Tax planning is comprised of much more than simply finding tax deductions. Our experienced accountants will discuss where your business is currently, where your business is going, and how you plan to get it there. We’ll get to know you and your attitude towards employment, risk, business, and other matters. We can cut through all the hype and financial jargon to keep everything as simple as possible and ensure you don’t get lost in unnecessary complexity. Our tax planning approach is to do whatever we legally can to reduce the amount of tax you have to pay, but keeping due regard to trade-offs. So you can make an informed decision, your Medvisor accountant will tell you what you can expect.
Taxation Planning
Tax Effective Business Structures
Different structure types provide opportunities as well as create complexity. Depending on your situation, you may select one or a combination of business structures.
Purchasing Company Cars
We discuss and educate clients to understand the tax complexities and benefits of buying a car on either a business or individual name.
Employment of Relatives
Depending on business structures and other factors, employing a spouse, parent or other family members could provide several tax advantages.
Negative Gearing
A property is negatively geared when the rental return is less than your interest repayments and outgoings. We can assist you with gearing your investment.
Overseas Employment
Thinking about working overseas? You need to understand the tax law of the new country, and whether you’re still an Australian resident for tax purposes.
Living Away From Home Allowance
You may need to compensate employees for additional expenses incurred and any disadvantages suffered if their duties require them to live away from home.
Meet the team
Our commitment to excellence is evident in our hardworking team and the exceptional service we offer. The Medvisor team strive to form close partnerships with our clients. This enables us to understand your unique situation and customise the assistance we provide to suit your unique requirements. Our enthusiasm for our work means you get a friendly team of professionals eager to use their expertise to help you succeed!