ride-sourcing services Property and construction industry - key tax and super risks Tax risks: Property, construction and professional services
Building good habits	Quarterly to monthly GST reporting Get ready for business