Event description
Understanding tax basics is essential for running a successful business. This workshop provides a simple overview of key tax topics, including GST, record keeping, income tax, and business structures. Across two sessions, you'll learn how to set up basic financial systems and better understand your tax obligations.Topics covered
Session one- What the ATO considers a business
- Assessable income
- Tax deductions
- Record keeping requirements
Session two
- Business structures
- Capital gains tax basics
- Depreciation and instant asset write-off
- GST
Who it's for
People starting or running a business who want to understand the key tax concepts needed to manage their business successfully.About the presenter
Edith Cowan University is recognised for excellence in business and management education, with a strong focus on practical, industry-based learning. The presenter is a former Assistant Commissioner at the Australian Taxation Office and experiences small business owner, brining practical insight into the challenges faced by business owners.This workshop is held online.