Tax planning is an essential part of wealth creation. Structuring salary, superannuation, investments and debt can create significant tax savings. With a bit of planning you can take control over the amount of tax you pay.
Tax Planning for individuals and small businesses can involve:
- Ways to maximise after tax income
- Remuneration packaging (salary packaging)
- Capital Gains Tax (CGT) management
- Gearing
- Investing in shares that offer 100% franked dividends
- Borrowing to invest
- Small Business and capital gains tax exemptions
- Tax Planning Advice
A&A Financial Services has been built on proven accounting systems and processes. Our in-house expertise and focus on continuous professional development ensures we understand the latest changes in legislation relating to accounting and financial services. These systems and processes along with our continuously updated skill-set allow our team to provide business owners and individuals with a trusted accountant, business strategist, tax advisor, business advisor, financial planner and brokers in one place. In conjunction with our affiliated firms, we offer comprehensive financial services acting as a ONE STOP SHOP to all your financial needs.
We want to eliminate any surprises with your refund at the end of financial year. In current financial environment, your tax bill is not something you can afford to just leave to chance and hope it comes out favourably for you.
We are making a strong effort this year to work with each of our clients to do just that. In our recent correspondance to our clients, we sent out information about things to consider and tips to help minimise tax and to start Planning for future.
We now provide a Tax Planning & Coaching Service under which in conjunction with a licensed Financial Planner. First, by reviewing your particular situation, we provide a complete plan of attack to help you reduce your tax liability and make tax smart decisions. This analysis usually encompasses an intial session of 1-2 hours. We then update your current tax plan to get a preview and understanding of your current year liability. Finally, we add a second scenario of what your tax return could look like with implementation of the planning ideas we have provided. The results are astonishing. Most of these ideas can reduce tax liability by thousands of dollars.
Beware though, planning time is now! Most of these ideas to save you money need to be in place now – after 30 June it will be too late for the current financial year!
We work with clients across the country so no matter where you are, we can work with you via web meetings, email and telephone. We are expanding our business and want to help more people save more of their hard earned money – including you. Let us help you see how tax planning now can save you a bundle and make tax time much less painful.
Get Started Today!
To get started, please give us a call on 1300 889 848 or contact us by clicking here. We are ready to show you how to save more money this year!