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.