Is tax time taking your focus away from running your business? Do you know what your tax position will look like in 12 months? Most small business owners can answer the first question but not the second, and that gap is where cash flow problems, missed deductions, and unexpected bills come from.
At Webb Financial, we help Wollongong small businesses answer three questions with confidence: how much tax needs to be paid, who needs to pay it, and when it’s due.
We build tax planning into your accounting services throughout the year, so you are never scrambling at year end.
We review whether your business structure is set up to distribute profits and manage tax in the most efficient way, including how corporate tax rates, personal income tax rates, the Medicare levy, and dividend distributions apply to your situation.
We make sure you are claiming every eligible deduction across operating costs, employee salaries and wages, motor vehicle expenses, home office claims, asset depreciation, software subscriptions, stationery, tools, equipment, protective clothing, loan interest, and bad debts, with receipts and records to support each claim where required.
We advise on timing the purchase and installation of business assets such as computers, laptops, mobile phones, digital cameras, vehicles, and office equipment to take advantage of the ATO’s instant asset write-off and simplified depreciation pool rules.
We structure superannuation contributions across employer obligations, salary sacrifice arrangements, and personal deductible contributions to reduce taxable income while staying within ATO caps and thresholds. We also manage your super guarantee compliance, clearing house payments, and quarterly deadlines.
We identify which employee benefits trigger an FBT obligation and which qualify for exemptions, then structure salary packaging and benefits to minimise unnecessary cost.
When you sell business assets, shares, stock, property, or goodwill, we apply the small business CGT concessions (including the 15-year exemption, 50% active asset reduction, retirement exemption, and small business rollover) to reduce or eliminate the capital gain.
We keep your goods and services tax reporting, activity statements, and PAYG instalments on track, including advising on whether to vary instalments to improve cash flow.
We use strategies like deferring invoices, bringing forward deductible prepaid expenses, timing asset purchases, and managing trust distributions before 30 June to smooth your tax position across financial years.
Tax planning at Webb Financial is not a once-a-year conversation. It is built into our ongoing relationship with every business client.
We start with a comprehensive review of your current tax position, business structure, income, expenses, asset register, super arrangements, and compliance history. From there, we build a forward-looking strategy that maps out your estimated tax obligations for the next 12 to 18 months, so you always know what is coming and can plan your cash flow around it.
Throughout the year, we monitor your position and flag opportunities as they arise, whether that is bringing forward a purchase to claim the instant asset write-off, making an additional super contribution before 30 June, writing off a bad debt, or restructuring the way you pay yourself.
Before the end of each financial year, we schedule a dedicated tax planning meeting to review your position, model different scenarios, and act on strategies while there is still time. We also keep you informed of legislative changes that affect your business, like the current $20,000 instant asset write-off extension, the 12% super guarantee rate, and the removal of deductions for ATO interest charges from 1 July 2025.
We plan ahead so you are not reacting to a tax bill in October. Every business client receives a forward estimate of their tax position and a clear plan for managing payments, deductions, and concessions.
Our services are scoped and priced upfront on a fixed fee basis, so you always know what it costs. We never charge for ad hoc contact throughout the year, which means you are never hesitant about calling to ask a question about an invoice, a purchase, or a tax obligation.
Tax planning does not happen in isolation. Your tax position connects to your business structure, your lending, your super, and your personal wealth. At Webb Financial, we bring accounting, tax, lending, and financial planning together in one team so nothing falls through the gaps.
Our team is led by Andrew Webb, a Chartered Accountant with over 25 years of experience, including time at Deloitte. That depth of experience means we can handle complexity, whether you are a sole trader, a growing company, or a multi-entity group with trust distributions, dividend payments, passive income, rental properties, and capital gains to manage.
With offices in Wollongong (Level 1, 25 Atchison Street), Shellharbour and Ramsgate, we are accessible when you need us.
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Tax planning helps your business keep more of what it earns. Without a plan, you risk missing eligible deductions, paying more than you need to, or being caught off guard by an unexpected bill. A proactive approach means fewer surprises, stronger cash flow, and confidence that you are only paying what you owe.
02
The best time to start tax planning is at the start of the financial year. The second-best time is now. If your business has had a change in revenue, structure, or staffing, a review can uncover opportunities you may be missing. We recommend reviewing your tax position at least twice a year, with a dedicated session before 30 June.
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Tax planning uses legitimate deductions, concessions, and timing strategies that are built into the Australian tax system. Tax avoidance involves arrangements designed to gain a benefit in a way that is not consistent with the intent of the law. Read our business tax guide for more information.
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Company tax planning is the process of reviewing your business structure, income, expenses, and obligations to reduce your tax liability to the lowest amount allowed under Australian tax law. It involves claiming every eligible deduction, timing income and expenses strategically, using available concessions, and ensuring the right amount of tax is paid by the right entity at the right time.
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Companies that qualify as a base rate entity pay 25% on taxable income. To qualify, your company needs an aggregated turnover under $50 million, and no more than 80% of assessable income can be passive income, such as interest, dividends, rent, or royalty payments. Companies that do not meet these criteria pay 30%.
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Your first consultation is completely free. If you proceed, tax planning is included as part of your ongoing accounting package, priced on a fixed fee basis with no surprises. Visit our pricing page for more details on how our subscription approach works.
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Yes. While our offices are in Wollongong, Shellharbour, and Ramsgate, we work with business clients right across NSW and Australia. Our team uses Xero and cloud-based tools to manage your accounts remotely, and meetings can be held over video call or phone. Your first consultation is free, whether you visit us in person or connect online.
Whether you are looking for a full tax planning review, help with year-end strategy or advice on a deduction or concession, your first meeting with us is free.
Ready to get started? Complete our form below to get in touch, or call our Wollongong office on 02 4244 4054.
