Cash Flow Management and Tax Planning

The building blocks for successful financial advice. 

We invest the time upfront to understand your financial goals and create a wealth management plan to suit your individual needs. 

What is cash flow management?

Cash flow is the money coming in from income and going out from expenses on a monthly basis. Effectively managing your cash flow is critical to put you in control of your money rather than it being in control of you.

Cash flow and tax efficiency are the building blocks for most long-term strategic financial plans. 

Cash flow management and planning is one of the key foundations to your overall financial planning strategies now and into the longer term. How much you need to live on today is often not reflective of what you will need once you reach retirement. As you will have time on your side which may result in the desire to spend more funds on travel and lifestyle.

Smart Wealth Financial Solutions can assist with the following to get your cash flow in order.

  • Set up a cash flow framework and budget to manage your money.
  • Create a savings plan to achieve your financial goals.
  • Keep you accountable to your plan and help you to track spend and income vs budget<

What is tax planning?

Tax planning means a reduction of tax liability by the way of exemptions, deductions, and benefits. Tax planning allows a taxpayer to make the best use of the various tax exemptions, deductions, and benefits to minimize his tax liability every financial year.

We help our clients to build strategies that maximize the benefits of legal tax minimization whilst providing a reliable income. Efficient tax planning can help grow your investment capabilities.

Tax planning can involve:

  • Maximising your after-tax income
  • Remuneration packaging (salary packaging)
  • Capital Gains Tax (CGT) management
  • Gearing
  • Investing in shares that offer 100% franked dividends
  • Borrowing to invest
  • Small business and capital gains tax exemptions (particularly relevant to superannuation)
  • Generic tax planning advice
How can we help you?

Contact us at Smart Wealth Financial Solutions office or submit an inquiry online.

I am exceptionally happy with the quality of the advice and service that I continue to receive from Chris. Over the years I have been impressed with his breadth of knowledge and expertise, and his ability to deliver it in a simple to understand manner.

Tony Marshall
Long term client