Deadlines over - Year end planning in earnest
Noel May & Associates
Superannuation, Accountant, Tax
With the last real tax deadline of 15 May now behind us, and with everything lodged that could be, we now have the time needed to do the important year-end tax planning for our clients; accelerating expenditure, deferring income, reviewing stock obsolescence and valuation options, helping plan efficient stocktakes, re-assessing the remaining economic life of fixed assets, reviewing bad and doubtful debts and all the other tax saving measures are occupying our time in the wind down to 30 June. Superannuation planning is currently top of the list, with any agreed strategies needing to be enacted well before year end. Busy times.
, Business Advisor
, Management Assistance