Income Splitting – New Rules from July 2021

Income Splitting – New Rules from July 2021

Are you interested in learning more about income splitting and how to minimise tax by apportioning income or profit between associated entities? Professional services firms frequently use income splitting – for example, medical, legal, financial or IT services firms....
Changes to Company Tax Rates – Less Tax?

Changes to Company Tax Rates – Less Tax?

Company tax rates are reducing for some businesses – is yours one of them? Tax planning now can help you plan ahead for your tax liability and create effective tax minimisation strategies. Get in contact to start your 2021 tax planning today. Some companies are...
How Much Can I Save with Tax Planning?

How Much Can I Save with Tax Planning?

How Much Can I Save with Tax Planning and Why It’s Important  The average person dreads tax time. Once your accountant has completed your financial statements and tax returns, you have to discuss the costs involved. An unexpected tax bill is no fun for anyone, and...
Should A Small Business Accountant Do Your Bookkeeping?

Should A Small Business Accountant Do Your Bookkeeping?

Should A Small Business Accountant Do Your Bookkeeping?  A small business relies heavily on accurate accounting and bookkeeping. The current climate is particularly tough, so it makes sense to look for more ways to reduce your operational costs and maximise your...
Tax Advice: Are you Prepared for FBT Year End?

Tax Advice: Are you Prepared for FBT Year End?

Are you prepared for the FBT year end?  The date marking Fringe Benefits Tax year end —abbreviated as FBT year end— is fast approaching. The date is 31 March 2021, and there are a number of things small business owners need to have in order before it arrives. If you...