Author: Consolid8 Team Date Posted: 6 May 2016
At Consolid8 we like to practice what we preach. Our business advice and coaching solution starts with setting targets, implementing strategies to achieve these goals and measuring the return. So, this tax season we’ve set ourselves a KPI – to save our cl
At Consolid8 we like to practice what we preach. Our business advice and coaching solution starts with setting targets, implementing strategies to achieve these goals and measuring the return. So, this tax season we’ve set ourselves a KPI – to save our clients $3 million in tax through proactive tax planning.
Why tax planning?
By actively reviewing your financial status and implementing our tax planning process we can (legally) minimize the tax you have to pay. Here’s some reasons why you need tax planning:
What’s the process?
Step 1 – Profit and Tax Summary
We will summarise your profit and tax so you understand your current financial position. Once we demystify your finances, we are able to recommend strategies to achieve the best outcome for your business.
Step 2 – Tax Planning Recommendations
You receive a series of expert recommendations and strategies to maximise your tax position. These will ensure you minimise the tax you pay at the End of the Financial Year.
Step 3 – Tax Savings
Not only do you receive in-depth analysis of your finances and recommendations for optimising your tax position, we also outline the potential savings you are likely to make by following the action plan and timeframe.
Step 4 - Action Plan and Timeframe
To ensure you achieve the best possible tax outcome before EOFY, we provide you with an action plan and timeline. This will assist you in achieving the maximum tax saving possible.
Before 30 June?
Absolutely, you need to act now. Our review process is designed to identify the optimal tax planning strategies to suit your circumstances and ensure they are implemented before 30 June 2016.
If you are interested in our Tax Planning Review or have questions about Tax Planning for your business, get in touch with Consolid8’s Tax Team today on 1300 222 353