The Australian Taxation Office (ATO) allows you to arrange your financial affairs to keep your tax to a minimum. This is commonly known as tax planning.
This introductory workshop will explain the rules around tax planning so you can maximise your return and/or discuss strategies you may wish to implement with your accountant.
Having an up-to-date copy of your business accounts on hand for this session will be of benefit.
Please note: the information provided in this workshop is general in nature. The SBDC recommends that you speak to your accountant or tax professional before implementing any of the strategies discussed.
This topic covers:
Understanding tax planning rules and how they can benefit you
Determining if you should you lodge early or on the last day
How to ‘optimise’ the amount of tax you pay
Determining whether you should purchase new business assets
Super contributions and your tax
Determining how to pay yourself as a business owner
How to manage bad debt
Analysing if you should prepay expenses
Please note: this event is run by the Small Business Development Corporation and the City of Kwinana for small business owners in the following suburbs: Anketell, Bertram, Calista, Casuarina, Hope Valley, Kwinana Beach, Kwinana Town Centre, Leda, Mandogalup, Medina, Naval Base, Orelia, Parmelia, the Spectacles, Wandi and Wellard.
Business Meet-Up: EOFY Celebration Lunch
Join us straight after the workshop from 12:00pm for a special End of Financial Year Celebration Lunch, a relaxed and social extension of our June Business Meet-Up. It’s the perfect chance to reflect on your wins, connect with other local business owners, and celebrate everything you’ve achieved over the past year. Catering provided – Let us know when you book if you have any dietary requirements!
Separate booking required - click here to RSVP!