We are extremely proud to announce that Shannon Smit, has been appointed to the Board of Taxation’s Advisory Panel for 2016. The Board's Advisory Panel is made up of "Australia’s most talented and respected taxation experts" (as quoted on the Board's website).Shannon has held a previous position with the Australian Government’s Board of Taxation’s Expert Panel, however this will be Shannon’s first year as a member of the Advisory Panel.
Running a small business has always been personal. Every sale, every setback, every sleepless night - it all comes back to the same person: the owner.
A staggering 93% of small business owners reported higher costs this year, while 64% saw profits fall. Taxes, wages, and insurance top the list of pressures, with taxes ranked as the number one cost by half of respondents of a recent report.
Australia’s small business sector has always been defined by its resilience - but the latest Council of Small Business Organisations Australia (COSBOA) and CommBank Small Business Perspectives Report 2025 shows that resilience is being tested like never before.