Now is the time to get your business affairs in order. This year’s federal budget has brought a number of changes to tax and superannuation which businesses and individuals should take note.
Click on our infographic that addresses what needs to be taken care of before 30 June. It also includes helpful planning suggestions for the remainder of the year. The image addresses:
  • Super contributionsEOFY Graphic
  • SMSF borrowings
  • Trust distributions
  • FBT
  • Super/ retirement planning
  • Small business concession changes
  • Currency review
  • Risk review

What action needs to be taken?

With the announcement of the federal government looking to seek $1 billion per year in new revenue from tax audit activity, it would be wise not to delay your business planning.

For more information, please contact Murray Howlett from our tax team on (07) 3023 1300.