Tax Planning: Trust Distribution Resolutions
Urgent for Trusts: Avoid extra tax with a Trust Distribution Resolution before 30 June 2024 All Trust Distribution Resolutions need to be completed before 30 June to avoid paying extra tax of up to 47% of Trust profits. If a Trustee of a Trust fails to make a resolution to distribute the income of the […]
Webinar Video: The Top 5 Ways to Reduce Tax with Super
Wilson Pateras conducted a live Webinar outlining the Top 5 Ways to Reduce Tax with Superannuation. Nicholas Pateras (Director of Wilson Pateras) was joined by fellow Wilson SMSF Specialist Nilay Shah (SMSF Manager at Wilson Pateras) in this concise and information presentation. In 30 minutes, Nicholas Pateras and Nilay Shah went through all the essential […]
Webinar Video: The Top 10 Tax Planning Tips for 2021
Wilson Pateras are excited to share with you our live Webinar outlining the Top 10 Tips for Tax Planning Season. Nicholas Pateras (Director of Wilson Pateras) was joined by fellow Wilson Pateras Accountants Mark Forte (Principal at Wilson Pateras) & Leanne Trask (Manager at Wilson Pateras) in this concise and informative presentation. In 30 minutes, these panellists went through all the essential […]
A Guide To Minimising Your Business Tax (2020)
Edit: This blog post is updated on 17 March 2020 Looking to minimise your business tax? Here’s a guide to the strategies you can use. Tax minimisation for small businesses Is Your Business A ‘Small Business” Entity? Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small Business […]
Tax Planning 2019 – Minimising Your Tax
With the end of financial year (EOFY) approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June to reduce your tax and grow your wealth. For 2019, key priorities are likely to be: Maximising superannuation contributions without exceeding the relevant caps Bringing forward deductible expenses Deferring taxable […]
Common Tax Mistakes Made by Small Businesses
Managing tax is a pain for all small businesses and the self-employed. You want to be out there, earning yourself an income. Instead, you need to spend time figuring out expenses and revenues, completing BAS forms, and whatever other paperwork is thrown your way. It’s important to get your tax under control, so you can […]
Keeping Up With Your Accountant
Many business owners feel uncertain about when to engage with their accountant – and how often they should do so! Should they reach out when they’ve a question – or check in every quarter? Rather than giving their accountant a call, some entrepreneurs attempt to tackle their accounting responsibilities without assistance in an effort to […]
