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One of the most important areas of wealth maximisation is income tax planning. Proper tax planning can have a profound effect on cash flow management to best achieve client goals. We all have the ability to order our affairs in such a way as to pay the required amount of tax and no more. At Hamilton Hateley & Associates we consider ways to minimise or defer tax payments in the planning process. Typical Tax planning tools include:
Hamilton Hateley & Associates will review prior year tax records both for analysing the clients current financial condition and potential for improved results. In some cases it becomes obvious that amendments should be submitted to the Australian Taxation Office.