Important Dates 2016

January	February	March	April
New Year’s resolutions! Review salary packaging summary to maximise your fringe benefits Contact financial planner to review plans for new year Prepare financials for new SMSF (due 15 Feb)	New positions usually start and so you should be revisiting your budget and regular savings plans Review income protection to reflect new income level Submit BAS for Dec quarter	Maximise fringe benefits (due 31st Mar) Check progress on year end goals	Set salary packaging arrangements for new FBT year Submit your BAS for ABN income in the March quarter Prepare financials for existing SMSF (due 15 May) Start planning for end of year tax
May	June	July	August
Year-end tax planning Review super contributions to maximize contributions Review entity distributions Look at prepaying expenses Look at delaying ABN income Check www.highlandfinancial.com.au to see if changes to the Federal Budget affect you	Pay your top up contributions to super before June 21 Review Business Insurance agreements and ensure circumstances are current Check progress on year end goals	Chase up group certificates and start getting ready for your tax return Contact accountant arrange time to complete the return in Aug/Sept Set new salary sacrifice arrangements for super if required Submit BAS for Jun quarter	Lodge your tax return Plan for year-end holidays and make arrangements
September	October	November	December
With the receipt of your tax refund it is a good time to review your current situation and review your current borrowings and leverage. This is a time to consider possible investments or savings plans for dependants A great time to rethink expenditure for coming year Check progress on year end goals	Submit BAS for Sep quarter	Review your estate plan and nominated superannuation beneficiaries as you run into the Christmas period	Have an enjoyable holiday season Celebrate achievement of year end goals

Goals &Lifestyle
Financial Planning
SMSF
Tax planning

As you can see there is a financial activity that falls in every month, which means you spread out your financial decision making and break it down into bite sized pieces. This not only makes the process of good financial management less intimidating but also allows you to focus on the key issue for the month, in the right month!

A good accounting and financial planning relationship will address all of these issues and provide you the support to make the right decisions.

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A good accounting and financial planning relationship will address all of these issues and provide you the support to make the right decisions.

Free Audio Book

Contact

DOWNLOAD FREE AUDIO BOOK + FIRST CHAPTER PDF

DOWNLOAD FREE AUDIO BOOK
+ FIRST CHAPTER PDF