Menu
   SECURE CLIENT PORTAL
   MACLEAN NEWS & UPDATES
Tax Checklist
2020 - Tax Checklist
To assist in completing your tax return, we have a checklist that will help you with what you need to provide us. Find out more
Virtual Tour
- Virtual Tour
Take a tour and explore our office Find out more

Are you paying too much tax?

 

Paying tax is an inevitable part of doing business.

The more your income grows, the more tax you are liable to pay.  You are rewarded for your success with a bigger tax bill.

While we don't want our clients to avoid paying tax or evade the tax department.  We do want our clients to only pay the amount of tax they are legally liable for.

Many business owners don't understand the tax deduction and other benefits available to them.

We want to help you arrange your financial affairs so you can minimise your tax and pay only what you should.  Tax legislation is constantly changing.  Our team are up to date with any changes and understands how changes can affect our clients.

Changes to your personal circumstances can also affect how much tax you need to pay.  There could be a better way to structure your affairs, so you pay less tax.

Some examples of areas where you could save tax include:

  • Vehicle ownership
  • Home office expenses
  • Entertainment
  • Employee benefits
  • Loan refinancing
  • Family income allocation

We can assess your tax situation.

We can review your financial reports and identifying potential tax saving opportunities in your business to determine the most appropriate tax structure for your circumstances.  We can also advise on the financial implications of your current and planned arrangements.

We won't just make recommendations; we will ensure you understand your tax obligations and give you peace of mind that you are compliant with all tax legislation.

Knowing exactly how much tax you will have to pay means you can set aside the right amount of money on a regular basis, so you are prepared for the bill and won't incur penalties or interest.

"The only thing that hurts more than paying an income tax is not having to pay an income tax." - Thomas Dewar.

Back to Articles & Guides

5ways
Sign Newsletter
What our clients say...
  • "I've known Ross for many years and his team continues to deliver good, wholesome country service" - Read more
    - Kym Westcott, Paleo Cafe
  • "Maclean Partners are very knowledgeable accountants who are always attentive and keen to learn more about how to improve our business. John and his team offer sound advice about tax and general accounting, as well as helping structure and manage the financial aspects of the business to our advantage". - Read more
    - Tony Pascoe, NQ Foot and Ankle
  • "We've worked so hard over the past 10 years to get the business to where it is and sometimes you can't see the forest from the trees. Thanks to the Maclean Partners and the 90 Day Business Challenge, I found each module so helpful and the self-paced online aspect combined with the face to face coaching and workshops worked really well for us. - Read more
    - Nelly Evans,Powdercoat Select
  • "Nelly (my wife) told me she had signed up for some business training and I told her it was a waste of time and money. I wasn't interested in doing it at all because both our businesses are firing on all cylinders, but to show her support, I went along to the first workshop and I was impressed. Nelly and I have been doing a lot of talking, but we realised that we never had the right mindset to take action. - Read more
    - Glenn Evans, The Fencing Factory
Logo Logo Logo Logo Logo Logo