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Important Tax Dates

21 June 2023

  • Lodge and pay May 2023 monthly business activity statement.

25 June 2023

  • Lodge and pay 2023 Fringe benefits tax annual return for tax agents if lodging electronically.

30 June 2023

  • Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2022–23 financial year.
  • End of Financial Year

Harris Black Business Leaders Forum – May 2023

Another great Harris Black Business Leaders Forum (BLF) where we looked at “Maximizing Leadership Performance: Coaching for Success“. 

The workshop focused on leadership success and provided valuable insights and updates from experienced business owners/leaders. Participants learned about the latest strategies for harnessing the power of Artificial Intelligence (AI) as a leader, identifying and enhancing their leadership style, handling difficult conversations, and driving greater productivity in teams. The workshop also covered effective approaches for attracting and retaining top talent in their organization.

All the insights were then drawn on for the final session where attendees’ problem solved key leadership challenges or opportunities each were facing for 2023. All up a fantastic session which all valued.

If you are interested in joining our practical and high-value learning sessions, we would like to invite you to join us at the next Harris Black Business Leaders Forum in August 2023. Click the button below to register your interest.

Are You Avoiding Making Decisions?

The new financial year marks a crucial period for businesses as they assess their financial performance and make critical decisions for the year ahead.

Procrastination can often slow down the decision-making process in your business.  In this video Renee Bettenay, Director from Harris Black, will discuss the 5 ways leaders tend to procrastinate and offer some solutions to help drive to quicker decision making within your business.



Tax Planning 2023

As the end of the financial year approaches, getting your tax in order is vital.

Tax planning can help all businesses and individuals to plan and manage their tax position as the end of the financial year draws closer. This process allows businesses to see the bigger picture and gain a head start with their tax obligations. It involves assessing the need for any Division 7A repayments, utilising unrealised capital gains or losses, discussion on the changes around Division 100A and planning for any changes in your tax situation.

Tax planning simultaneously ensures savings on tax while addressing any legal obligations and requirements, such as determining if you can top up your super, writing off bad debts, and claiming eligible R&D tax offsets. It also allows for the preparation of smaller items like distribution resolutions, dividend statements, and jobs that are usually forgotten, getting them ready for the new financial year. The most important part of tax planning is the plan of your tax position before 30th June. Understanding options to reduce or defer tax payments, planning cash flow for tax instalments, and the tax due on tax return lodgements are key components of effective tax planning.

If you would like to book a tax planning meeting, please contact your Harris Black team member.

Life Balance Diagnostics

Having a balanced life is not about being perfect in all areas. It is about ensuring that any emphasis that may be put into one or more areas of your life is not causing an in-balance and issues in other areas.

Complete these 25 questions (it should only take you 5 minutes) to identify from 6 factors the top 3 areas that are working well and top 3 areas you need to work on to improve your personal life balance. You will also have the ability to see how you compare to the global benchmark (average scores of all completed diagnostics) on each of the 6 factors. If completing on your mobile phone, ensure it is held landscape for ease of use.

By undertaking this business diagnostic you agree to the Privacy Policy and Terms of Use.

Important Tax Dates

5 June 2023

  • Lodge tax return for all entities with a lodgment due date of 15 May 2023 if the tax return is not required earlier and both of the following criteria are met:
    – non-taxable or a credit assessment in latest year lodged
    – non-taxable or receiving a credit assessment in the current year

21 June 2023

  • Lodge and pay May 2023 monthly business activity statement.

25 June 2023

  • Lodge and pay 2023 Fringe Benefits Tax annual return for tax agents if lodging electronically.

30 June 2023

  • Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2022–23 financial year.

How can we help you?

Today’s financial environment demands a regular review of strategy and a focus on execution.