Big Picture Tax Advice

Tax Planning isn’t optional, rather it is hardwired into our advice approach, scheduled and delivered as a core service.

Tax Planning is a structured meeting with formal discussion covering a range of current and future business and personal circumstances for the purpose of identifying matters that can potentially influence your tax position.

Advance planning of such issues is about providing options that can mitigate or avoid negative impact on cashflow, debt management, capital purchases and ultimately, the amount of tax you are obligated to pay.

In the third quarter of the year (March to May) we analyse your interim results, extrapolate them to determine your likely full-year outcome to establish your probable end of year tax picture.  We deliver a report that indicates your decision making options, the tax implications of each and the action necessary during the final quarter to deliver the most favourable tax outcome.

There is no doubt, tax matters are complicated and your tax position is affected by changing business circumstances. We work closely with you throughout the year so when issues pop up or opportunities for your business are identified, we can outline options and offer considered and practical advice about tax implications, including structure and tax strategies for optimal outcomes.

Tax and compliance is affected by both State and Federal issues. Commonly, tax accountants will consider Federal issues missing important State based matters such as the tax implications of Work Cover and Stamp Duty. Payroll Tax in particular can have significant impacts on growing businesses at risk of breaching their annual threshold.  We proactively take a wider view to review issues on your behalf and in context of your overall business and personal goals.