TAX BOMB: ARE YOU PREPARED?

WHEN economic commentator Peter Switzer described the 2011 Federal Budget as ‘all about nothing’, he must have had Australia’s small business capital – the Gold Coast – in mind.

Now it’s tax time and while the extent of the red herring initiatives will not be realised until 2013, it’s timely that Gold Coast Business News clarifies some key points.

The Gillard Government proclaimed to make tax ‘simpler’ for small businesses with new initiatives to encourage growth, but in the short-term at least, small business in this city will continue to haemorrhage.

Rather than mask the pain, in this issue we reel in the experts to forecast what the future holds and also seek some sound advice on how to better position your business for the FY ahead.

Get your copy of Gold Coast Business News June edition to read our full finance feature, and discover if your business is ready for tax time.