It is never too early to focus on your tax planning in order to minimise tax, reduce risk and be prepared financially.
Effective tax planning is something that should be considered year round and making it a priority can result in you paying less tax liability. Preparing and updating a forecast of income and outgoings can also help you and your business identify times when money may be short and plan accordingly.
The latest Self Managed Superannuation update from Bush & Campbell, including: Extension of time for SMSF tax lodgement, Re-Cap of contributions for the 2018 Financial Year, Reminder to pay pensions before 30 June 2018 and more.
We invite enthusiastic and highly motivated Senior Tax Accountants with advanced technical skills and a talent for being presented with a problem and being able to arrive at ‘value added’ answers for any client needs, to join our team. You will be dealing with a broad range of business entities in a variety of industries.
The ATO has published a Practical Compliance Guideline PCG 2017/13 for those who used a 7-year sub-trust arrangement to deal with unpaid present entitlements (UPE) owed by a family trust to a related entity.
Yes the silly season is almost upon us and while Christmas parties provide you with an opportunity to celebrate the year’s achievements with your staff, it’s also not called the silly season without a reason.
With SMSF members still working through the wide-reaching and complex superannuation changes of the last Budget which take effect from 1 July 2017, this Budget’s minimal changes with regard to superannuation comes as good news.