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OnDeck urges SMEs to act now to save on tax

by OnDeck Australia,   May 25, 2023

First 5000

25 May, 2023

SMEs should be exploring opportunities that can simultaneously help them save on tax while strengthening the business for the new financial year, according to Cameron Poolman CEO of business lender OnDeck Australia.


We have pulled together strategies that may allow SMEs to enjoy a tax break this financial year. As Australia’s tax laws are complex, I encourage SMEs to speak with their professional tax adviser to know if their business is able to claim a specific deduction.


With the end of the financial year fast approaching, OnDeck believes there are five potential opportunities for small businesses to trim the tax man’s take in 2022/23.


Read the full article here.

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