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Tax time 2020 – what's different this year?
Published 6 years, 2 months ago
Description
With a whole range of legislative changes and so many Australians under financial stress as a result of COVID-19, this year's tax time is sure to bring its own set of challenges for practitioners.
In this week's episode of Accountants Daily Insider, host Jotham Lian is joined by the managing partner at Pitt Martin Accountants & Tax Advisers and this year's Australian Accounting Awards Accounting Consultant of the Year, Teddy Kosasih, to talk about the common issues he's witnessing with regard to tax time 2020.
Teddy explains why many people are lodging their tax early this year, outlines how practitioners can best support struggling business clients, and shares some tips on managing client expectations.