Businesses and Individuals should be reviewing their affairs to ensure the best possible tax outcome for the 2020 financial year.

9 areas to consider:

1.    Reducing assessable income.  https://bit.ly/2X1M9zO

2.    Increasing your deductions or tax offsets.  https://bit.ly/2WRfw2M

3.    Diverting Income.  https://bit.ly/2IscKNg

4.    Selecting an appropriate tax vehicle.  https://bit.ly/2XxXRSd

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

6.    Moving money into lower tax structures, i.e., Superannuation Funds  https://bit.ly/2WWQYu6

7.    Reviewing your asset register; https://bit.ly/2ZzKhLg

8.    Reviewing your stock ledger; https://bit.ly/2ZzKhLg

9.    Reviewing your debtors ledger for bad debts. https://bit.ly/2ZzKhLg

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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