Well before the end of financial year is the time to discuss the actions you can take to reduce your tax.
For business owners who took advantage of COVID-19 stimulus initiatives or reduced PAYG instalments, tax planning is especially important.
Our Business and Personal Tax Minimisation Guides outline key tax minimisation strategies including:
• Maximising super contributions without exceeding caps
• Bringing forward deductible expenses
• Deferring taxable income
• Managing capital gains
• Using a Family Trust or “bucket company” to cap your tax at 26% or 30%.
Contact us today on 03 9708 8801 or email info@rvpartners.com.au and book in your TaxPlan meeting. The sooner we get started the more chance you will have to implement tax saving strategies.
General Advice Disclaimer: The information contained within this document is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. Robinson Voss Partners (RV Partners) strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances.
