As a business owner in Australia, tax season can be a daunting time. However, there are ways to minimise the impact of taxes on your bottom line. To assist you in navigating this complex landscape, we have compiled a list of five strategies that businesses can implement to save on their tax bill in Australia.

In Australia, the Goods and Services Tax (GST) is a value-added tax of 10% on most goods and services transactions. As a business owner, understanding when to register for GST is crucial to ensure compliance with the Australian Taxation Office (ATO) requirements. Below, we unpack the specifics around GST registration to help you navigate this aspect of your business.