Tax Planning

We’re now into year four post GFC and still seeing the effects on Business. This coupled with the Tax Office’s increased audit activity and improved data matching capabilities to ensure we’ve crossed our t’s and dotted our i’s so to speak, leaves no room for error when it comes to monitoring our business and planning.

At McKern & Associates we are focused on working with you to prepare a plan and budget so you have certainty. Reviewing your figures prior to 30 June will allow us to ensure that you have every opportunity available to you with respect to Tax and Cash Flow Planning. We recommend you contact your Client Manager for appropriate customised advice.

Key Dates between now and the end of June include:
21 May 2012:    April 2012 Monthly Activity Statements due for lodgement and payment
26 May 2012:    March 2012 Quarterly Activity Statements due for lodgement and payment (lodged via Tax Agents)
28 May 2012:    Fringe Benefits Tax Returns due for lodgement and payment
21 June 2012:   April 2012 Monthly Activity Statements due for lodgement and payment
30 June 2012:   Super contributions must be received by the Fund to qualify for a tax deduction in the 2012 financial year