Businesses and Individuals should be reviewing their affairs to ensure the best possible tax outcome for the 2021 financial year.

9 areas to consider:

1.    Reducing assessable income; https://bit.ly/3uk1gkb

2.    Increasing your deductions or tax offsets; https://bit.ly/39Jw1am

3.    Diverting Income; https://bit.ly/3dz4bif 

4.    Selecting an appropriate tax vehicle.  

5.    Deferring capital gains events; https://bit.ly/2OmqIWN 

6.    Moving money into lower tax structures, i.e., Superannuation Funds; https://bit.ly/39KUoEv 

7.    Reviewing your asset register; https://bit.ly/39KnOCF

8.    Reviewing your stock ledger;  https://bit.ly/39KnOCF

9.    Reviewing your debtors ledger for bad debts. https://bit.ly/39KnOCF

If you would like to discuss further please contact us:
McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

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