Melbourne businesses may not be too keen on welcoming June. After all, the last day of which is also the end of the country’s financial year. It’s the time of the year when business owners are busy implementing their last minute tax planning strategies. Well, this shouldn’t be too complicated if you got your priorities right. And if you have a reliable Melbourne accountant in your payroll, he or she should have it all prepared by now. If you don’t have one employed full-time, a small accounting firm in Melbourne can do the job just fine.
For business owners who are looking for ways to lower their taxes, here are simple tax minimisation strategies that can result to huge savings:
These are just some techniques you are allowed to use that can drastically slash your tax liabilities. But again, experts need to be consulted to make sure you are not exceeding limits and claiming more than what you are qualified to.