Year-end tax planning toolkit

As the financial year draws to a close, it is time to start thinking about whether your year-end tax planning is in order. Tax planning not only requires consideration of income and deductions for the year, but also requires you to consider whether your compliance requirements have been met. This includes whether appropriate elections are made within the time requirements, the preparation and maintenance of appropriate documentation (such as trust minutes) and forward planning of your tax affairs.

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Bank First

Welcome to Bank First on LinkedIn. Formerly Victoria Teachers Mutual Bank, we have been working to provide a better banking experience since 1972. We are proudly customer owned, and support the education community through professional development, grants and sponsorships.

OTHER WHITEPAPERS
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Streamline Payments Modernization to embrace Instant Payments

whitePaper | May 31, 2023

Payments modernization has become more important and prevalent than ever before. The demand for faster, more secure, and more convenient payments options is on the increase. E-commerce, mobile payments, and other forms of digital transactions are on the rise. And consumers and businesses are seeking faster and more seamless ways to make and receive payments.

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Composable Banking: Redefine Speed to Market

whitePaper | August 22, 2022

In the modern era of on-demand consumption and tailored customer experiences, the ability to put together banking systems to fit a Financial Institution’s needs is imperative. The continually changing landscape, cuttingedge competition, and rising customer expectations have become a general rule to adapt to practically every industry, including banking and financial services.

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Building a Better Banking Ecosystem with Modern Network Connectivity

whitePaper | August 4, 2022

The technology infrastructure most businesses rely on is rapidly transforming, with the cloud and AI-driven technologies becoming essential for companies to improve customer experience, optimize their operations, and address evolving regulatory requirements.

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REARCHITECTING AND SIMPLIFYING POST-TRADEOPERATIONS

whitePaper | August 15, 2020

Capital markets institutions have traditionally devoted the bulk of their mind and wallet share on front office revenue-generating activities. Post-trade operations have been overlooked; they are mired in legacy systems and siloed operations that require significant manual intervention, making it a critical source of inefficiency and operational risk. As revenue streams are challenged by uncertain economics and growing competition, post-trade operations are coming under scrutiny for reducing costs, boosting margins, and improving return on equity.

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The future role of banks

whitePaper | October 6, 2022

Financial services are undergoing a shift today that is changing the face of banking. Gone are the days of monolithic banking, in which products and services are siloed off from each other, and banks manage their own mainframes. The future of banking is digital, and this demands agile, instant and intelligent IT infrastructure. Established banks will no longer be expected to act alone in developing and distributing products. New models like open banking and real-time payments incentivize banks to collaborate with partners, new start-ups and established players within and beyond the financial services industry. But this future path also poses risks, as any potential collaborator could also be a competitor. Established banks will have to think more like fintechs and challenger banks, while continuing to ensure security, compliance and a full suite of services for consumers and businesses alike.

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CLOUD, BANKING & FUTURE CHALLENGES

whitePaper | April 15, 2022

It’s a time of particularly significant change in the banking sector. Digital transformation is opening fresh opportunities worldwide, and as a result, the adoption and integration of cloud platforms has become a pivotal component in a company’s technology strategy. It’s easy to see the advantages too: new environments are bringing with them greater security and reliability. That, and a huge range of PaaS and SaaS options continue to evolve. There’s opportunity for real, reachable modernisation, and for cost savings too, and that’s what we’re going to explore here.

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Spotlight

Bank First

Welcome to Bank First on LinkedIn. Formerly Victoria Teachers Mutual Bank, we have been working to provide a better banking experience since 1972. We are proudly customer owned, and support the education community through professional development, grants and sponsorships.

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