Grow Your Business Workshop - Managing Cashflow & Tax

Managing a business is complex with many decisions required to be made. One of the decisions that sometimes is overlooked is the ‘tax’ implications of running a business. Tax is an important consideration as ignoring it can result in penalties and interest charges, but it can also influence the cash flow of the business. This free workshop, delivered through Griffith Tax Clinic by Dr Brett Freudenberg, Professor - Tax Law Griffith University, will provide an overview of important tax considerations that people running a business should take into account. The workshop will consider how the various types of taxes (particularly income tax and GST) can influence a business’ cash flow, not only in terms of profit margin, but also when payments are due. The workshop will also look at employment tax, particularly superannuation obligations, and fringe benefits tax.

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