It’s been an extraordinary end to the 2020 financial year with many businesses being forced into hibernation due to COVID-19.
The number one priority for most business owners right now is cash flow so tax planning has never been more important.
As accountants, we believe our client brief includes helping you minimise your tax liability within the framework of the Australian taxation system and the purpose of this GUIDE is to highlight some end of year tax planning opportunities. With June 30 fast approaching you need to act quickly, and we encourage you to schedule a meeting as soon as possible to assess your options and the steps you need to take well before the 30th June 2020.