Everyone likes end-of-year Christmas parties, but there’s no reason to rack-up a tax bill while celebrating. In the November Issue we list five tips to keep the fun tax-free.
And, while getting a property valuation is sometimes necessary, you need to make sure there are no negative tax outcomes. We explain how the use of valuations can affect your tax bill.
Like everyone, company directors have responsibilities, the potential problem for directors however, is that they can be held personally liable. We look at the responsibilities of company directors according to ASIC.
Also this month we examine; the circumstances that allow a deduction for the fees paid for training courses; the reality of bracket creep and tips to reduce the impact; and, the necessary steps you need to take when winding up your SMSF.
Read more on the topics covered here.
Please contact Port Phillip Group for clarification, or further advice, regarding any of the topics covered in this newsletter.