Tax Preparation Services from the Professionals

For our business clients, we offer them the choice to have their financials reviewed anywhere between March to June. There is little anyone can do for you once the 30th June has passed, so it’s important to get in there beforehand. Our review focuses on the profit to date taking into account any extraordinary items, and then based on consultations with our clients, we project what the profit could be at the 30th June. From there, we set about planning what to do about it. The following is only a select list and their use can depend on your business size:

• Superannuation structures
• The need for new equipment/vehicles. We firmly believe that the keyword here is “need”. If you don’t need it, don’t buy it. It makes little sense to spend $ 10,000 and save $ 3,000 in tax, if whatever you buy won’t be needed or utilised in an effective manner. Many accountants preach the strategy of buying new cars to save tax.  The strategy, in most instances, is actually flawed and we prove that to our clients.
• Postpone invoicing or prepaying expenses
• Prepay interest
• Determining tax effective distributions (for those with trust structures)
• Stock valuation
• CGT concessions

Taxation Planning to Strategically Minimise Tax

With our extensive knowledge and expertise, we can help you with taxation in Australia. Arrange your free no obligation meeting.