
Tax Saving Strategies
Income taxes are often one of our largest expenses and a source of deadline-induced stress and confusion. While we cannot avoid paying taxes without getting some unwanted attention from the ATO, we can at least try to minimize the total amount of income taxes that we owe. The good news is that by paying less in taxes, you’ll have more money available to save for your financial goals and use for more fulfilling life pursuits.
Once you are satisfied with your business structure, we can discuss and implement various tax saving strategies e.g.
Our team has many years of experience in complying with taxation requirements and liaising with the tax office. Our team monitors the latest tax rulings and provides expert advice on:
- Depreciation on assets
- Advantage of major tax deductions for their businesses
- Donate stock
- Record-keeping − keep clean books
- Guide you on what you can claim as expenses
- Defer Income / Bring forward expenses
- Prepayment of expenses (Small Business Entities only)
- Salary Sacrifice
- Boost super contribution
- Contribution Split with your partner
- Government Super Co − Contribution
- Claiming Tax Offsets.