Tax Planning
"The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing."
Jean-Baptiste Colbert
We work closely with our clients’ accountants to ensure that their wealth plans are conducted as tax efficiently as possible. Taxation obviously forms a very large part of any of our strategic considerations for our clients both at the initial stages and on an ongoing basis.
In considering tax planning opportunities for our clients we may recommend such things as:
- Use of different ownership structures such as family trusts.
- Superannuation strategies such as salary sacrifice.
- Gearing strategies.
- Transition to Retirement strategies.
- Changing the ownership of insurance policies to increase tax deductibility.
For ongoing clients we offer a formalised tax planning review early each calendar year to ensure that our clients approach the end of the financial year as tax efficiently as possible.
