
One third of SMEs late on EOFY paperwork
Research from MYOB has revealed that 35 per cent of SMEs do not start their end of financial year paperwork until after June, while making significant “personal sacrifices” to meet their obligations.
The MYOB Business Monitor, a bi-annual national survey of more than 1,000 SME business owners also found that small business operators are working weekends and evenings to meet their EOFY obligations.
Read the full story at Accountants Daily.