Inspire is well known for its famous Tax Planning service.
Tax planning is a proactive process whereby an accountant will sit down with a business owner prior to the end of the financial year and explore every available strategy to legally reduce your tax.
Unfortunately not many accountants proactively do a tax planning process with their clients and as a result, small business owners pay millions in tax that they don’t need to. Remember that paying tax means that you are earning profit so the goals isn’t to pay ZERO tax, but rather the intention of proactive tax planning is to ensure you don’t pay a dollar more than you need to.
Popular tax planning strategies that will save business owners tax include:
When you are a client of Inspire, Tax Planning happens in April, May and June of each year. While you will make a small investment into our tax advice and lodgment service, we aim for our services to pay for themselves in tax saved. Tax Planning is the time of the year and the way that we have saved our clients on average $27,416 in tax in 2016.