TAX REFORM ANALYSIS: IS YOUR BUSINESS IMPACTED?
Written on the 1 February 2011
June always means ‘tax time’ for Brisbane SMEs, but end of FY10 has a different flavour about it. Accountants may be bracing for their busiest period but with no major changes to the same yearly taxation processes, Brisbane’s business owners are looking forward at how the proposed Federal Government tax reforms will affect them come next year and beyond.
“Holistic is an easy word to throw around but the truth is that accountants are looking back at last year’s figures and financial planners are looking way into the future – what SMEs are looking for now in business advisers is the ability to take all these factors and work forward towards extracting from your business what you want to extract.”