Posts Tagged ‘tax advice’
How to help your child with their first tax return
First tax return for your children Have you got taxation block? Especially when this is one of your children’s first tax return. Tax time and as parents we’ve done our ATO taxation return for years and no longer need to think about what is required of us. Tax returns for us has become automatic. Are…
Read MoreHow To Prepare For A Comfortable Retirement
Have you planned for succession and/or retirement? For many individuals and business owners, the idea of retiring seems too far way to be deemed important. It’s something that can be dealt with later. If not, then the proceeds of the business should see them through. The reality is that life is ever changing and an…
Read More8 Reasons For An ATO Tax Audit
Recently the Australian Taxation Office (ATO) has recorded an all-time high for tax audits with the main focus being businesses turning over $1-$3 million dollars. Their ability to cross reference tax information declared against Workcover, Centrelink, Department of Transport, superannuation funds, banks and other financial institutions has increased in leaps and bounds. Tax Audit |…
Read MorePreparing For End Of Year Tax Planning
What last minute Tax planning can you do? Your best plan is to start your tax planning at the beginning of the year. Finding deductions and limiting income is a minor part of tax planning. Good structure and strategies will set you up for the long term tax advantages with the bonus of Asset protection.…
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