Planning Season Upon Us
Easter and the end of March is looming, and that means we enter the final quarter of the 2016 income tax year. This is the time when businesses and investors should be reviewing how things are travelling for the year and considering any strategies to optimise performance and/or reduce tax.
At Affinitas we’re about more than just doing tax returns, we’re about having relationships with clients. Therefore we would like to extend a warm congratulations to one of our clients, Scott Goddard – Owner of Rrepp, who has recently started supplying ‘The School Locker’, a division of Harvey Norman, with high quality soccer and netball’s.
For many business owners, especially those in their 50s, their major asset for retirement purposes is the potential sale of their enterprise.
Planning for this eventuality needs to start early – there are many things to plan and consider regarding tax and your business and investment structures.