Effective tax planning is essential for minimising tax liabilities and maximising financial efficiency. At Lemonade Beach, we provide expert tax planning services tailored to both businesses and individuals, helping you take advantage of tax-saving opportunities before the financial year ends.
Waiting until tax time to consider your obligations can mean missed opportunities to reduce your taxable income. Our proactive tax planning process takes place between April and May, allowing you to:
We recommend completing tax planning by early June to ensure you have time to implement any recommendations before the financial year closes.
Our year-end tax planning service is an additional service to our regular tax return processing service.
Our customised approach to tax planning begins with us gaining an understanding of your financial goals. Our expert team will:
By taking a proactive approach, we help you stay in control of your cash flow and avoid surprises at tax time.
Tax planning isn’t just about reducing tax – it’s about making informed decisions that support long-term financial success. Depending on your circumstances, our strategies may include:
If any of these areas apply to you, early planning can help you retain more of your hard-earned income.
Not every business or individual requires year-end tax planning, and we don’t push services unless they add value. However, if you have complex financial arrangements – such as business sales, investment properties, or significant income fluctuations – strategic tax planning can lead to substantial savings.
We also offer tax planning year-round, especially for major financial events that require careful consideration.
Following your tax planning session, your Lemonade Beach accountant will provide:
With this clarity, you can decide on the best timing for lodging your return. If you expect a tax bill, you may choose to defer your return (with registered tax agents, you may be able to extend lodgement to May the following year). If you’re due a refund, we can process your return swiftly so you receive your funds sooner.
The ATO typically processes tax returns within two weeks, so having a strategy in place ensures a smooth experience.
At Lemonade Beach, we take a strategic and personalised approach to tax planning, ensuring that you’re not just meeting your compliance obligations but also maximising your financial position.
Our experienced team goes beyond the basics, offering tailored advice that aligns with your business goals, investments, and long-term wealth strategies. We stay up to date with the latest tax laws and concessions to help you identify savings opportunities and minimise liabilities, all while ensuring full compliance with ATO regulations.
With transparent pricing, expert guidance, and a commitment to your success, Lemonade Beach is your trusted partner for smarter, more effective tax planning.
Book a Consultation Today!
Now is the time to take control of your tax strategy! Book a tax planning session today and let’s make your money work smarter.
07 3473 1990
Visit our Appointments page or click the links below to book a no-obligation new client enquiry call where we’ll discuss your needs and how we can help you moving forward.
*Free enquiry call is for new client appointments only
Q: Is tax planning only for businesses?
No, tax planning is beneficial for both business owners and individuals. If you have investment properties, capital gains, trust income, or other complex tax situations, tax planning can help you optimise your position and avoid unnecessary tax liabilities.
Q: Do I need tax planning every year?
Not necessarily. Some clients require tax planning annually, while others may only need it when making significant financial decisions. At Lemonade Beach, we assess your situation and only recommend tax planning if it provides clear benefits.
Q: How does tax planning differ from tax return preparation?
Tax planning is a proactive process that helps you prepare for the financial year end ahead and minimise your tax burden. Tax return preparation, on the other hand, is a reactive process that involves reporting your income and expenses after the financial year has ended.
Q: Can tax planning help with capital gains tax (CGT)?
Yes! If you’re planning to sell property, shares, or a business asset, tax planning allows us to calculate the estimated CGT in advance and explore options to reduce your tax liability, such as eligibility and access to small business CGT concessions.
Q: When is the best time to do tax planning?
For year-end tax planning, we recommend starting between April and May so there’s enough time to implement strategies before 30 June. However, for larger financial decisions, such as selling a business or restructuring, tax planning can be beneficial at any time throughout the year.
Q: What is the cost of your tax planning services?
Since tax planning is not necessary for every client, we price it separately from our general tax return processing services. This ensures flexibility – you only pay for what you need.
To receive a personalised quote or discuss how our tax planning services can benefit you, contact us today.
