Author: Minna Zhu, Director Date Posted: 1 April 2017
Consolid8 has helped more than 200 business owners save $6 million in taxes over the last two years. We recommend all business owners take advantage of our tax planning experience and aim to optimise their tax position before 30 June. Consolid8 has helped more than 200 business owners save $6 million in taxes over the last two years. We recommend all business owners take advantage of our tax planning experience and aim to optimise their tax position before 30 June.
Consolid8 has helped more than 200 business owners save $6 million in taxes (*over the last two years). We recommend all business owners take advantage of our tax planning experience and aim to optimise their tax position before 30 June. Planning to grow your business? We believe the power of tax planning and preparation can empower owners to get the most out of their business. Email us as soon as possible so we can make a time to sit down and start planning.
Let’s look at why tax planning is crucial..
1. Tax Savings:
Receive back a substantial amount of tax savings within my family group
2. Unpleasant Surprises:
The last thing you need is any surprised in your tax bill. We can help you make sure this does not happen.
3. Deductions:
Do you need the most out of your expense deductions? Are you unsure what you can and cannot claim? Our experienced accountants can help maximise your deductions.
4. Tax Concessions:
Take advantage of my potential tax concessions
5. Superannuation:
Maximise the tax effectiveness of my super contributions
6. Tax Owed:
How much tax to pay and when they should be paid
7. Business Review:
Review of my business structure for the best tax position and asset protection
8. Federal Budget:
Identify how I can benefit from the new Federal Budget
9. Unexpected Tax Consequences:
Ensure Division 7A loan minimum repayments to be made to avoid any potential and unexpected tax consequences
10. Rewarding Owners
Work out the best way to reward owners (i.e. wages, director fees, dividends or profit distributions)
Yes this is still time. Our tax planning process is designed to identify the best tax planning strategies to suit your circumstances. We aim to have them implemented before 30 June 2017. To accomplish this, we have decided to only prioritise the first 100 tax planning meetings in the next 6 weeks. If you value your business, we recommend getting in touch with us as soon as possible.
Our meeting spots are filling up fast. Email your tax accountant to book your meeting before 31 May or call 1300 222 353.