We hope the new financial year has started off well for you! Let’s get straight into this month’s tips.
Tip of the Month
Deviating from the usual practical guides we provide, I share a personal story about how Box Advisory Services was born. However, there was a lot more to it than simply wanting to start a business one day. This is a story about how hardships were turned into opportunities and how I had learned through previous experience to help me grow as an individual and a business owner. I hope some of you will get value from some of the lessons I had learned throughout this journey.
Single Touch Payroll
Time is ticking!
We’ve been getting a lot of feedback that people’s (old school) accountants are either too busy or care little to help their clients with setting up Single Touch Payroll before the 30 September deadline set by the ATO. If you need help with this, we’re currently offering a one-time fee to help your business get this up and running. If you’re interested, either reply to this email, give us a call or you can register your interest here.
Bucket Companies – A Tax-Saving Strategy
We recently wrote an in-depth guide on how you can use bucket companies as an effective tax minimisation strategy if you’re a business owner who is making great profit but paying a fortune in tax as a result of it. This isn’t necessarily for everyone, but worth a read in case you’re on the path to that level of growth.
Important Upcoming Dates
23 September: August Monthly BAS Due
30 September: Single Touch Payroll Deadline to Start Reporting
What’s Happening at Box AS
Our aim has always been to educate our clients as much as possible so that they can make informed decisions. This is the entire reason we’ve started the resources page chock-full of videos, eBooks and guides so that you can access this information for free at any time. I’d love to find out if there are any particular topics you’re wanting to see us produce. Hit reply and let me know!
As always, thank you so much for your support and hope you get some value from all of this.
Kind Regards,
Davie Mach CA, B. Comm (Accg & Tax)
Email: dmach@boxas.com.au
Website | Facebook | Instagram | Linkedin
