Did you know that you can get your tax refund before the end of the financial year?
You can improve your cash-flow without having to wait until your tax refund comes in to get your investment property tax savings.
It’s as simple as lodging an Income Tax Variation with the ATO.
Once lodged the ATO will send your employer a letter requesting them to reduce the tax withheld from your wages each week.
It’s now time to get these in place before the start of the 2016/2017 financial year so that you can maximise your cash-flow in the next 12 months.
If you would like us to lodge the tax variation on your behalf please complete the checklist. You can download the checklist here: PAYG-Withholding-Variation-Checklist or here: http://guardianaccounting.com/links/ under Investor Resources.
We charge a fee of $88, but you can lodge the form online for free directly with the ATO here: https://www.ato.gov.au/Forms/PAYG-withholding-e-variation/