Tax Planning

Are you maximising your opportunities in relation to taxation? We can work with you and your accountant to ensure you are aware of all taxation strategies that may be available to you.

For example, salary sacrificing into superannuation can make a significant difference to your taxable income and final superannuation balance at retirement.

What is salary sacrifice?

Salary sacrifice is an arrangement between you and your employer, which involves giving up part of your pre-tax salary in exchange for an alternative benefit, such as superannuation contributions.

Arranging a salary sacrifice may be beneficial to you. However, salary sacrifice into superannuation needs to be looked at carefully, as there are some important issues to consider.

In May each year the Government announces their Federal Budget for the year. This contains a number of changes to the taxation system which are often very complex. We can analyse the changes to ascertain which ones apply to you and your financial situation and make sure you are aware of them and make any necessary adjustments to your financial plan.

Notice regarding the following services

With regards to Business Planing, Tax Planing and Home & Investment Lending we will work in conjunction with our specialists in this area or your accountant and / or solicitor. Legal and Accounting services offered by specialists in these areas are not authorised by GWM Adviser Services and GWM Adviser Services are not responsible for the services provided by the companies we may refer you to.