Ilanco Rajaratnam, ACA’s Post

I started 40 years ago in the profession too 🧐 This year I finished my book "Financial Rebellion" to raise awareness of the need for business owners to OWN their financial power. It's great to see this perspective from John Jeffreys - his comments support my comments about self assessment and "reasonably arguable position". It's tough being an accountant today - " no one wants a problem with the ATO" No wonder business owners have a tough time getting clear explanations of their position. Fortunately, in my Financial Mentoring, I can hold space for business owners to understand their position and take that to their experts. Collaboration is Key in getting the best outcomes and minimising your lifetime tax.🦉 Ask me anything on a free zoom chat to start Owning Your Financial Power today💪🏹

#SageAdvice

I learned these seven things in 2024. ✨ 1️⃣ Seeing the good in everyone doesn't mean everyone is good for you. 2️⃣ It's only a matter of time before the dreams you hold off, become somebody else's reality. 3️⃣ Simplicity wins, overthinking and overcomplicating only slow you down. 5️⃣ You can't prioritize everything at once, identify what truly matters right now and focus on that layer. 6️⃣ Stop waiting for permission, the only "go sign" you need is the one you give yourself. 7️⃣ Asking for advice is a strength, not a weakness. #Strength #Learning #Priorty #Skills #Development #Accounting #Taxation

#SageAdvice

Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed £1,000. From services to content creation, it’s vital to understand self-assessment rules and new reporting obligations for online platforms starting in 2024. #OnlineSelling #SelfAssessment #TaxTips

Here's my 2024 LinkedIn Rewind, by Coauthor.studio: 2024 proved that comprehensive guidance in cooperative taxation isn't just about writing books - it's about building frameworks for sustainable growth. From earning Sworn in CPA certification to updating our cooperative taxation guide, this year demonstrated how technical expertise can drive practical development in the cooperative sector. #LinkedInRewind #2024wrapped

Advice for self assessment and correting mistakes #SageAdvice

EOFY: As we have reached the end of another financial year, it's an important time for reflection and evaluation 📑 Financial year reviews can often leave people with mixed feelings—some celebrate achievements and growth, while others might find themselves disappointed with unmet expectations. If you have been left feeling disappointed, please reach out to me for a confidential chat. I'm more than happy to share my perspective and view. 📞 02 8256 5022 📩 aharte@andersenpartnership.com #EOFY #accounting #tax #publicpractice #Sydney

Are you confused on what your salary should be in your corporation? We meet with a lot of shareholders who just picked a random number, but are stressed that it would not hold up in an IRS audit. ❌ They’re probably correct. ✅ But the good news is, we do have a system of determining reasonable compensation that would be defendable if you were in an IRS audit. Reasonable compensation is one of the things we go through in our initial tax planning with new clients, because our goal is for you to keep the most of your money so you can grow and reach your goals. ☎️ Schedule a chat with us if this is one of your concerns and you want to make sure you’re keeping as much as your hard earned money. https://lnkd.in/eE8kTAW9

📊 Take the stress out of tax season with expert planning! Why leave it to the last minute? With our tax planning services, you can: ✅ Maximise your tax savings ✅ Stay compliant and stress-free ✅ Focus on growing your business Get ahead of the game and let us handle the details. Reach out today to start your tailored tax plan! Book a call now, and don't forget to quote "tax planning" https://lnkd.in/ejJZUGC8 #businessowner #smallbusiness #accountant #accountingservices #taxplanning #uktax