It's that time of year again; it's fast approaching the end of the financial year.
We've been busy compiling a list of the most frequent tax planning questions we're receiving from clients in the healthcare industry, and we'd like to share them with you.
It's essential to look at your pre-year-end tax planning to see your business's financial position and tax payable.
If you haven't done any planning as you've gone through the year, this is your last opportunity to minimise your tax.
Remember, if you don't plan, you'll get into all sorts of trouble.
AffluenceCA tax planning tips for Doctors, Dentists and health professionals cover these important areas:
Review your stock levels
Review your Payables
Service Entities (Click here to find out more about service agreements)
Make sure you engage with your accountant or adviser to ensure you've got the best planning and are taking all the action you need to.