Tax minimisation

Proper tax planning can turn your business into a powerhouse

Liston Newton Advisory
Liston Newton Advisory is rated 4.8 from 32 reviews
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How we help you

A wealth of experience

With 40 years of experience, we know the most effective ways for you to structure your business to meet your goals.

Full range of services

We're more than capable of handling all your finances. We take a holistic approach to accounting, so we provide a full range of services.

Long-term partnerships

Tax planning is about working towards your long-term goals; we want to see you exceed them. We’re with you for the long haul.

Leading industry innovation

Technology has changed what's possible in accounting. We're always up to date with new technology, legislative changes, and industry updates.

Make the most of your efforts with our tax minimisation accountants

Whether you own a family-run small business or run a subsidiary of an established company, you’ll have invested years of your life into establishing and sustaining it. If all goes well, you’ll be investing years more. You deserve to reap the rewards for what you’ve sown.

With over four decades of experience at our backs, our specialists can help you untangle knotty tax regulations to understand how to minimise your obligations and maximise your rewards. 

But we offer far more than just advice. We’ll help you strategise and restructure your business into a perfectly efficient, tax-effective machine.

But first — a consultation. Tailored strategies always work best, so join us for a coffee and let’s discuss what we can do for your business.

Accountant greeting a client

Effective tax planning is more than just minimisation

One of the great tragedies we see time and again is ambitious business owners and entrepreneurs with strong ideas getting hamstrung by poor tax planning. Minor planning mistakes compound over the years, crippling promising businesses.

Read through our case studies (a few of which are below), and you’ll see that we’ve turned the poor fortunes of several businesses around.

Tax minimisation strategies are about far more than splitting hairs on tax deductions. There are so many ways to optimise a business to minimise its ATO obligations while remaining perfectly compliant.

We conduct tax planning meetings with each of our clients before 30 June each year to keep you ahead of the curve and make decisions before it's too late. We build tax planning strategies for both the short term (next 12 months) and long term (next five years).

  • Tax minimisation strategies
  • Regular tax planning meetings
  • Short-term 12-month and long-term 5-year plans
  • Business tax checklist
  • Expense mapping and planning
  • Business structure planning
  • Asset restructuring
  • Corporate tax planning

Seeking expert counsel makes good business sense, doesn’t it?

Talk to us today

An award-winning Australian accounting firm

SMSF multi service firm of the year awardSMSF customer service firm of the year awardIfa innovator of the year awardIfa holistic adviser of the year award

Judge us by the company we keep

We have been recognised and accredited by several accounting bodies and authorities.

“This wouldn’t have been possible without Liston Newton Advisory”

Kieran Liston and the Liston Newton team have been assisting me with my accounting matters since 1976. For the past 47 years, Kieran and the Liston Newton team have provided reliable accounting assistance, which has allowed me to focus on my business in primary production.

Their exceptional service has consistently exceeded my expectations and made me feel that they truly care about my financial well-being.

Brian Downes

Liston Newton has given me really helpful guidance over the years for both my business and my personal finances. When you have an accounting team that you trust to give the right advice, it gives you the confidence to focus on growing your business and doing the things you love.

Kate Nixon
Founder, Kat The Label

Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.

Peter Luskan
Pandora

Free financial advice makes for a real page-turner

After forty years in the financial services industry, tax advice is only a fraction of our expertise. We’ve worked without businesses of all sizes in practically all major Australian industries, helping them survive through the most tumultuous economic periods in recent history. We’ve also worked with countless individuals to protect and grow their personal wealth.

And now, we’d like to share our advice for free. 

These downloadables will prime you with essential knowledge. For bespoke advice and assistance, you know how to reach us.

Our partnership will be built on respect and trust

A business like ours does not survive for as long as we have without understanding what a partnership truly is. Efficiency and reliability are the hallmarks of any solid business, but we strive to deliver more.

What we aim to build with each of our clients is a long-term relationship. Once you’ve partnered with us, you’ll see that we treat your business as if it were our own, investing our time and energy year-round to proactively plan, adjust and refine strategies to make sure you’re always in the best shape possible.

The benefits of our partnership

  • 40 years of industry experience
  • Award-winning financial services
  • Guaranteed ATO compliance
  • Xero Platinum partner
  • Tailored business advisory services

Meet our tax experts

Our 3-step process for achieving financial freedom

We have developed a unique approach to accounting. All our services are part of an overall strategy designed to move your business through the different stages of growth. We call our method Get Set, Get Moving, Get Free.

Get set

Let’s work on your business fundamentals. We’ll stabilise your operations, minimise risks and repair and fortify processes.

Get moving

With your business in a good place, we’ll take it to a great place by restructuring, automating, systemising and strategising.

Get free

Now it’s time to work on your personal finances. Let’s explore how we can secure a safe and comfortable future for you and yours.

“This wouldn’t have been possible without Liston Newton Advisory”

Our locations

We have six offices across the east, from which we can provide accounting services for metropolitan and regional businesses alike. Rest assured that our services are available to you no matter what state or territory you’re based in, and we’ll gladly make the trip over for a handshake, coffee and a consultation.

Take a minute to learn something important

Frequently asked questions

What is the most effective way to minimise tax?

Long-term tax planning is the most effective way to minimise your tax and requires a combination of strategies to maximise your savings.

A key part of long-term tax planning is ensuring the right structure for your business and personal assets. The amount of tax you pay can be significantly different if you choose to run your business as a sole trader, a trust, or a company.  

In addition, it's important to plan where your personal assets are held, where you invest your money, and ensure you take advantage of strategies such as negative gearing and making personal superannuation contributions.

We’ve written a more in-depth guide for you if you’d like to learn about tax minimisation strategies.

How can superannuation help me minimise tax?

Your superannuation contributions are tax-deductible; they reduce your business's overall profits and taxable income.  

As a business owner, you can contribute directly from your business and claim a tax deduction as a business expense.  Alternatively, you can make personal super contributions and claim the tax deduction in your personal tax return.

You also get generous tax benefits, including:

  • If you're under 60, any income you earn in your super is taxed at a reduced rate of 15%, and capital gains are taxed at just 10%.
  • If you retire after age 60, you won't pay any tax on the income from your super, on any capital gains, or the money you take out of super.

Let us teach you more about how to use superannuation to minimise tax.

Which tax deductions are best for minimising tax?

Income tax deductions are a great way to minimise the amount of tax your business is required to pay. We consider this short-term tax planning, as you can make these decisions within the financial year.

There are some effective tax minimisation strategies you can put in place now that will help reduce your tax burden come 30 June. These include:

  • Contributing more to your super
  • Bringing forward next year's expenses
  • Distributing your income in a more effective manner
  • Making large (necessary) asset purchases now, rather than waiting
  • Delaying invoices to the next financial year

However, tax deductions are just one part of the tax minimisation puzzle. By utilising smart short-term and long-term tax planning, you can ensure your tax bill is always kept as low as possible.

To learn more, you might like to read our guide with tax planning tips for small businesses.

Enough reading. Let’s talk.

Let us know what’s on your mind, and we’ll set up a consultation.

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