Want To Pay Less Tax? Here’s Your Secret Guide.
Want To Pay Less Tax? Here’s Your Secret Guide.
It’s never too late to start off with tax planning to save hundreds of dollars on taxes, especially when your business is in its growth phase. All established businesses know the value of investing in tax structure and preparation to optimise their tax position at the end of the financial year.
No matter you are an individual, sole trader, not-for-profit organisation, small business or multinational firm, always focus on saving dollars by claiming the right deductions and liabilities. Having a professional tax accountant Geelong by your side can ease your worries about filing and saving on tax time.
Since all of us want to pay less tax, here are some crucial tax planning aspects to focus on:
- Savings
A business can receive back a substantial amount of tax savings by preparing an accurate and efficient tax report.
- Deductions
Get the most out of your expense deductions by making sure what you can claim and what you cannot. An expert can help maximise your deductions.
- Concessions
By applying for potential tax concessions at the Australian Taxation Office, take advantage of the concessions you can get.
- Superannuation
By paying a small amount as a super fund deduction, maximise the tax effectiveness of your super contributions at the year-end.
- Federal Budget
Stay aware of any government initiatives or tax schemes you can apply for and identify how you can benefit from Federal Budget.
- Tax Consequences
Avoid unexpected tax consequences by ensuring any minimum loan repayment is made to avoid all potential penalties.
- Tax Owed
Always track how much tax you need to pay and when it should be paid so that you won’t end up owing tax to the ATO.
- Business Review
To make sure your business stays at the best tax position all the time with an asset protection guarantee, review your business structure.
For past more than 10 years, KPG Taxation has helped more than 200 corporations and individuals in empowering their tax preparation and getting the most out of their growth potential. Take advantage of our tax consultants and get ready to optimise your tax position.
Focus On Growing Your Business, Leave The Accounting On Us!
- Income Tax : File your taxes & get the best claims & returns.
- Accountancy : Hire expert accountants to manage your transactions.
- Bookkeeping : Let us handle your record books and expense reports.
- Business Advisory : From company set-up to payroll, we handle it all.