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Tips to avoid paying too little — or too much — tax

Adam Zuchetti
Adam Zuchetti
19 June 2019 1 minute readShare
Alexander Laureti, LMS Advis

Businesses all too often fall afoul of the ATO for deductions they try and push through. But others wind up paying more tax than they need to, accountant Alexander Laureti explains.

 

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And given this end of financial year involves some major one-off changes, the odds of getting things wrong are high.

Alexander Laureti, of LMS Advisory, joins My Business editor Adam Zuchetti to give an accountant’s view on some of the key points impacting SMEs as we enter FY20, including:

 

  • How businesses can legitimately lower their tax bill
  • Where ATO investigators focus their scrutiny
  • Impending changes in the new financial year

 

 

Tips to avoid paying too little — or too much — tax
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Adam Zuchetti
Adam Zuchetti

Adam Zuchetti is the former editor of MyBusiness and a senior freelance media professional, specialising in the fields of business, personal finance and property. In 2020, he also embarked on his own business journey – inspired in part by the entrepreneurs and founders he had met through his journalistic work – with the launch of customised pet gifting and subscription service Paws N’ All.

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