January 2022 Client Alerts

| Accounting, Business, Wealth, Bitcoin, Farm Services

We begin the year with two important client alerts:

1. Four Things Every Employer Should Know About STP Phase 2

The mandatory expansion of Single Touch Payroll has commenced. In this Client Alert we run through:

  1. When does this take effect?
  2. What does STP Phase 2 include?
  3. What remains the same?
  4. What do you need to do to prepare for STP Phase 2?

Read the article here.

2. Protecting Your Family Home from Creditors – Sophisticated Asset Protection

A recent Federal Court tax case is a sobering reminder you and your spouse cannot take asset protection for granted. In this Client Alert we:

  1. Briefly run through the Commissioner of Taxation v Bosanac case and note that the family home was not protected albeit it was not in the name of the defendant.
  2. Introduce “The Protector” – a sophisticated asset protection strategy to protect your family’s wealth
  3. Highlight the importance of acting early to mitigate clawback periods

Read the article here.

5-star Reviews

We’re also proud to share with you a couple of our latest 5-star reviews:

As always, we're here and ready to help you however we can – just give us a call or send us an email.

You can trust in Munro’s to help you: Experience Success!

About Munro’s

Munro's | The Professional Problem Solvers

“Problems Solved, Like No One Else”

As trusted confidants and savvy advisors to business owners and investors across Australia, Munro’s is proud to provide innovative solutions that enable growth, as well as being the first port of call when complex issues arise.

Our exceptional accounting and tax services are of great benefit to Munro’s clients, but what is truly unique about Munro’s is our ability to help entrepreneurs make smarter decisions. This is achieved through a process of partnering with business people whereby they obtain access to coaching, tools, information and networks which lead them to success in business and life.

Ultimately, Munro’s does what it takes to help you:

✔ Start, Grow and Exit Million Dollar Plus Businesses;

✔ Legally Minimise Your Taxes; and

✔ Safeguard Your Wealth.

We call this: Experiencing Success.

Whilst our innovative solutions are perfect for all types of businesses, they are particularly useful for:

🔼 Startups (Early Stage Innovation Companies);

🔼 Family Farms;

🔼 Hospitality Operators;

🔼 Property Developers & Landlords;

🔼 Pharmacies; and

🔼 Cryptocurrency / Blockchain enthusiasts.

For social proof of all this, we draw your attention to our many 🌟🌟🌟🌟🌟 (five star) reviews on Google. Thanks to our firm commitment to delivering superb advice, innovative services and 5-star client care, we are proudly a Top 1% ranked Australian Accounting Firm.

Whenever you need help with your tax return, optimum structuring, Seed round, succession planning or specialist advice, you can trust in Munro’s to help you: Experience Success!

Contact Munro's today and let's Experience Success, together.

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