by Krystal Taylor | May 4, 2017 | Uncategorized
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” Thomas A. Edison
by Krystal Taylor | May 4, 2017 | Uncategorized
What can you do to reduce your tax and the tax paid by your business? The answer is quite a bit but it takes planning pre 30 June. Here are our top tips: Timing is everything Accelerate deductions For businesses, if your cashflow is good, make the purchases you need...
by Krystal Taylor | May 4, 2017 | Uncategorized
The Australian Taxation Office (ATO) is on the warpath over work related travel expenses and is prepared to test the boundaries of claims in court. A recent case before the Administrative Appeals Tribunal (AAT) highlights many of the issues that commonly occur. In...
by Krystal Taylor | May 4, 2017 | Uncategorized
Trustees (or directors of a trustee company) need to decide on the distributions they plan to make by 30 June 2017 at the latest. It’s also important to check your trust deed – most trust deeds require resolutions to distribute trust income to be made by 30 June each...
by Krystal Taylor | May 4, 2017 | Uncategorized
The tax rate reductions for business and changes to the small business threshold were announced in the last Federal Budget but have been stuck in the Senate with concerns that it was merely a ‘sugar hit’ for the top end of town. However, a last minute deal between the...
