Travel to See Your Accountant

Travel to See Your Accountant

With Tax Time now here, did you know that you can deduct the cost of travel to see your accountant? This is good news! A recently released tax determination spells out the circumstances where a taxpayer can make a claim for the costs of travel they incur where the...
Tax Planning – Time For Your Trust Resolutions

Tax Planning – Time For Your Trust Resolutions

With the 2017 Financial Year coming to an end we want you to be aware that if you use a trust, you need to complete your trust distribution resolutions before 30 June. Why? To avoid paying extra tax of up to 49% of Trust profits. Trustees who distribute income of a...
Budget Breakdown 2017

Budget Breakdown 2017

The Federal Budget has been released and Team #PTAandM have completed out Budget Breakdown on some of the key points and features of this year’s announcement. Unlike recent years where there have been many initiatives dealing with Small Business and...
Tax Planning – Why you should do it!

Tax Planning – Why you should do it!

Tax planning season for 2017 is well underway and Team #PTAandM have already saved our clients thousands of dollars in tax by taking decisive action now. 30 June will be here before we know it. Let us help you get the most out of the upcoming months. Too often, we end...