We are Working for You, Not the Tax Man

We focus on minimising an individual’s or business’ income tax using legitimate planning techniques and the use of Discretionary or Unit Trusts where appropriate. Whether an individual or a larger business group, our taxation experts can create the most effective arrangement to ensure you pay the least amount of tax possible

It is always the aim of 2020 Financial Solutions to reduce the tax burden of its clients. A family group can often achieve a reduced total tax bill by correct strategic tax planning. Often this can be as simple as spreading the income between all the family members and other entities within the group.

Tax planning can involve such factors as:

• Reducing your after tax income
• Maximising the deductions you (and your business) are entitled to
• Remuneration packaging (salary packaging)
• Capital Gains Tax (CGT) strategies
• Gearing
• Investment Strategies
• Investing into Agri-products (i.e. tax effectives)
• Borrowing to invest
• Small Business and capital gains tax concessions and exemptions
• Ensuring your entitlements to government concessions and rebates are maximised

We use strategies and structures to achieve this such as:
• SMSF’s
• Family Trusts
• Bucket Companies
• Everitts Assignment
• Terms Contracts of sale
• In specie Transfers

To name just a few…..

2020 Financial Solutions now offers a “Triple Wealth Creation Advantage” when it comes to your 2010 tax planning and overall wealth creation goals that is rare to find in a financial services firm. 

First we have an experienced team of financial planners who can maximise wealth through use of a self managed super fund.  Secondly we have a dedicated, knowledgeable team of accounting staff who can implement strategies using your SMSF, your business and your personal family situation to achieve the best tax position for you.  Thirdly, we have an in – house legal team to ensure that all documentation for implementing the best tax planning strategy for you is in place. 

The ability to prepare a total wealth creation strategy “in house” means that 2020 Financial Solutions can achieve results that an accountant, solicitor and financial planner working independently would find harder to achieve. 

Why not talk to us before the end of this financial year to see how we can help you tax plan.