The End Of Financial Year is approaching, and there are certain actions you can take to legitimately minimise tax for the year, so long as this occurs before June 30th. Preparing a preliminary assessment of your taxable income for the year to date can very helpful, so as to find problems before they arise.
Tax Minimisation Strategies exist that allow most general taxpayers to minimise their liability for the current year, under certain conditions.
The Benefits of following these strategies can permanently eliminate or reduce the amount of tax payable or delay the need to pay tax until the end of next financial year.
Businesses Should Consider following some strategies of their own to minimise liability.See Your Year End Tax Talk Tax Checklist Here