It’s tax planning season!
Now’s the time to get one step ahead of the tax man.
Tax planning allows us to take a look into your future at 30 June. To do this we take a detailed look at your financial results, extrapolate these to the end of the year, and calculate what your tax position is likely to be.
Based on that data, we can then put thought into specific strategies that you can consider implementing prior to 30 June so that you spend money on what YOU want, rather than paying it to the ATO.
The ATO are happy for you to do tax planning, as long as it doesn’t turn into tax avoidance. See what they have to say here. Engaging qualified & experienced professionals will help you keep on the right side of the law.
If you are after general tax planning tips, click here.