Tax Tip Tuesday: Best Tax Tips for Small Businesses to Minimise Tax
Maximise Super Contributions – Use the Cap $30, 000 for people aged 18-49 as at 30 June 2014. $35, 000 for those 50 and above. Caps will remain the same in the 2015 year. Super guarantee is included in these caps. So do not exceed the limits as 46.5% tax will apply. Superfund must receive…