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The Tax Office launches a website offering more than 20 online courses covering the essentials of tax, super and management.
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ATO urges small business owners: ‘Teach yourself tax’
01 February 2024
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The ATO aims to help small business owners navigate through the tax and superannuation system with the launch of an online learning platform featuring more than 20 courses and a calendar of key lodgment dates.
Deputy commissioner Will Day said the Essentials to Strengthen Your Small Business website offered short, free and flexible programs on tax, super and the core aspects of management.
“The new platform supports a variety of learning styles with videos, case studies, audio content and written information, as well as the option to test your knowledge with quick quizzes,” he said.
“It also includes tips on areas where we see small business owners make mistakes, like GST and business deductions.”
“We know that a lot of small businesses don’t have time to attend courses during business hours so the beauty of our new platform is that you can do it at a time that suits you, save your progress, and then pick it up again later.”
The ATO said the website was also a useful resource for the many tax practitioners who were running small businesses themselves.
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Minister for Small Business Julie Collins said the website delivered practical help to save time on tax.
“I encourage small businesses to take up this great opportunity from the ATO with free courses specifically designed for the needs of small business,” she said.
“Our latest budget included new measures to help small business with taxes including longer timeframes to amend tax returns and expanding access to advice through the tax clinic program.”
The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, agreed the resource would be helpful.
“Business know-how and being able to benefit from the wisdom of others can be key to successfully turning an idea into an enterprise,” Mr Billson said.
“But the spark that inspires an entrepreneurial person into creating and growing a business is rarely the behind-the-scenes business of running the business. Yet this is where success and better decision-making can be formed.”
“That's why these resources are so important and helpful, and I commend them to you.”
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