If the following events have occurred in your business this financial year, or you‘re anticipating similar changes, you need to address potential tax implications immediately.
Has your business:
- made asset purchases?
- undertaken restructuring or are you considering changes?
- made changes to its ownership?
- expectations of a higher than normal taxable income?
- started up any new businesses under a different entity?
There are many options available to business owners to legitimately minimise personal tax depending on individual circumstances.
You may also be able to use small business tax incentives and why not contact us so we can change whether this may apply to your business.