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Hustle ... Self-determination to go out there and work it out until you made it.

TAX 2023 - Year end tax implications

There are a number of issues that need to be considered when preparing year end financial statements.


The time and treatment of certain expense items can have tax implication, and in some cases the accounting treatments applied can result in tax efficiencies.


Typically accountants in conjunction with the business owners, need to consider the treatment of certain expenditure in particular whether it can be bought forward into the current period. The general rule is that business expenditure is deductible in the tax year that is incurred.


For more information click here.





Other articles in this Issue of Trialbalance :


Interest pitfalls if you had a big year

Borrowing money for your company

Increase your chances of getting the right staff

Build to rent asset class proposed

Rules change again on tax payment dates

Developing an employee career path - and why it's good for business

Keeping business records for seven years

Flu vaccine vouchers and FBT

Land purchase - when not to claim GST 2201

Refinancing a partnership

Six things your business needs to do now

Foreign exchange rates

Tax calendar








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