Plan for Tax – Don't Wait for the Bill

Proactive tax planning strategies to avoid surprises

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Avoid nasty surprises by preparing for your tax obligations throughout the year.

Year-Round Tax Planning Strategy

1

Forecast annual profit each quarter and adjust for BAS results

2

Transfer a set % of income into a Tax & GST account regularly

3

Before 30 June:

Pay super early to claim this year

Bring forward or delay invoices/expenses strategically

Consider asset purchases if eligible for write-offs

Prepare trust distribution minutes

4

Monitor and vary PAYG instalments if income changes

5

Apply for grants or incentives before deadlines

6

Keep all supporting documents in one place

💡 Pro Tip

Mark "super payment deadline" and "trust resolution deadline" in your June calendar. Missing these dates can be costly.

Need Help with Tax Planning?

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