Expenses Archives - MartinCo https://www.martinco.com.au Chartered Accountants & Financial Advisers Mon, 29 May 2017 05:39:59 +0000 en-AU hourly 1 https://wordpress.org/?v=6.0 Tax Planning: Bring Forward Expenses https://www.martinco.com.au/tax-planning-bring-forward-expenses/ https://www.martinco.com.au/tax-planning-bring-forward-expenses/#respond Thu, 01 Jun 2017 00:32:28 +0000 https://www.martinco.com.au/?p=2217 The end of the 2016/17 financial year is almost here, so now's the time to look at Bringing Forward Expenses to minimise your tax.

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The end of the 2016/17 financial year is almost here, so now’s the time to look at Bringing Forward Expenses to minimise your tax.

Purchase consumable items BEFORE 30 June 2017. These include stationery, printing, office and computer supplies.

This could also involve bringing forward deductible expenses such as repairs and maintenance into the current year or prepaying monthly costs such as rent, electricity, insurance, rates, wages and utilities etc. Other deductible expenses may include running and occupancy costs associated with operating a home office.

Contact us TODAY before the June 30 deadline for assistance to reduce your tax!

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