Tax Checklist

CoggerGurry • June 11, 2024

With the end of the financial year fast approaching, have you completed all transactions necessary to ensure full compliance with your tax needs. 


  • If you have a Self-Managed Superannuation Fund (SMSF) please ensure that any contributions and rent are made, and you have withdrawn your minimum pension. If you need assistance with this or are unsure, please contact our office as soon as possible.

 

  • If you want to make any withdrawals or deposits to your FMD’s, please ensure this has been completed prior to the end of the financial year. 

 

  • Any personal super contributions need to be made at least by Friday the 21st of June to ensure that it is received by the fund by 30 June 2024 to qualify for an income tax deduction in the 2023/24 income year.


  • If you have a trust make sure you have actioned your trust resolutions to determine the distribution of income.


  • If you pay staff and want to claim a tax deduction for SGC super paid for your employees before 30 June, it must be paid to the fund prior to the superstream cut off date.



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