You have the right to arrange your financial affairs to keep your tax to a minimum – this is often referred to as tax planning or tax-effective investing.
Future Assist offers Tax Planning as part of its advice process and has a team of accountants to ensure it aligns within the letter and the spirit of the law.
Working in conjunction with our financial advice team, we can model various investment strategies to help you grow your wealth, achieve your goals and minimise tax legitimately.
Future assist can provide advice on various superannuation and SMSF tax strategies including:
• Maximising concessional & non-concessional contributions
• Maximising government contributions
• Maximising other government incentives
We can also assist with restructuring of personal insurances to ensure optimal tax effectiveness and minimisation of personal costs.
Find out more about tax minimisation, tax planning and tax effective investing
You may be able to claim a tax deduction for various expenses including financial planning. In addition, each occupation differs in what can be claimed so its important to get sound advice. Various types of insurance such as income protection, TPD and life insurance can also be claimable independant of your occupation however this depends on how they are structured.
If you’re a high-income earner, have large employer super contributions or a combination of both, you may find yourself in the situation where you receive additional tax bills from the Australian Taxation Office after lodging your annual tax return. This is formally known as Excess Contributions Tax and Division 293 Tax Assessments. No one likes surprises from the Tax Office, Future Assist can help you plan your contributions for the coming year as well as provide advice on the options available to settle with the ATO.
Future Assist provides full SMSF administration which includes the little things like paying bills on behalf of your SMSF to preparing the funds tax and compliance documents. Unlike other trustees that spend over 3 hours a week administering their fund, our clients spend less than 4 hours a year.
We provide advice and strategy on how can best make the transition to retirement when you reach preservation age. You still may choose to work part time and we can help to create a strategy to help minimise your personal tax and help you stretch out your superannuation dollars.
With plenty more options, take the first step to speak with one of our Advisers today and let us tailor a strategy for you.
We offer the first consultation free to ensure that you have all the information you need
to better understand your options before deciding if our services are the right fit for you
We offer apppointments in the comfort of your own home.
Meet with us at one of our conveniently located offices.
Flexible Skype and telephone appointments anywhere in Australia.
My Wife and I have been clients of Future Assist for over 5 Years, in which time they have brought all of our financial goals together to create a long team investment and tax minimisation strategy. What I really love about Future Assist is the transparency and feeling that all of the staff strive to continually make our financial situation better…