EOFY Archives - Salisbury Accountants

EOFY and the tax time countdown

June 15, 2022/in Tax Planning /by Salisbury Accountants & Business Advisors

End of financial year calendar and the countdown to tax time — FY22

A lot of things need to happen between the end of financial year (EOFY) and tax time. Here are the dates and deadlines to keep in mind when getting tax ready.

Key dates in June

30 […]

Reviewing business performance

December 6, 2021/in Business Advice /by Salisbury Accountants & Business Advisors

Why just reviewing top-line financial half-yearly performance is no longer enough

In our new business world, annual reporting is becoming redundant because, by the time annual results are consolidated and produced, the data is already obsolete and the market has moved on.

In the changing commercial landscape, delaying indepth business reviews until the end of […]

Financial year-end preparation

June 3, 2021/in Tax Planning /by Salisbury Accountants & Business Advisors

What’s changed and what’s new?

It has been a year of recovery for Australian businesses, with the country achieving some of the best economic outcomes in the world.

While there have been disruptions, there have also been additional allowances and tax changes designed to assist businesses.

Stay on top of your obligations with this helpful […]

Key FY21 changes to note from 1 July

June 29, 2020/in Tax Planning /by Salisbury Accountants & Business Advisors

Business tax changes for a new financial year

NO TAX DEDUCTIONS IF YOU DON’T MEET YOUR TAX OBLIGATIONS

From 1 July 2019, if taxpayers don’t meet their PAYG withholding and reporting obligations to the ATO, they will not be able to claim a tax deduction for payments:

of salary, wages, commissions, bonuses or allowances to […]

Salisburys tax planning reminder

June 4, 2020/in Tax Planning /by Salisbury Accountants & Business Advisors

Reduce your tax

With the end of financial year just weeks away, there is still time to discuss with us the actions you can take before 30 June to reduce tax and access additional cash flow.

“In the business world, the rear view mirror is always clearer than the windshield” – Warren Buffett

It’s the […]

2020 Tax planning

April 14, 2020/in Tax Planning /by Salisbury Accountants & Business Advisors

Reduce your 2020 tax

With the end of financial year approaching quickly, now is the time to discuss with us the actions you can take before 30 June 2020 to reduce your tax and access additional cash flow.

For 2020, key priorities are likely to include:

Maximise Federal and State Government Stimulus Payments Deferring […]

Important End of Financial Year Actions for You

June 28, 2019/in Business Advice /by Salisbury Accountants & Business Advisors

EOFY reminders – annual tax returns

Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and after 30 June.

Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. We have […]

Tax planning tactics for individuals

June 24, 2019/in Accounting /by Salisbury Accountants & Business Advisors

EOFY last-minute tax planning tactics for individuals

This financial year is almost over, but there are still tactics you may be able to employ to make sure you pay the right amount of tax for the 2018-19 year.

While the best strategies are adopted in July (that is, as early as possible in a financial […]

Posts

End of financial year calendar and the countdown to tax time — FY22

A lot of things need to happen between the end of financial year (EOFY) and tax time. Here are the dates and deadlines to keep in mind when getting tax ready.

Why just reviewing top-line financial half-yearly performance is no longer enough

In our new business world, annual reporting is becoming redundant because, by the time annual results are consolidated and produced, the data is already obsolete and the market has moved on.

What’s changed and what’s new?

It has been a year of recovery for Australian businesses, with the country achieving some of the best economic outcomes in the world.

NO TAX DEDUCTIONS IF YOU DON’T MEET YOUR TAX OBLIGATIONS

With the end of financial year just weeks away, there is still time to discuss with us the actions you can take before 30 June to reduce tax and access additional cash flow.

With the end of financial year approaching quickly, now is the time to discuss with us the actions you can take before 30 June 2020 to reduce your tax and access additional cash flow.

Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and after 30 June.

This financial year is almost over, but there are still tactics you may be able to employ to make sure you pay the right amount of tax for the 2018-19 year.