Navigate Your Tax Landscape
Effective tax planning is essential for small to medium businesses seeking to stay compliant, manage obligations, and support long-term financial health.
At The Garis Group in Newcastle, we help clients navigate complex tax requirements with confidence through structured, practical strategies. Our tax planning services include accurate preparation, proactive planning, and streamlined filing processes that align with current ATO regulations and business goals. We prioritise clarity and compliance to help you avoid common pitfalls and operate with greater peace of mind across every reporting period.
In addition to tax planning, our team supports businesses with bookkeeping, compliance advice, and business advisory services, creating a more integrated approach to long-term success. We tailor every plan to your structure, stage of growth, and future direction. Whether you're aiming to reduce risk, forecast liabilities, or improve your processes, we’re here to provide reliable guidance.
Call The Garis Group today on (02) 4969 4699 to learn how our tax planning services can support your business in Newcastle, Sydney, the Hunter Valley, or remotely across Australia.
Why Choose Us?
Our tax planning services are tailored to small to medium businesses seeking clarity, compliance, and proactive financial control. We focus on building strategies that address obligations and reduce unnecessary risk while supporting long-term financial stability and informed decision-making.
- Comprehensive tax knowledge
We stay across current tax regulations to develop compliant, forward-thinking plans for your business and help manage ongoing obligations with confidence. - Tailored tax strategies
Every approach is designed around your structure, goals, and stage of growth, with flexibility to adapt as your business evolves. - Reliable lodgement & timing
We help ensure that BAS, IAS, and EOFY reporting are accurate and submitted on time, reducing the risk of penalties or oversights.
We collaborate with businesses to create practical plans that align with day-to-day operations and long-term financial direction. Whether you're working toward growth, improving oversight, or simply wanting greater consistency across reporting, our advice is designed to support your business with clarity and care.
Frequently Asked Questions
What is tax planning, and why is it important?
Tax planning involves evaluating your financial situation to minimise tax liabilities while confirming compliance with tax laws. It includes strategies like income deferral, tax deductions, and choosing the right business structure to optimise tax outcomes. Effective tax planning helps businesses allocate resources more efficiently, manage cash flow, and reduce the financial burden of tax payments. For individuals, it can support long-term financial goals like retirement planning or wealth building. Tax laws are complex and subject to change, making professional guidance essential to navigate regulations and identify opportunities for savings. A proactive approach to tax planning can provide significant financial benefits over time.
What is the difference between tax planning and tax preparation?
Tax planning is a proactive, year-round process that focuses on strategies to reduce tax liabilities and optimise financial outcomes. It involves forecasting income, identifying deductions and credits, and structuring transactions for maximum tax efficiency. Tax preparation, on the other hand, is the process of compiling and filing tax returns accurately based on past financial activities. While tax preparation confirms compliance with regulations, tax planning focuses on strategic decisions that affect future tax obligations. Both processes are crucial for effective tax management, and working with professionals can result in accurate filings and well-structured plans that align with your financial objectives.
How can businesses benefit from professional tax planning?
Professional tax planning helps businesses identify opportunities to reduce tax liabilities and improve financial efficiency. Professionals can guide businesses on allowable deductions, available credits, and strategic tax deferral options. They can also assist in structuring the business to optimise tax outcomes, whether through entity selection, asset management, or timing of income and expenses. Professional advice confirms compliance with ever-changing tax regulations, reducing the risk of penalties or audits. By working with a tax professional, businesses can align tax strategies with broader financial goals, freeing up resources for growth and operations. Tax planning is an investment in both compliance and profitability.
