Tax

Pay your share — and not a dollar more

Reducing the amount of tax you pay is critical if you want to create wealth.

There are four basic ways to minimise your tax:

• Claim all the deductions you’re entitled to on your tax returns
• Structure your investments to reduce your tax payable
• Choose investment strategies that are tax-effective
• Buy and keep quality assets to avoid capital gains tax

Optimise your tax returns, find the best systems, use the best structures

Sometimes it seems that governments enact new tax laws faster than you can write a personal cheque. That’s why we stay up-to-date with all the latest changes and nuances in tax legislation.

We’ll make sure your tax returns are fully compliant but optimised to ensure you don’t pay more tax than you need to.

We can also recommend the best systems and business structures to help maximise and protect your wealth.

How to minimise your tax

It’s been said we should look after the pennies and the dollars will take care of themselves. This is true when it comes to minimising the tax we pay.

However, tax legislation is always changing, so it’s important to keep abreast of new opportunities.

Preparation, preparation, preparation

Appropriate tax planning can make a huge difference to your financial situation.

Many of our clients ask about ways to cut income tax, reduce capital gains liability, optimise Family Tax Benefits, or increase their cash flow.

We will guide you in the smaller ways of keeping receipts for expenses, making donations and choosing the best method to claim travel costs.

More importantly, we will help you grow by examining the bigger picture.

Some initial ideas

• Consider salary sacrifice to increase your after-tax income
• Know about different superannuation strategies, such as SMSF or a DIY super fund where you can control where your contributions are invested
• Consider pre-paying certain allowable expenses before the end of the financial year, and examining the timing of income derivation — both tactics can help save money
• Invest through negative gearing structures, and discover why the tax office approves of them
• Look into income sharing and distribution, perhaps by setting up trusts to maximise distribution and minimise tax

Get the personal touch

Together, we will help you decide what is best for you and suggest many more opportunities to minimise tax.

We are not just a cookie cutter accountancy firm. We examine your individual case on its merits and help you keep more of the income you earn.

Registered Tax Agents

We are registered tax agents, registered with the Tax Practitioners Board.

Testimonials for our work in taxation

“For more than a decade, Charbel of Capitaleyes has provided me with thorough, customised taxation advice that has been adapted to suit  my changing needs.

 I have also benefited from his personal approach and taxation wisdom and recommend his services strongly.”

Louise Carter
Padstow

“I have always, over many years, found the team at Capitaleyes to be highly professional in their handling of my tax, in financial advice and in brokerage when buying real estate.

“From our first contact on the phone, to consultations and advice, they are always pleasant and friendly, very knowledgeable in all money matters, and they put themselves out to gain the best outcome for their client.”

John Graff
Rozelle

“We pride ourselves on the details, so when our accountants and financial advisers ensure that the details are not missed, we know we are in safe hands. We appreciate the support of the Capitaleyes team over the years.”

George Hayek
Belfield

“Charbel and Georgia have looked after me for many years now and I still bless the day I walked into their office!  My finances are organised and I know that a personal interest is taken in my financial well being.  I look forward to the years ahead with Capitaleyes.”

Pamela Hubbard
Dulwich Hill

“Charbel and the team at Capitaleyes are accessible, friendly and reliable. They provide an efficient, high-quality service while still managing to maintain a very personal touch.

“I was given a warm and enthusiastic referral from one of their local business clients whose business acumen I respected. What sealed my becoming a client was the time and care that Charbel, the owner, gave me in our first interview, as well as the prompt and efficient handling of my affairs.

“I believe I have found an accountant who communicates, not simply by reciting compliance and technical terms, but by taking the time to listen to my situation, to help me think through my options, and to give me advice about moving forward in the direction I want.

“I am growing my business and from what I can see, Capitaleyes has the capacity and expertise to help me through my growth and to help me build sustainability in my business.”

Michael Kennedy
Personal Business Coach
AddsValue Training and Coaching
Dulwich Hill

“Charbel and the team at Capitaleyes are accessible, friendly and reliable.  They provide an efficient, high quality service while still managing to maintain a very personal touch.”

Jean Porteous
Hurlstone Park

” Thank you for the opportunity of providing feedback for services provided in the past. As you know, one receives these requests from time to time, and it is not always with enthusiasm that these are replied to. This is however certainly not the case with your business, as both myself and Linda have been impressed with the professionalism exhibited along with the quality of the outcomes in our dealings with Charbel and yourself.

Over the years we have come to rely on your services, essentially for taxation issues, albeit we trust and respect your advice on all routine matters we discuss and would not have any hesitation in seeking guidance or providing a recommendation regarding the use of your services in the future.”

Peter Knock
CEO Co-op Bookshop