2024 end of financial year tax planning

2024 end of financial year tax planning

As the end of the 2024 financial year draws closer, now is the perfect time to start thinking about ways to potentially reduce your taxes and implementing year-end tax planning strategies. We have put together a list of items worthwhile considering and taking...
ATO debt on hold notices

ATO debt on hold notices

Please be aware the Australian Taxation Office can put a debt on hold if they determine it is uneconomical to pursue. This could be due to one of the following reasons: the age of the debt, the anticipated cost of future recovery is likely to exceed the amount of the...
Due diligence when purchasing a business

Due diligence when purchasing a business

When considering to buy a business, it is essential to conduct due diligence to thoroughly investigate all aspects of it before making a binding decision to buy. The due diligence process involves the buyer making sure that they are not making a risky or poor...
Record keeping for investment properties

Record keeping for investment properties

When you own an investment property, it is important to keep records of all associated costs and expenses for the whole duration that you own the property. Good record keeping will not only help with tax time but also important when you want to sell your investment...
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