Do you ever feel that you’re working really hard in your business, trying to make the best return that you can, only to have the tax man take more than his fair share?

Each year we work with business owners just like you, to make sure they’re not paying any more tax than they legally have to.  Last financial year we achieved average tax rates as low as 18% as a result of tax planning for clients.

The time to tax plan is now…because after 30 June 2017, it’s simply too late.  Through conducting a “grease & oil” check on your records, and then reviewing the financial performance of your business, you can utilise all possible tax planning opportunities.

As part of the “Grease & Oil” we review the accuracy of your accounts to date, which enables tax planning to be done on your true profit result, as well as putting a stop to any procedural bookkeeping errors that are occurring.

If you are having a meeting with us to review your tax planning options, it is (in most cases) essential to have your accounts reviewed first – this enables us to be assured that your tax planning is based on correct results!

Experience has also shown that it is better to identify any issues in your accounts and take action now, while you still have time to make any necessary adjustments before 30 June.

5 good reasons why you should tax plan now:

1.    Reduce the amount of tax you will pay for the year…legally
2.    Increase the profit you will keep for yourself
3.    Know with confidence how much tax you have to pay
4.    Help you to get profits out of the business tax effectively

5.    Help build your wealth outside the business

On completion of your tax planning session, we’ll provide you with a report that not only covers how you can save $$$ in tax, but also details any issues identified in your “Grease & oil” check.

If you have any questions or would like a “Grease & Oil” please contact our team on 9526 1211.