End Of Year Tax Planning Checklists

The personal tax scale structure remains basically the same from 2015-16 and through 2017-18 except for the expansion of the 32.5 cent tax band from $80,000 to $87,000.

From 2018-19 the 32.5% ceiling is further expanded from $87,000 to $90,000.

There is also new offset (the LMITO) of up to $530 shading out at the rate of 5 cents per dollar of taxable income in excess of $90,000.

2016-17 was the final year of the temporary deficit levy 2% surcharge on the top marginal tax rate.

There have been a number of adjustments in the small business space, and the usual indexation of superannuation parameters.

The following checklists may be useful:

2018

• 2018 EOFY Tax Planning Checklist – Moore Stephens
• BDO 2018 Year End Tax Update – BDO Australia
• Tax planning toolkit for 30 June 2018 – Pitcher Partners
• End of year 2018 SMSF issues – Tax Institute blog
• Essential Tasks at End of Financial Year (EOFY) – business.gov.au

2017

• 2017 EOFY Tax Planning Checklist – Moore Stephens
• BDO 2017 Year End Tax Update – BDO Australia
•  Year End Tax Planning Toolkit 2017 – Pitcher Partners
• Checklist of Tax Changes Taking Effect in 2016/17 – Wolters Kluwer

2016

• BDO 2016 Year End Tax Update – 1 July 2016
•  Year end tax tips 2016 – CPA Australia – 20 June 2016
•  Year End Tax Planning Toolkit 2016 – Pitcher Partners – retrieved 22 June 2016
• Your SMSF year-end checklist 2016 – see SuperMate.com.au – retrieved 29 May 2016
•  2015/16 Financial Year End Tax Strategies – Bantacs – retrieved 29 May 2016

2015 and earlier

• 2015 Year end Tax Bulletin and Tax Planner – BDO – retrieved 17 June 2015
•  2014/15 Financial Year End Tax Strategies – Bantacs Accountants – retrieved 10 June 2015
•   Year end tax planning tool kit – editable PDF – Pitcher Partners – retrieved 10 June 2015
•  Year end tax planning 2015 – business and investors – Crowe Horwath – retrieved 1 June 2015
• SMSF deductions & year end checklist

See also:

• Looking For Tax Deductions?

Checklist suggestions are welcome.

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This page was last modified 2018-07-01