Smart tax planning strategies in Geelong to reduce your tax legally

For individuals, small business owners, and investors across Geelong, smart financial management starts with one crucial step—tax planning. At CD&G Accountants, we provide expert advice to help you make informed decisions before tax time, so you can reduce your tax liability legally, stay compliant, and retain more of your income.

Whether you’re approaching the end of the financial year or planning ahead, understanding how to structure your income, investments and assets can make a measurable difference to your financial outcomes.

Why tax planning matters for individuals in Geelong

Tax planning isn’t just for large corporations. Everyday Geelong residents, including employees, investors, retirees, and sole traders, can benefit from proactive tax strategies. By assessing your financial position, we can identify deductions, offsets, and timing strategies that align with your goals.

Some of the most effective legal strategies include:

• Prepaying expenses to bring forward deductions
• Maximising allowable super contributions
• Reviewing investment property deductions
• Timing capital gains to fall into lower-income years
• Structuring income across family members where appropriate

Our team at CD&G Accountants works with clients to ensure that they’re not missing legitimate tax-saving opportunities and are always prepared before lodging their tax return.

Capital gains tax planning in Geelong

Capital gains tax (CGT) can have a major impact on property investors, SMSF trustees, and business owners. Without the right timing or structure, you may be liable for significant tax on the sale of assets like property, shares, or businesses.

We help Geelong clients minimise CGT through strategies such as:

• Holding assets for more than 12 months to access the 50% CGT discount
• Timing asset sales for years with lower income
• Offsetting gains with capital losses or carried-forward losses
• Structuring asset ownership for tax efficiency

It’s important to get advice before you dispose of an asset. We review your financial situation and help you plan the timing and structure of any major sale so there are no surprises come tax time.

Year-end tax tips for maximum savings

For both individuals and businesses in Geelong, reviewing your tax position early can uncover tax-saving strategies that would otherwise be lost if left too late.

Here are a few year-end actions to consider:

• Reviewing business expenses and income timing
• Ensuring all receipts and records are accurate and complete
• Making additional super contributions before the EOFY deadline
• Finalising trust distributions where applicable
• Reviewing bad debts and writing them off if necessary

CD&G Accountants helps you prepare with a tailored action plan so you can lock in savings and stay compliant with ATO obligations.

Long-term benefits of a strategic tax plan

Effective tax planning isn’t just a once-a-year task. With the right advice, you can implement a tax strategy that improves your financial position over time. Whether it’s choosing the right business structure, planning retirement contributions, or setting up investment accounts in the most tax-effective way, a long-term strategy gives you control and clarity.

Our accountants take a proactive approach to long-term tax minimisation by:

• Reviewing your situation regularly, not just at year-end
• Adjusting strategies in response to life changes or legislation updates
• Integrating tax planning with broader financial goals

This ongoing relationship gives you peace of mind, knowing you’re supported by experts who understand your needs and are committed to optimising your outcomes.

Talk to CD&G Accountants about tax planning in Geelong

If you’re looking to reduce your tax legally, prepare for EOFY, or manage the tax implications of investments or asset sales, our team is here to help. CD&G Accountants provides reliable, personalised tax planning in Geelong for individuals, business owners, and investors.

Let us help you build a smarter tax strategy today. Contact us to book an appointment.