Don't pay more tax than you have to!

There's five key things that all business owners MUST consider RIGHT NOW. Please read on! 

30 June is only 13 weeks after the beginning of April. It's not a long time at all. This year let's try and use all of them.

Too often, we end up suffering because we have procrastinated and not made a positive decision to do something. If we all leave your tax planning until the end of May and early June, quite frankly there may not be enough time to do anything significant to legally reduce your tax.

So for 2015, our invitation to you is to START NOW with your tax planning.

Key Tax Planning Strategies

Over the next few weeks, we'll send you emails covering three of our key tax planning strategies. These are:

1.         General tax planning strategies - Key items that mean $ in your pocket.

2.         Trust Distribution Resolutions needed BEFORE 30 June 2015 - or pay up to 49% tax on trust profits.

3.         Establish a Self Managed Super Fund (SMSF) - How to make it your family's wealth VAULT and legally pay NIL tax at retirement.

So keep an eye out for our emails, and we'll outline in detail for you how to save $ and at the same time grow your family's wealth.

How our Tax Planning Process works

First of all, you need to post, email or drop in the following information for the current financial year ABSOLUTELY, POSITIVELY NO LATER THAN MONDAY 25 MAY:

  • estimate of business profits (computer record keeping file);
  • personal income;
  • salary and wage income;
  • interest;
  • dividends;
  • capital gains;
  • rental income.

Based on this information, we estimate your taxable income and your tax payable BEFORE any tax planning strategies.

We'll then have a preliminary review of your position and identify any potential tax planning opportunities.

If tax planning is appropriate for you, we'd like to meet with you as soon as possible to allow enough time to implement any tax planning strategies we jointly decide upon. 

Please note that there's no charge for the meeting, and we won't even call you in for a meeting unless we can guarantee that your tax savings will be more than our fee for implementing your tax planning strategy.

We'll provide you with a report that explains in plain English the tax planning strategies we recommend and exactly how much tax you will save.

And finally, we provide you with an easy-to-follow Action Plan to ensure that both you and we can do everything that needs to be actioned before 30 June.

Contact us TODAY to get started!

Don't wait until June. Contact our office TODAY to start your tax planning for 2015.

And look out for our special emails where we'll explain in detail how you can benefit from tax planning strategies!

The Hendrie Group

23 Lacey Street Croydon (Po Box 489) | P: 03 97252533