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Services
Business Advisory
Bookkeeping
Software Consultancy
Financial Planning
Retirement Planning
Taxation & Compliance
Management Reporting & Analysis
Budgeting & Cash-flow Forecasting
Strategic Planning
Structuring
Benchmarking
Business Start-Up Advice
Selling a Business
Purchasing a Business
Valuations
Bookkeeping Services
Payroll Services
Investment Advice
Self-managed Superannuation Fund
Estate & Succession Planning
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Frequently Asked Questions
What do you recommend for minimising tax as part of a succession plan?
There will likely be Capital Gains Tax and Goods & Services Tax consequences and it can become complicated. The ATO advises that to reduce the risk of incorrect tax treatment and consequent penalties, make sure your plans are documented and you seek advice from professional advisers where needed.
Can I claim for work-related expenses?
To claim a work-related deduction, you must have spent the money yourself and weren't reimbursed by your employer, it must directly relate to earning your income, and you must have a record to prove it. If the expense was for both work and private purposes, you can only claim a deduction for the work-related portion. Work expenses reimbursed to you by your employer are not deductible.
Hillier's Advisors