With most businesses just re-opening thinking of tax obligations, either personal or business related may not have been top priority. However, with BAS lodgement due in just a few days, now is the time to ensure you’re fully prepared as you will be required to lodge your quarterly BAS.
It’s exciting yet unpredictable times ahead as the business landscape starts to shift in Australia as we redefine life after covid lockdown. If you are overwhelmed with where to start, here are four key areas to focus on to guide you in the right direction in repositioning your business:
No matter what you’re going through, you are absolutely not alone! Being a small business owner can be the most rewarding, but also the most challenging thing you can ever do. You’ve got to have grit and persistence if you want to succeed. But most of all, you’ve got to be ready and willing to adapt and be flexible. Check out some of the biggest small business challenges in 2021.