Taxation Planning and Management for your Business

The best time to implement taxation management strategies is prior to starting a business or before undertaking any activity that may trigger an income tax or capital gains tax liability. This allows a full range of strategies to be considered, including selecting the most appropriate business or asset holding structure as well as timing key events to manage the amount of taxation that is involved.

Strategic taxation planning is essential not only to manage tax liabilities, so you don’t end up paying more tax than necessary, but also to stay compliant and plan your cash flow more effectively.

Rands Advisory Group can help you incorporate other considerations into your taxation management strategies, such as asset protection, wealth creation, succession, and estate planning.

In some cases, the transaction or activity with taxation consequences has already taken place. When that happens, it is Rands Advisory’s role to identify any available liability management strategies and make sure nothing is overlooked. This may involve accurately calculating the tax payable and ensuring all applicable elections, offsets and concessions are identified and applied.