June 2024 | VOLUME 191
KSW Newsletter for Clients and Associates of Kreston Stanley Williamson
Not in Business? What Tax Planning Should You Be Doing Prior to 30 June?
Are you an individual looking to maximise your tax savings as the financial year draws to a close? With 30 June fast approaching, now is the perfect time to review your financial situation and consider any necessary actions such as implementing strategic tax planning measures. To assist you, we have curated a list of essential reminders and tips. Continue reading to ensure you are well-prepared.
Don’t Forget to Double-Check Your Minimum Pensions Before EOFY
With the financial year-end approaching, it is essential to review your Account Based Pension (ABP) obligations. Ensure you meet minimum pension requirements and understand payment methods to avoid compliance issues. Read more to manage your ABP effectively.
ASIC Releases Alert to the Public: Beware of Fraudulent Use of ASIC Branding on Social Media
The Australian Securities and Investments Commission (ASIC) has released a public alert regarding scams that misuse its branding on social media platforms. These fraudulent schemes often promote fake investment opportunities and impersonate ASIC representatives, potentially leading to financial losses for unsuspecting individuals. Learn effective ways to safeguard yourself by reading further.
Kreston Stanley Williamson
*Correct as of 19 June 2024
*Disclaimer – this newsletter has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability is limited by a scheme approved under professional standards legislation.
