Tax Planning

What is Tax Planning?

Tax planning means managing your monetary affairs in such a way that the amount of tax you pay is minimised as much as legally possible.

Tax planning is an important part of every investment decision, whether it be a short or long term one.

With the end of financial year (EOFY) approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June to reduce your tax and grow your wealth.

For 2019, key priorities are likely to be:

  • Maximising superannuation contributions without exceeding the relevant caps
  • Bringing forward deductible expenses
  • Deferring taxable income, and
  • Managing capital gains.

Contact us today! The sooner we get started, the sooner we can help you save tax – well before 30 June for sufficient time to implement tax saving strategies. For more information, check out our tax minimisation guides below: