MNY Group 2020 February Newsletter


Access to the full version by clicking the link below:

MNY-February-2020

In February we have included Topics including:

Tax issues when dealing with volunteers
From bushfire relief groups, sporting clubs, environmental groups, charity associations and many more, volunteers are an indispensible workforce and support network for many organisations. For most, if not all, having volunteers ready to lend a hand is pivotal in them being able to function or survive.

Succession planning for family businesses
Adopting a sound tax governance framework can help you manage tax issues around succession planning before they present a problem.

Superannuation tax offsets you may be able to use
Tax offsets (sometimes referred to as rebates) directly reduce the amount of tax payable on your taxable income. In general, offsets can reduce your tax payable to zero, but on their own they can’t get you a refund.

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