Step 5: Taxation Plan

A Taxation Plan can assist you to minimise your tax obligations, whilst freeing up cash flow.

The key areas of our Taxation Plan include:

  • Maximising flexibility. Ensuring your business structures are appropriate and offer flexibility to accommodate business growth and changing family circumstances. Structures which allow income to be spread across family members should be considered to reduce your overall tax liability.
  • Business Succession Planning. Structuring ownership to reduce Capital Gains Tax upon sale of assets.
  • Superannuation. Taking advantage of superannuation funds as a structure to minimise tax obligations and acquire assets tax effectively.
  • Understanding your position. Having accurate financial data available (through your Financial Information Plan) to make the most appropriate decisions for your circumstances.

Contact our team today for advice about developing a Taxation Plan.