The act of income tax planning and its subsequent preparation is no easy job. As a business owner, you already have your own set of obligations and responsibilities to manage. Again focusing on income tax planning and preparation would only add on to your stress. Then, why not hand over the task to a team of ingenious professionals?
We at Palladium Financial Group can definitely provide you with the best assistance in this regard. Our specialists ensure that clients don’t have to face the brunt of uncommon taxing liabilities.
Who we help?
We pride ourselves for securing a massive client base within a short period of time. Our customers include people pertaining to the following categories:
Palladium Financial Group has a team of exceptionally talented income tax specialists to help you comply with all your potential taxing liabilities. We provide profitable income tax advice based on years of experience to all of our clients. This way we help our clients in managing and safeguarding their everyday investment, finances and their pertinent estate management etc. We are providing services both in personal income tax planning and business income tax planning.
We are an authentically certified financial planning company in Perth. Every Income tax consultant from our team is trained by astute Industry professionals. We’re currently providing the following services to our clients.
An income tax planner from our excellent team will ensure absolute peace of mind for you through their valuable services. Our specialists are well skilled in understanding your unique requirements first. After understanding your pertinent financial objectives, they will devise personalised strategies and techniques. Our chief objective is to ensure the choicest income tax planning for our clients based on astute knowledge. Palladium Financial Group can help you to manage your taxes by providing you unparalleled income tax planning services in Perth.
Income tax planning involves using legal strategies to minimise the amount of tax you pay while staying fully compliant with the ATO. Effective planning ensures you claim all eligible deductions, use the right tax structures, and time income or expenses strategically to reduce liabilities. It can lead to significant tax savings and improved cash flow for individuals and businesses alike.
Everyone can benefit from tax planning, but it’s especially important for business owners, investors, high-income earners, and people with multiple income streams. Strategic tax advice ensures you don’t pay more tax than necessary, avoid common errors, and make smarter financial decisions throughout the year—not just at tax time.
Palladium Financial Group offers a full suite of tax planning services, including:
Income tax strategy and advice
Tax-effective business structuring
CGT and investment planning
Maximising deductions and offsets
Superannuation and retirement tax planning
ATO compliance and reporting
Our Perth tax accountants provide tailored strategies to help you save tax and grow wealth confidently.
You can reduce taxable income through methods such as:
Claiming all legitimate deductions and tax offsets
Using super contributions strategically
Deferring or bringing forward income or expenses when appropriate
Choosing the right business structure
Investing in tax-effective assets
Working with a qualified tax accountant ensures you’re maximising savings while staying ATO-compliant.
The best time to plan is well before the end of the financial year. Starting early gives you more opportunities to apply tax-saving strategies, manage cash flow effectively, and avoid rushed decisions in June. Ideally, schedule a tax planning review between March and May with your accountant.
Eligibility depends on your income type, occupation, investments, and structure. Common deductions include:
Work-related expenses (home office, travel, tools)
Investment and rental property expenses
Super contributions
Donations and self-education costs
Tax offsets may include low and middle income offsets, franking credits, or super-related offsets. A tax advisor can help identify every deduction relevant to your situation.
Your business structure determines how your income is taxed, what deductions apply, and how profits are distributed. For example:
Sole traders pay tax at individual rates
Companies pay a flat corporate tax rate
Trusts distribute income to beneficiaries strategically
Partnerships share income between partners
Choosing the right structure is critical for minimising tax and protecting assets.
Capital gains from selling assets (e.g. property, shares, business assets) are added to your taxable income for that year. Depending on the asset and how long it’s held, CGT discounts or concessions may apply. Proper planning can help reduce or defer CGT liabilities—especially for small businesses using CGT concessions.
Yes, if you have overseas income, investments, or assets, cross-border tax planning ensures compliance with both Australian and foreign tax laws. It can prevent double taxation, manage exchange rate impacts, and structure assets tax-effectively. Our accountants provide tailored advice for Australians with international financial interests.
The key is to plan ahead, keep accurate records, and work with registered tax professionals. We help clients structure income correctly, claim legitimate deductions, and file all obligations on time. This ensures you minimise tax legally while avoiding audits, penalties, and compliance risks.
Would you like to speak to one of our financial advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.
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