Looking for a few tips over breakfast?
Come join Nicole on Wednesday 29th May.
Tax planning needs to happen now – 30th June is too late!
Don’t go making crazy purchases without reviewing where you are at, and speaking to your tax accountant. EOFY deals are great for salespeople trying to meet their commission targets, they might not really benefit you and your business.
You can’t make sensible last minute decisions without data.
Get your Xero file (or insert other software here) up to date, process everything still outstanding so you know exactly where you stand. There is not a lot of benefit spending more money, if you are already in a loss position. If you are in a surprise profit situation, it would be good to know before its too late to take action.
Take a look at:
– loans between you and your business (its not your money to play with!)
– wages – payroll tax thresholds and FBT
– contractors – are they employees for super/workers comp/payroll tax, are they reportable?
– super – are you planning to pay June quarter early?
– open sales invoices
– open purchases / bills
Reconcile Reconcile Reconcile before you Lodge Lodge Lodge
Speak to your experts before Financial New Years Eve!
And look at how to setup 2025 to be an even better year for your business!
Book your seat at the breakfast table here: https://events.humanitix.com/navigating-the-australian-tax-landscape
