Ignorance of the law is no defence and the Australian Tax Office doesn’t take very kindly to “I didn’t know” as an excuse either. So what’s a busy small business person or entrepreneur to do when there’s a raft of tax and legal changes every year.
Read the SmartCompany cheat sheet for the key tax and legal changes of 2015 here: http://www.smartcompany.com.au/legal/45526-the-tax-and-legal-changes-small-businesses-need-to-be-aware-of-in-2015.html
This article was suggested by our mentor Bob Joubert