It’s time for Tax Planning for FY 2020 !
We know that two significant things happened in FY20 that should impact the tax outcomes for all our clients.
- Bushfires having huge ramifications across Australia and
- Covid19 bringing the whole world to a complete lockdown
The Federal and State Governments have provided various relief measures to support businesses and individuals during these unprecedented developments which might have impact on the tax outcomes.
To support you through this tax planning season, we prepared a Tax Planning Tool. This Tool includes the Bushfire and COVID-19 relief measures in separate work sheets for ready reference and use. It should help you in the following tax planning areas.
- P&L Projection
- Tax Estimate – Entity
- Tax Estimate – Individual
- Group Tax Summary
- COVID-19 Relief Package – Individuals
- COVID-19 Relief Package – Business
- Relief Measures – Bushfire
Also included is a guide to Tax Planning and COVID-19 relief measures in Australia.
Please provide your email address below andCarisma_Tax_Planning_Workbook we will send you a copy of the following
1. Carisma’s Tax planning template
2. TAX PLANNING GUIDE
3. COVID-19 relief measures
We hope this tool is handy for tax planning exercise.Our accountants will be happy to assist you with Tax planning exercise using this tool.Please give your feedback and feel free to get in touch us if you need more information.
Stay safe!
