At McCarthy Accountants we use this time of year to not only comply with the ATO but also to assess how you’re progressing financially.
All of us are accustomed to lodging our tax returns on an annual basis. It’s generally something we categorise as “having” to do, not “wanting” to do. At McCarthy Accountants we use this time of year to not only comply with the ATO but also to assess how you’re progressing financially. Think of it as an annual health check with your doctor. Have you been following your MyMoneyMap program?
What challenges or opportunities are likely to present themselves in the year ahead? Are adjustments to your strategy required? It’s a lot more than just recording your earnings for the year and making sure that you’ve paid an appropriate level of taxation to the ATO.
We do pride ourselves on making sure that you’re only paying the amount of taxation that you’re required to pay. No more, no less. Our clients look to us for ways to legally minimise the amount of tax paid and this is a focus when it comes time for lodgement. More importantly we will give you advice on how the amount of tax can be minimised in the future if the appropriate steps are taken.