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Tax planning will be vital for all individuals and businesses alike this financial year. Why is this? Because your tax return this year will likely be very different (income & expenses) to what it has been in the past.
The current economy is very 2-speed. There are a lot of people struggling with loss of earnings, but on the same hand there are a lot of people who have maintained their earnings, and in some cases actually seen an increase in demand.
You will need to understand how COVID-19 restrictions and shutdowns will impact your personal situation, and our Accountants at AGS are perfectly positioned to guide you to a position that you can take any steps before the end of the financial year.
To request a call back or a meeting – please click the relevant option in the email you have received and an AGS accountant will be in touch to discuss your circumstances.
Some questions you should be asking yourself are outlined below:
AGS Financial Group Pty Ltd, ABN 70 093 990 946, trading as AGS Financial Group, are authorised representatives of AMP Financial Planning Pty Limited ABN 89 051 208 327 (Australian Financial Services Licence No. 232706). Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. AGS Accounting Pty Ltd is a member of Chartered Accountants Australia & New Zealand. Liability limited by a scheme approved under Professional Standards Legislation. Any advice on this page is general in nature and does not take into account your personal objectives, financial situation or needs. Accordingly, you should consider the product disclosure statement for any product and your own objectives, financial situation and needs before acting on this information and before acquiring a financial product. You can obtain a copy by contacting us on 02 9966 8188.
Financial planning, corporate benefits and mortgage services are provided by AGS Financial Group Pty Ltd ABN 70 093 990 946, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP), AFS Licence No 232706. Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. AGS Accounting Pty Ltd is a member of Chartered Accountants Australia & New Zealand. Liability limited by a scheme approved under Professional Standards Legislation.