We Tax Plan with hundreds of business owners every year. This is what we mean.

If you’re a business owner, you’ve probably heard the phrase “Tax Planning” thrown around, if not by other business owners or accountants, hopefully by us. But perhaps you’re not really sure about what that means, or what it involves. Let’s get clear on what it means to tax plan.

The gist? It’s about developing strategies to legally reduce your tax payable.

If you have a company - tax planning is likely something you should be doing.

The laws around tax are changing all of the time. It’s pretty hard to keep up - it’s literally a full time job (just ask us), and accountants are required to do a minimum of 40 hours training each year just to remain certified. Often, we do a lot more education in tax to make sure we’re really across what’s going on, but in order to provide you with the strategies you can use (or not use), we have to stay agile with the law.

We need to see the whole picture.

We bang on about it a bit, and you may well be sick of hearing it but if you want to keep your taxes down and your profits up, your bookkeeping needs to be up to date and we need to know what your dreams and goals are for your business for the next few years in order to be able to make a helpful plan.

Your bookkeeping creates a super meaningful part of your story, and really YOU personally don’t have to do it. You can find an external parter, or your accountant (us wink wink) can likely package it up with a nice little bow for you. The point is, your books need to be in order for us to see the whole picture and give you some educated guidance.

What are your goals, dreams and visions for your business?

You need to feel comfortable being a bit vulnerable with your accountant.

That lofty goal, maybe you’re loud and proud about it, and that’s so great, but often that wildly audacious goal can make people feel a bit exposed. You need an accountant who believes in your goal, your business and wants to help you get there.

Our tax planning meetings take place BEFORE the end of financial year, and we often work backwards. We’ll start by looking at your goal and what life would look like when you are living it, and then flesh out how we can get you there. Sometimes it takes considerable guts to work that way - but it is a strategy that works.

Maybe business isn’t going great.

It happens. Business, much like life doesn’t always go to plan. This is one of the reasons we structure our fees the way we do - so you can talk to us more regularly than you would have with a traditional accounting structure.

We charge our clients a flat fee, so you can talk to us when things start going hairy, or if you want to buy a big ticket item, etc etc. You’ll never be charged a sneaky fee for chatting with us, so we shouldn’t get to a tax planning meeting and get a surprise when we find out things aren’t going to plan.

It’s much easier to deal with a small issue when it arises, than waiting for it to become a big issue and only see it in June.

Say goodbye to tax confusion.

Bottomline, we use dynamic and evolving tax strategies, that align with your business situation, goals and the latest legislation to not only keep you out of trouble, but ahead of the game. We know tax accounting isn’t everyones cup of tea, so we use plain language to break down what you need to know to make the best choices for your business in order to get you where you want to go.

Tax planning is about keeping more of your hard earned money in your pocket, so you can live the life you dream about - without the headaches.

Tired of only talking to your accountant in June? Let’s chat.