Tax Planning 2021
May is our tax planning month!
To assist you, we ask that your accounting records be reconciled up to 31st April 2021.
We also ask you to think about what income your business may derive before the end of the financial year.
Our team will be in contact with you to book a time in the third week of May to talk about strategies that may assist you this year.
Time to think about planning !
In doing so, we ask that you think about:
- Any Circumstances that may impact your income this year
- The ability to contribute super contributions before June 2021
- If you wish to purchase any equipment before June
- Any beneficiaries of extraordinary circumstances that may impact on assisting you
We are waiting to see what the Federal Government will announce in the May Budget as this may impact our advice!
In the meantime, please contact us if you wish to discuss the above
Best wishes, Geoff and the team.