Sometimes, essential tax records are missing or even destroyed. But all is not lost, as there is a “plan B” that can be put into affect, so we run through the options to help your tax outcome.
The investment strategy of any SMSF is not “set-and-forget”, and if not re-visited from time to time, could create problems with the ATO. We look at the essentials. We also touch on how a small business can make an immediate deduction for low cost assets, and with Christmas party plans most likely imminent, we provide you with three wise FBT tips.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.
Newsletter – November-2019