Should I be getting special advice from my accountant this financial year?

This financial year, more than any other, due to the effects and legislative changes caused by the pandemic, it’s important that you speak with your accountant, who can provide you with so much more business support than simply compliance.

Indeed, the ATO’s top tax tips this tax time are:

1. Get advice from a trusted professional
2. Keep an eye on cashflow
3. Maintain good digital records – which must be in English or easily translatable.

TaxAssist Accountants offers a wide range of services including help with business strategy, cashflow, budgeting and forward planning.

Many businesses haven’t accessed this level of assistance before, perhaps because they think they're too small, that they don't need help, or that they can't afford it.

Here at TaxAssist Accountants, we offer free initial consultations, and we are happy to run through what we provide and how we can help.

If you are interested in learning more, please give us a call on 1300 513332 or use our simple online enquiry form.

Date published 21 Jul 2021

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.