As we commence the new financial year, I am pleased to share news of some well deserved staff promotions at Holman Hodge and a new, executive appointment to our leadership team.
Time to take stock: EOFY tips for pharmacy owners
As 30 June rapidly approaches, pharmacy owners should be actively reviewing their business and preparing for year-end obligations. Beyond the usual tax considerations, pharmacies face a unique mix of operating and accounting complexities that require a tailored approach. At Holman Hodge, we work closely with pharmacy clients and understand the critical role that clean, accurate reporting plays in presenting a true picture of your business to stakeholders, including banks.
Buying a pharmacy? Here’s why due diligence matters.
How would you feel if you paid double what a pharmacy was really worth? It’s a question that zeroes in on why due diligence matters.
Buying a pharmacy business is a big step, full of uncertainties and unknowns. One of the ways to bring more certainty to a transaction is in undertaking due diligence. It’s something that we talk about all the time and support many, many clients to undertake in support of their purchase decisions. But what exactly is it and why is it so important?
Don’t miss the deadline – superannuation cut off dates
Superannuation – individuals
Individuals are able to claim a tax deduction for personal superannuation contributions up to your $30,000 cap for the 2025 financial year (which includes contributions from your employer). There are also other eligibility criteria you must meet.
Tax Planning 2025
As we approach the end of the financial year it’s a good time to start thinking about what you could do to minimise your tax liability.