tax planning

Tax Planning Strategies for Business

Tax Planning Strategies for Business

By Theresa Allery|2022-05-23T12:21:38+10:00May 23rd, 2022|Business, Tax, Uncategorised|

Tax planning is so important for business owners. By taking action before 30 June, business owners have the time and opportunity to implement a number of strategies to minimise tax and take advantage of any tax concessions available. The strategies to be implemented does depend on the circumstances of each business. This article explores

Tax Planning for Small Business Entities

Tax Planning for Small Business Entities

By Theresa Allery|2022-05-23T12:04:47+10:00May 23rd, 2022|Business, Companies, Tax, Uncategorised|

IS YOUR BUSINESS A “SMALL BUSINESS” ENTITY? Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small Business Entity”, the business must have: an aggregated turnover (your annual turnover plus the annual turnover of any business connected / affiliated with you) of less than $10 million; and