It's Tax Planning Time! With the end of the financial year approaching fast, NOW is the time to take proactive steps to review your tax position and put strategies in place to minimise your tax. Why is tax planning so important? For the following key reasons: Cash flow planning Know how much tax you
In the lead-up to 30 June 2021, we want you to be aware that you need to complete your trust distribution resolutions before 30 June. Why? To avoid paying extra tax of up to 47% of Trust profits. How can this happen? If a Trustee of a Trust fails to make a resolution to
Projecting your cashflow pipeline forwards during a crisis is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash position. Plus, when you have
With the end of financial year approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June 2021 to reduce your tax and grow your wealth. Many business owners have reduced their 2021 PAYG installments to Nil during the COVID-19 period, but with JobKeeper payments you may
Day 1: Awesome! Office space at home is cleaned up, my pens, notebook, computer and screens are all lined up neatly. Zoom and team meetings all sorted. Kids and home schooling schedule sorted. All systems are ready to go! Day 10: I am enjoying the daily zoom meetings with the team, however the phone
