Recently, we saved a new client over $100,000 in tax their first year with us, all because we looked at their business tax position holistically.
By conducting thorough tax planning we could identify multiple areas where this client could save costs significantly. In this case we knew a business restructure was the best course of action, along with several other strategies.
We don’t stop at one-off “set and forget” advice. By having regular and thorough tax planning meetings throughout the whole year, we were able to continue to identify and solve problems before the business took a hit, and see opportunities that could result in real, steady growth for that client’s business.
This is why having an accountant with business tax expertise is so important. Anyone can file a tax return, but if you have complex corporate structures involved, like businesses, holding companies, self-managed super funds and family trusts, it’s crucial to have an accountant that specialises in that area.
If you’re not sure you’re getting the most out of your current accountant, get in touch with us – we’d be happy to chat more about your needs.
To learn about the benefits of having your accountant and bookkeeper under the same roof, click here.