Tax Planning

WE HELP YOU PAY LESS TAX, PLAN AND GROW A SUCCESSFUL BUSINESS


Contact Us

AY Accounting provides you with high quality tax and accounting services to help you achieve your financial goals. We specialise in the three key areas of accounting management: Tax Planning, Tax Returns & Compliance as well as Outsourced CFO & Accounting.

AY Accounting offers you a choice of fixed price packages tailored to the specific needs your business. Our business packages will ensure you receive honest, reliable and consistent support throughout the financial year – with no hidden fees or charges to surprise you.

At AY Accounting, we help you with:

Tax Planning

How Are We Different?
What Does Tax Planning Mean? Pay Less Tax Promise Free Initial Consultation

TAX PLANNING

AY Accounting works with you to create a personalised, proactive tax plan unique to your business and well ahead of tax time, so you have a clear roadmap to legally reduce tax

Tax planning is a proactive process whereby one of our tax strategists will sit down with a business owner prior to the end of the financial year and explore every available strategy to legally reduce your tax.

Unfortunately not many accountants proactively do a custom tax planning process with their clients and as a result, small business owners end up overpaying thousands in tax that they don’t need to. Remember that paying tax means that you are earning profit so the goals isn’t to pay ZERO tax, but rather the intention of proactive tax planning is to ensure you don’t pay a dollar more than you need to.

When you are a client of AY Accounting, Tax Planning happens in April, May and June of each year. While you will make a small investment into our tax advice and lodgment service, we aim for our services to pay for themselves in tax saved. Tax Planning is the time of the year and the way that we have saved our clients on average $18,500 in tax in 2019.

POPULAR TAX PLANNING STRATEGIES THAT WILL SAVE BUSINESS OWNERS TAX INCLUDE:

  • Contributing profits to superannuation or an SMSF.
  • Writing off bad debts prior to 30 June.
  • Distributing profits via a discretionary trust to other people or entities who pay tax at a lower rate than you – e.g. retired parents, kids / siblings at university or a spouse.
  • Taking advantage of the Instant Asset Write off
  • Distribution of profits to a bucket company.
  • Paying Income Protection Insurance from your super.

HOW ARE WE DIFFERENT?

We are dedicated to helping entrepreneurs find freedom in their financial lives by helping you legally slash your taxes, build your business, make more money and enjoy a balanced lifestyle. Many business owners are critical of their accountant because they concentrate predominantly on the past. We’ve been complimented on being very different, thinking outside the box, as we want to help you create a better future.

About AY Accounting

WHAT DOES PROACTIVE TAX PLANNING REALLY MEAN?

TAX PREPARATION VS. PROACTIVE TAX PLANNING

You’re probably thinking, “Where could that money possibly be”? or “Why doesn’t my tax return reflect a $18,500* savings”? or “Why didn’t my accountant tell me that I’m leaving all of this money on the table?”.

Well, the answer can be described in a simple comparison of proactive and reactive activities.

Tax preparation is a reactive activity. When you prepare your taxes, you’re using old information to tell your tax story. At the time your taxes are due, there is nothing you can do to change what has happened in the previous year.

Tax planning, on the other hand is a proactive activity. Tax planning considers your current and future goals to help you create your own story.

When tax time rolls around the following year, your tax preparation process can be compared to publishing your story. You may make a few tweaks here and there, but you’re not going to completely change the story line.

When you start with tax planning, you can apply strategies to your lifestyle that will help you save the most on your taxes. With a proactive tax plan, you LEGALLY take advantage of every deduction, credit, loophole and strategy available.

Successful entrepreneurs and business owners can receive the greatest benefits from tax planning. Why? Because a major part of the tax laws were written in their favour.

At AY Accounting, we want to help you put a SHIELD around your income with our Tax Minimisation System which aims to keep your hard earned money where it rightfully belongs – in your pocket!

*This is the national average in missed tax savings. We cannot guarantee your actual savings results.

WE HELP ENTREPRENEURS LEGALLY REDUCE TAXES BY UP TO $50,000+ YEARLY USING OUR INCOME SHIELD TAX MINIMISATION SYSTEM

REASONS WHY ENTREPRENEURS & BUSINESS OWNERS CHOOSE AY ACCOUNTING

PLUS, THERE’S NO RISK TO YOU BECAUSE YOU ARE COVERED BY AY ACCOUNTING’S “PAY LESS TAX PROMISE”

HOW IT WORKS:Engage the services of AY Accounting, provide us with all the necessary information and in the unlikely event you don’t save AT LEAST TWICE OUR FEE in tax savings, we won’t charge you a cent. We can’t be any fairer (or more confident) than that.

Not only that, we PROMISE you’ll sleep soundly at night knowing the Taxman won’t come knocking because all tax minimisation strategies we recommend are 100% legal.
Legally save at least TWICE our fee in tax, or you pay nothing… that’s our promise.

Our Guarantee

FREE INITIAL CONSULTATION



    * Required fields
    Call Now Button