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Under the Hood: Partner promotions and a ‘lumpy’ tax bill
On this week’s episode of UTH, Ankit Sharma, partner at Pitcher Partners, jumps on to talk about the tax and practical implications associated with becoming a partner in a professional services firm. With the promotion comes great responsibility – and a “lumpy” tax bill!
Tune in to hear more about:
- What it means to be promoted to partner.
- The considerations, training and learning it takes to ‘make it’ as a partner.
- Practical and tax implications that come hand-in-hand with the role.
- What this means for superannuation.
- Sharma’s advice on how to tackle the role and promotion.
You can contact the Accountants Daily team and podcast host Imogen at imogen.wilson@momentummedia.com.au.
Published on 1 month, 2 weeks ago