Tax planning is now more important than it has ever been before due to following reasons:
◉ To be aware of your likely income and taxation position for the year
◉ To budget for the payment of tax liabilities
◉ What strategies are available to legitimately reduce your taxation exposure?
◉ How will this affect your planning for the next 12 months?
It’s no fun being hit with a higher tax bill than what you expected at the end of the year!
The end of the financial year is approaching quickly so, NOW is the time to discuss what actions you can take before 30 June 2021 to reduce your tax.
Get in touch with Bibek Nepal, CPA to discuss your situation and how we can help you to plan and minimise your tax.