As we fast approach the end of the financial year, do you know if your trade business is eligible for the instant asset write off? Also, what other tax deductions are you entitled to claim to reduce your taxable income?
Changing accountants can seem like a daunting task and many people choose to stay comfortably uncomfortable, risking their financial security in the hope that things may eventually get better. But let’s, for a moment, consider your accountant similar to a doctor. Would you stay with the same doctor if they weren’t helping you get through the rough patches? If they couldn’t help you to stay or become healthy and fit? If your answer is no, then consider why would you stay with your current accountant if they are not helping you to stay or become financially healthy.