The Essential 30 June Guide For You Opportunities The end of the financial year is coming soon. Here are ways to get ready for the 1 July 2024 tax cuts: Prepay your deductible expenses for this year. Make any deductible super contributions. Plan any donations to take advantage of the higher tax rate. Boosting Super … Read more
Lacey
Clayton Wood
Clayton has run Business Edge Advisors since 2013. The practice has been on the border since 1988, and he took it over with the same idea it started with: a business owner should be able to ring their accountant and get a straight answer.
Most of his week goes on trade and small business owners around Albury and Wodonga, working through the things that actually decide whether a year went well. What structure to be in, what to do before 30 June, and whether the numbers on the screen mean what the owner thinks they mean. He writes here about the questions that come up most often, in the same words he would use across the desk.
Registered Tax Agent 20651000. Level 1, 561 Olive Street, Albury NSW 2640.
What he writes about
- Tax, which is mostly what you can claim, what gets knocked back, and what changed this year.
- Xero and bookkeeping, for owners who would rather the software did the work.
- Business planning, being the part that happens before the numbers are already bad.
- Individual returns, because a lot of business clients started as a personal return.