Australian Taxation Workshops

Who should attend?

Small business operators, and those just starting or thinking about starting a new business, should consider attending these free tax seminars and workshops.

Why should you attend?

You will learn about tax issues relevant to owning and operating a small business and receive practical tips for your business.

What will be covered?

Tax basics seminar - the fundamentals of tax for small business.

• Business structures - sole trader, partnership, company and trust
• Income tax and deductions (including capital gains tax)
• Goods and services tax (GST)

Record keeping workshop - record keeping essentials for business, with practical exercises.

• How money flows through a business
• Recording income and sales, and expenses and purchases
• Keeping wage records
• Completing an activity statement

Activity statement essentials seminar - a comprehensive look at completing your activity statement.

• The purpose and layout of an activity statement
• GST, PAYG withholding and instalments, and other labels examined
• How you can use activity statement data to plan and budget

Business deduction essentials seminar - a closer examination of income tax deduction rules for small business including the small business and general business tax break.

• Expenses you can claim immediately, and those you can claim over time
• Additional tax deduction for business investment in eligible, new tangible depreciating assets and new expenditure on existing assets

• Expenses you can never deduct

Bookings

Become Investor Ready 

Venture Capital SA also runs a range of workshops and seminars to help companies become investor ready and to access capital for growth and development.

Business Owners Coaching Program

The Department of Trade and Economic Development (DTED) offers a Business Owners Coaching Program to help South Australian business owners develop their management and business skills. Participants meet regularly to discuss issues, develop solutions and hear first-hand from experienced, successful business owners.

New groups are formed according to demand and subject to the availability of coaches.

What’s Involved?

Lead by a coach, groups of up to 10 business owners meet for three-hour sessions once a month for ten months. The coach also offers hourly individual sessions to each participant each month, either by phone or in person. Every effort is made to match the business owner’s needs with the skills and strength of an appointed coach.

Group sessions are held to provide participants with a forum where they can discuss critical business issues such as:

Who can participate?

• Businesses with a turnover of between $50,000 and $3 million
• Businesses that have been running for more than one year
• Potential participants must demonstrate strong willingness to self-improve and commitment to the program
• Participants must be prepared to commit to attending group sessions and to work with the Department of Trade and Economic Development (DTED), their coach and other group members
• Participants must be prepared to sign a DTED Business Coaching Program agreement

DTED aims to match participants on the basis of their specific needs and stage of business development. It is possible that an appropriate group may not be available at your time of application. In this case, your application will be placed on file for consideration at a later stage and you will be notified accordingly.

Cost and subsidy levels

The total cost of the 10-month Business Owners Coaching Program (BOCP) is $2,200.
DTED will subsidise first-time participants on the following basis:

• Subsidy of 75 per cent for businesses with a turnover between $50,000 and $500,000
• Subsidy of 50 per cent for businesses with a turnover between $501,000 and $1,000, 000
• Subsidy of 25 per cent for businesses with a turnover greater than $1,000,000

For more information or to send in your Application Form please contact Yvonne Baillie on This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Textile, Clothing and Footwear Small Business Program

This program which is a competitive, merit-based grants program, aims to improve the business enterprise culture of established Textile, Clothing and Footwear (TCF) small businesses.

A maximum of $50,000 is available for a particular project.

Dates of application rounds and more information

AusIndustry website www.ausindustry.gov.au or contact their hotline on 13 28 456 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Start Your Own Business Workshop

If you are thinking about starting your own business, or have just got underway, our free workshop titled ‘Starting Your Own Business’ will help you work through the critical steps to success.

Delivered by the Department of Trade and Economic Development (DTED), this three-hour workshop incorporates information, advice and techniques to start your business on the right track. Issues covered include:

• Determining the feasibility of your idea
• Costing your product or service
• Identifying the skills needed to run your business
• Business structures
• Estimating the capital needed to start and sustain your business.

Online delivery

The Starting Your Own Business Workshop Video is now available online. Click here to View the Workshop

Our next workshop at Morphett Vale is on Thursday 29 July 2010, 10am-1pm

Attending a workshop will enable you to get answers to your questions
and get more answers from other people's questions.

Bookings: This e-mail address is being protected from spambots. You need JavaScript enabled to view it  or phone 8326 6511

Planning for your new business

This workshop is designed for people who have already attended the Starting Your Own Business Workshop and want to take their business idea to the next stage. The 3 hour workshop gives participants the opportunity to map out their business proposal and develop a business plan.

Writing a business plan forces you to think logically and methodically about your potential business idea, assess its chances of success and work out if you can achieve the goals you set for the business. It also helps clarify for other potential business partners, where the business is headed and make it easier to get constructive feedback from others, such as Business Advisers.

It will also assist you in presenting your ideas when approaching a bank for finance. It’s much better to do this before you begin the business than to find out afterwards your business idea was unrealistic!

The workshop covers topics such as:

• Strategic planning and SWOT Analysis (Strengths, Weaknesses, Opportunities and Threats)

• Cash flow planning and seasonality

• Finance requirements of debt capital and leasing

• Market strategy based on market research

• Planning / reporting using a Profit & Loss Statement and Balance Sheet

Our next workshop at Morphett Vale is on Thursday 2 September 2010, 10am-1pm

Attending a workshop will enable you to get answers to your questions
and get more answers from other people's questions.

Bookings: This e-mail address is being protected from spambots. You need JavaScript enabled to view it  or phone 8326 6511