Right Tax

About

Your Personal Tax Accountant

Not everyone has the same tax needs, and Right Tax treats every single person who walks through our door with exceptional personalised service to meet your unique needs.

Annual Tax Returns

Right Tax will take all the pain and frustration out of your annual tax return and ensure that we do the best possible job for you at all times.

Right Tax look for every deduction and tax benefit available for your circumstance, and are proactive in our approach to this annual task.

Right Tax offer a professional review service of past years lodged returns, as there are times you or your previous tax accountant just may have missed some legitimate deductions. Should this be the case, then you are eligible for a further tax refund.

Many people invest in various channels such as the Stock Market and have investment properties, and our team are up to date with the latest strategies and knowledge in order to maximise your refund (or minimise any tax payable).

Tax Planning

It's never too early or too late to begin actively planning your tax. Legal tax strategies can be used to make significant wealth creation changes for you and your families financial future.

Our team at Right Tax will delve into several areas that may be of great importance to your needs:

1. Increased tax deductions

2. Decreased annual income

3. Income diversion and rebates

4. Tax planning vehicle investigation

Tax planning being a complicated and forever evolving system must be treated with the respect that it deserves, and we strongly suggest that professional advice be sought.

Asset Protection

Life brings us unexpected events that has the potential to take our hard earned assets from you and your family. By planning in advance, you can mitigate the risk of these events taking your wealth from you.

Asset protection is not just for the rich, it's something that is available to all. Effective strategies can be put in pace before your wealth is even created.

The key areas for asset protection:

1. Insolvency and bankruptcy

2. Divorce

3. Death

Right Tax can assist you in protecting your assets, ask us how.

Salary Sacrificing

The basics of salary sacrificing is that you agree to forego a portion of your salary/wage in return for your employer providing certain benefits of a similar value.

Some examples of benefits might be things such as:

Superannuation

Vehicle fringe benefits

Loan repayments

Do note that not all employers offer these agreements.

The Right Tax team can help you understand what options just may be available to you with your salary package. Ask us for more information.

Negative Gearing and Investment Property

Right Tax is well versed and up to date with the latest negative gearing strategies so we can help you with your investment property tax planning and deductions. We'll work with your unique circumstances and provide you with options that could deliver you effective tax minimisation, and maximising any refunds available.

Financial Statement Preparation

If you are a sole trader, in a partnership, company, trust or a SMSF, then we have you covered. Our prompt and in depth review and preparation of your financial statements have several positive outcomes such as:

Maximised valuation or sale price of your business

Positioning your business to raise finance from banks or other lenders

Identification and improvement of your business performance

Business Advice

There are times when you need external help in order to identify areas of your business that are holding you back or limiting your growth. At Right Tax, we can work closely with you to uncover such turning points.

There are various situations that Right Tax can help you with, including but not limited to:

Profit maximisation

Increased sales

Increasing the value of your business

Business planning

SWOT analysis