June 30 is just around the corner—and that means it’s tax planning season. For small business owners, sole traders, and individuals alike, this is the time to take a step back, review your numbers, and make smart decisions before the end of the financial year.
At Amarose Accounting, we’re already booking in tax planning sessions—and spots are filling fast. If you want to reduce your tax legally, boost your business performance, and feel confident heading into the new year, now’s the time to act.
What Is Tax Planning (and Why Does It Matter)?
Tax planning is more than just crunching numbers. It’s about looking at your full financial picture—your income, expenses, structure, super, and goals—and making informed decisions before the financial year ends.
With the right planning in place, you can:
- Reduce your tax bill
- Take advantage of deductions and offsets
- Time purchases for maximum tax benefit
- Top up super contributions before cut-off
- Prepare for tax changes coming in 2024–25
- Strengthen your cash flow and budgeting for the new year
It’s also a great time to check in on your business performance and set yourself up for a stronger year ahead.
Who Should Book a Tax Planning Session?
Tax planning isn’t just for large businesses—it’s for:
- Small business owners
- Sole traders
- Company directors
- Property investors
- Anyone with multiple income streams
Whether your business is thriving or going through a quiet patch, tax planning gives you clarity and control over what’s coming next.
EOFY Is Not the Time to Wing It
Too many business owners wait until July to sort out their finances—and by then, it’s too late to make any changes.
A quick check-in now could save you thousands. Think of it as future-proofing your finances.
At Amarose, our tax planning sessions are tailored to you. We look at:
- Business structure
- Profit forecasts
- Super contributions
- Capital purchases and write-offs
- Dividends and director payments
- Timing strategies to reduce tax
We’ll also flag any changes you need to be across for the 2024–25 financial year, including super, PAYG, and trust distribution rules.
Let’s Get Ahead—Together
We know EOFY can be stressful. But it doesn’t have to be. By booking your tax planning session early, you’ll:
- Know exactly where you stand
- Have time to make changes
- Avoid nasty surprises in July
- Finish the year with confidence