Prepare Your Business For What Lies Ahead
Welcome to our June newsletter, we are almost at the end of the financial year and halfway through the calendar year and what a year it has been so far, the last 3 months have seen unprecedented anarchy and financial disruption. We hope you and your families have remained safe and well. Unfortunately, the impact of Covid 19 has been and continues to be, highly disruptive for many businesses. Thankfully, there is improvement in sight, with the easing of the various restrictions accelerating. On the 17th of June we will be hosting an online event looking at what you could be doing right now to prepare your business for what lies ahead and to make your business more robust and agile for the new financial year ahead.
The same online event will also include some essential tax planning tips and actions you must, should or (if possible), could do before 30 June.
Whilst we normally enjoy meeting with you at our events, one positive of Covid 19 is that we are trialling an online event and a different time slot for the tax planning event and believe we can reach out to more people this way and provide proactive tax planning advice. See below for registration details and do not procrastinate, as 30 June is only a few weeks away.
Obviously with EOFY so close, we have focussed our articles on tax planning and EOFY actions required, please do make use of the checklist included.
Since launching our revised Monthly Service Program a few months ago the take-up has been amazing. The benefits to both you and us of doing monthly processing and the removal of all those frustrations from the end of year tax return processing has been very well received, read more below.
Business Success in the New Post Pandemic World & Essential Tax Planning Tips for EOFY 2020
When: 17th June 2020, 12.30pm – 1.30pm
Are you prepared for the End of Financial Year to maximise your deductions?
Have you planned how to make your business better than it was and more “bulletproof” post pandemic?
Join us for our complimentary lunch & learn event, where we will be discussing the essential things you need to be doing now for both pre 30 June and post pandemic.
We’ll be sharing insights into essential tax planning strategies you can implement before 30th June to set you up for the new year ahead, including capitalising on opportunities that may be available and tips on how to pivot and adapt. We’ll look at how to position you and your business for success in the highly competitive market that will exist as we move into the new financial year.
REGISTER HERE today!
Tax Planning – Why do I need it?
The term tax planning gets mentioned a lot, especially as we approach the new financial year. Read our blog here where we explain what it is and why we need to do it.
If you haven’t aleady be sure to register for our online event where we will be sharing insights into essential tax planning strategies you can implement before 30th June to set you up for the new year ahead.
5 New Financial Year Resolutions for your Business
With the new financial year fast approaching it is important to plan ahead. We have put together out top 5 things to complete before the end of financial year. If you have any questions about planning for the future or on any of the points mentioned be sure to get in touch. Read full blog here
Sick of all the paperwork at tax time?
With the new financial year fast approaching now is the perfect time to benefit from one of for our Monthly Service Programs (MSPs). We can help you improve your business and remove the stress associated with end-of-year accounting. Through our monthly servicing program we help improve provide effective management reporting, influence effective cashflow and ensure there are no year-end surprises. Read about the many benefits here.
Let’s Get You and Your Business Ready for the EOFY
In case you missed it last month! We have put together some helpful reminders and highlights to help you in preparation for this end of financial year. Make sure you take advantage of our complimentary Pre and Post 30 June checklists available for you to download. Click here
Advivo’s Charity of the Month!
Advivo’s commitment to the community includes our monthly charitable donation! Last month we donated to This Is A Conversation Starter who provide early intervention and mental heath education, helping individuals to understand their own mental health and equip them with the tools to practice mental wellness and be the best versions of themselves.
This month Advivo will be donating to our friend and CEO of Multicultural Australia Bill Gamick, who is participation in the Vinnies CEO Sleepout to help break the devastating cycle of homelessness
Don’t forget if you would like us to include a charity of your choice, just drop us a line at firstname.lastname@example.org.
Key Events / Dates:
- 17 June – Advivo ‘Business Success in the New Post Pandemic World & Essential Tax Planning Tips’ online event
- 21 June – May monthly activity statements – final date for lodgment and payment.
- 25 June – In response to COVID-19, the due date to lodge and pay the 2020 Fringe benefits tax return is deferred from 21 May 2020 to 25 June 2020.
- 30 June – End of financial year