Tax Tip of the day for tax returns.
For the year ended 30 June 2016
Negatively gearing a rental property (where rental tax deductions exceeds rental income) may result in a large refund. This refund is often used to help with cash flows, e.g. mortgage repayments. Some clients apply to the ATO for a variation of PAYG to reduce tax withheld on their wages to assist with their cash flows.
BRISBANE TAX ACCOUNTANTS
MORAYFIELD TAX ACCOUNTANTS
At David Douglas Accountants we specialise in tax return strategies. We will show you how to claim all the tax deductions that you are entitled to and maximize Family Tax Benefits.
For businesses we will evaluate the best business structure for you to lessen the burden with the use of trusts, companies and superannuation funds.
Take the compliance weight off your shoulders at David Douglas Accountants. Tax is our business.
TAX ACCOUNTANTS MORAYFIELD
We have clients from the following locations:
Brisbane, Gold Coast, Sydney, Newcastle, Sunshine Coast, Cairns, Canberra, Melbourne, Adelaide, Perth, Darwin.
Albion, New Farm, Teneriffe, Newstead, Windsor, Wilston, Bowen Hills, Wooloowin, Herston, Lutwyche, Hamilton, Eagle Farm, Gordon Park, Fortitude Valley, Clayfield, Ascot, Hendra.
Morayfield, Burpengary, Caboolture, Bellmere, Wamuran, Narangba, North Lakes, Mango Hill, Kallangur, Dakabin, Deception Bay, Bribie Island, Elimbah, Kippa-Ring.
We do tax returns for individuals, trusts, companies, partnerships, contractors, ABNs and
Liability limited by a scheme approved under Professional Standards legislation
Latest Tax Tips.