Individual Taxation
Personal Tax Planning
The best time to manage your tax is before 30 June, not after. We review your position and explain the legitimate options available to you.
Overview
How we can help
Tax planning isn't about schemes or aggressive strategies. It's about understanding your likely position before the year ends, so you can make sensible, legal decisions about timing, contributions and investments.
We estimate your tax for the year, identify options relevant to you and explain the trade-offs. Where a decision involves financial product advice, we'll recommend you speak with a licensed financial adviser.
What's Included
Our personal tax planning service
Year-end tax estimate
Your expected position before 30 June.
Timing of income and deductions
Whether bringing forward or deferring items makes sense.
Super contributions
How concessional contributions interact with your tax.
Capital gains planning
Timing of disposals and using available capital losses.
Investment structure
How ownership affects the tax on investment income.
Plain-English summary
Clear options with the trade-offs explained.
Good to Know
Key things to know
Official sources
- 01
Prepaid expenses
Individuals can generally claim some deductible expenses prepaid for a period of up to 12 months that ends before the next income year, subject to the prepayment rules.
- 02
Concessional contribution caps
Personal deductible and employer super contributions count towards an annual concessional cap. Contributing more than the cap can result in extra tax, so check your position first.
- 03
No guaranteed outcomes
Legitimate tax planning depends on your circumstances. Be wary of any scheme that promises guaranteed tax savings.
- General information only, current at the time of writing. Rules change — please confirm how they apply to you.
FAQs
Common questions
General information only. Your circumstances may differ — contact us for advice specific to you.
When should I start tax planning?
Ideally in April or May, which leaves time to act before 30 June. Some decisions, such as super contributions, need time to process.
Can you recommend investments or super funds?
We can explain the tax implications of your options. Recommendations about specific financial products need to come from a licensed financial adviser.
Is negative gearing worth it?
Negative gearing reduces tax on a loss, but you're still losing money in that year. Whether it suits you depends on your overall finances and investment goals.
Enquire
Ask about personal tax planning
Tell us briefly what you need. We'll reply to arrange a time to talk and confirm the fee before any work begins.