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Tax Return
Many of our business clients like to review their tax position at the end of the income year and evaluate any year-end strategies that may be available to legitimately reduce their tax.   Traditionally, year-end tax planning for small businesses is based around two simple concepts (i.e., Accelerating business deductions and deferring income).  This year, consideration…
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Tax saving strategies prior to 1 July 2020 A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable income in the current year.  Despite this, for the 2020 tax season, tax planning may require consideration of an individual’s potentially reduced…
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