Mitre 10 Masterclass: Essential Tax Tips for Builders

Kelly Ibabao 20 June 2024
Thu, 20 June 2024
10:00 AM to 11:00 AM AEST

Mitre 10 Masterclass: Essential Tax Tips for Builders

Builders and tradies spend all year working hard to make a profit – the last thing they want is to lose any more of this profit than they should to tax!

With the EOFY around the corner, it was time to start getting your tax house in order to achieve the best possible outcome on your taxes this year. To lend a helping hand, we hosted a free webinar with tax experts Josh Robertson and Suzanne Faulkner from building industry specialists Xact Accounting.

Joshua and Suzanne, Partner and Client Director at Xact Accounting walked through the common things that catch builders out at tax time… and with just enough time to make changes before June 30.

In addition to EOFY advice, participants also learned tax tricks and tips that can be implemented year-round to reduce paperwork headaches and make managing tax and business finances more effortless.

In this interactive session, Josh and Suz also took questions live, ensuring attendees could join the conversation.

 

Learning Objectives + Takeaways:

  • Tax tips specifically designed for Builders – not all tax advice is equal!
  • Timely advice on changes to things like temporary tax expensing and work-from-home rules
  • Mixing business and pleasure – when is a toy a tool when it comes to tax
  • Dos and Don’ts of Trusts and other tax structures
  • Getting your house in order all year round – using Buildxact to eliminate paper and other productivity hacks for busy builders to avoid EOFY stress.

 

BOOK A FREE CONSULTATION

DOWNLOAD FREE TOP 10 TAX TIPS EBOOK

Presenters

Suzanne Faulkner

Partner and Client Director CA, B.BUS (ACC) L.LB GRAD.DIP (ICAA) M.APP TAX

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Joshua Robertson

Partner and Client Director CA, B.COM (ACC & FIN), GRAD.DIP FP, GRAD.DIP (ICAA)

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Julian Krishnan Nair

Senior Partner Manager from Buildxact

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In partnership with Mitre 10

More Helpful Resources for Builders

  • WIP Accounting for Builders:

Xact Accounting Client Directors Daniel Wilkinson and Josh Robertson tackle the best practice approach to calculating Work In Progress (WIP) – an extremely important, yet often overlooked or miscalculated aspect of your financial position.

Watch here

 

  • Cashflow Workshop for Builders:

Xact Accounting Founder and CEO Mick Renton and Client Director Daniel Wilkinson walk builders through a working cashflow forecast and provide tips on how to get your cashflow under control!

Watch here

 

  • Building & Construction Accounting

Find more webinars and workshops, useful articles, and downloadable tools on our resources page!

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