Tax Planning, Strategies That Work for Your Business
Tax planning is not a once-a-year conversation. It's an ongoing strategy that ensures your business structure, distributions, and timing are all working to minimise your tax liability and maximise your cash flow, legally and effectively.
At Glide Accounting, we work with businesses across Australia to develop tax strategies that match their size, structure, and growth plans.
Whether you're a sole trader looking to optimise deductions, a company reviewing distribution strategies, or a group restructuring for efficiency, we help you plan ahead, not scramble at EOFY.
What Tax Planning Covers
Structure review
Is your current structure (sole trader, company, trust, partnership) still the most tax-effective for your situation?
Cash flow forecasting
Project your tax position for the next 12 months so there are no surprises.
Distribution planning
Optimise how profits flow to business owners to minimise tax liability.
Capital gains planning
Timing and structuring asset disposals to minimise CGT.
Deduction strategy
Identify legitimate deductions you may be missing and plan the timing of expenses.
Multi-entity optimisation
For group structures, ensuring entities are working together tax-efficiently.
Super contributions
Maximising concessional contributions as a tax-effective wealth strategy.
Growth planning
As your business scales, ensuring your tax strategy scales with it.
Book Your Tax Planning Session Now
Ready to start you tax planning? Book a session
Tax Planning Session
What is required to carry out a tax planning meeting
Software is reconciled
All assets and liabilities have been recorded
Ensure Creditors information – ATO, credit cards, business loans and suppliers are accurate
Identify any new or additional investment or expenses are required in the business and quantify and pick a timeframe as to when the investment will be made
Estimate the income for the following months to 30 June
Identify any major expenses due in the months leading up to 30 June
Summary of personal taxable income and expenses for that financial year
Tax planning is a session with an accountant that happens before tax time.
It helps you prepare for tax time to make sure you get the best possible outcome for your business.
Who is it for?
Estimate the profit of your business for the year
Estimate the taxable income of shareholders / directors / principals
Estimate the amount of income tax payable for this year, and the amounts and timing of tax instalments for next year
Determine the optimum mix of gross salary (and corresponding PAYG withholding) and superannuation contributions to be paid this year
Consideration of income tax planning initiatives and strategies that may be undertaken to minimise income tax for the year
Considering making a big business decision like employing more team, renting an office space, buying a business vehicle or office space
Identify any problematic issues that the business is facing which may require us to work through with you later as a separate engagement
When is the best time to book a tax planning session?
Generally for tax strategies anytime between April to early June or before making any major growth or business investment decisions.
When Should You Start Tax Planning?
July – September
Post-EOFY review, what worked, what didn't, and what to change.
October – December
Mid-year check, are you on track? Do you need to adjust contributions, timing, or structure?
January – March
Pre-EOFY planning, final strategy decisions, timing of expenses and income.
April – June
Execution, implementing the plan before 30 June.
Who Benefits from Tax Planning?
Sole traders earning above $100k who may benefit from a company or trust structure
Business owners reviewing distributions, dividends, and salary mix
Companies preparing for growth, acquisition, or restructuring
Trusts needing distribution planning and streaming strategies
Anyone who was surprised by their last tax bill
How We Work
Tax planning at Glide isn't a generic checklist. We sit down with you (in person or via Zoom), review your current position, model different scenarios, and build a strategy specific to your business. Then we check in regularly to keep it on track.