Tax Planning is all about finding legitimate ways to save on your taxes. Even little tweaks over time can add up to thousands of dollars of dollars in savings. But without the right advisor on your side, your hard earned money can end up at the ATO, instead of your bank account
Are you sick of getting to the end of the financial year and then finding out how much tax you have to pay? Maybe you’re wondering if there’s anything you can do to reduce your tax bill? Then the Westwoods BGA Strategic Tax Planning service is for you!
Tax planning allows individuals and businesses to take advantage of available deductions, exemptions, credits, and other tax-saving strategies such as business structuring, to minimise the amount of tax they have to pay.
The financial impact of tax savings over a few years can be life changing. Applying a strategic lens to your financial decisions allows you to access tax credits, deductions and incentives that translate into tangible savings for you, your family and your business. With this money in your hands, we can then help you turn it into more wealth for your family, or use it as capital to grow your business to the next level.
Tax Planning allows you to avoid unexpected surprises at the end of the financial year. You’ll know what to expect and you’ll be able to plan ahead, putting aside funds for tax so you.
For top-tier tax services in Adelaide, look no further than Westwoods BGA. Our seasoned team of tax accountants and agents is dedicated to providing expert guidance tailored to your financial needs. Whether you’re an individual or a business, we ensure accurate, timely, and comprehensive tax solutions that maximize your returns and minimize your liabilities. Trust Westwoods BGA for unparalleled expertise and personalized service in Adelaide.
We’ll take a look at your financial picture as a whole, then help you optimise your tax situation in order to legally reduce the amount of taxes you owe.
Working with Westwoods BGA means you’re partnering with seasoned accountants and advisors who specialise in Tax Planning. You’ll benefit from personalised guidance that aligns with your unique business situation and your personal goals.
Tax Planning is not just a one time or one year thing. We can help you year after year to ensure you’ve got the best setup for your situation. We’ll help you implement a robust tax strategy for sustained growth, resilience, and the freedom to invest in your business’s future.
“We never knew you could use a ‘bucket company’ to save tax nor many of the other strategies Westwoods BGA went through with us. The tax savings in the first year alone have been amazing!”
Our clients, Tim and Lisa* run a successful retail business and have been profitable now for many years. Thinking that paying tax was just a necessary by-product of profit, they were paying more than their fair share for many years and wondered whether there was any way of legitimately reducing this.
Tim and Lisa secured a whopping $39,207 in tax savings in the first year. Looking back, they now realise how easy and cost effective the whole process was as we managed it from start to finish. The beauty of using this or any other strategy (and there are over 80 to choose from!) is they can be used year after year, making tax savings an annual event and a normal part of one’s year-end routine.
They’ve also been able to go away on that long awaited holiday and upgrade their family vehicle due to the tax savings they have made to date.
“The team at Westwoods BGA handled it with minimal fuss and cost effectively. We are now busy planning our next holiday!”
*names changed
Tax Planning should be the cornerstone of your business strategy. If you’re looking to save money on tax and use it to grow your business and support your family, why not book in for an obligation-free chat today? We’ll take care of the complexities of the tax system and pave the way for a future where you and your business thrive. Contact us today.