Box Advisory Services

Small Business Tax Planning Services

Our team of small business tax accountants will be able to help you with your small tax planning to reduce your tax liability and enjoy increased profitability

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What are the Benefits of Tax Planning for your Small Business?

Tax planning is an integral part of all small businesses.

This involves assessing your small business’s financial situation, particularly with profit or loss, to enable you to make appropriate tax planning strategies. Tax planning offers a range of benefits, such as:

Reduce your tax liability – our small business tax accountants can maximise your deductibles to help minimise the amount of tax you have to pay
Improved forecasting – knowing where your business’s financial position helps with seeing the bigger picture of your business to identify opportunities and addressing shortcomings
Increased investment opportunities – reduction of tax paid will result in increased cash to invest in your business

Benefits of a Small Business Tax Accountant for Tax Planning

Engaging in a specialist tax accountant who focuses on small businesses ensures that you are gaining very specific expertise that is relevant to your industry and business.

Box Advisory Services’ small business tax accountants are Chartered Accountant qualified and armed with the most up-to-date knowledge.

In turn, we can help you navigate complex tax laws and identify government incentives on offer that your small business may be able to take advantage of.

How Our Small Business Tax Planning Works

We start with your results for the year so far and project them to 30 June. That gives an estimate of the tax the business, and you as its owner, are likely to face, while there is still time to act on it.

It suits sole traders, partnerships, companies and trusts with a profitable year under way, owners thinking about a large purchase, and businesses whose profit has changed a lot from last year. Trusts also need their distribution resolutions made by 30 June, so we cover those in the same conversation.

Common topics include the timing of equipment purchases, super contributions for you and your staff, and setting money aside for the tax bill. Super contributions count towards the cap for the year the fund receives them, so a payment made in the last days of June can fall into the next year.

What We Need From You, and When

The estimate relies on current figures, so we work from your accounting file in Xero, MYOB or QuickBooks once the books are reconciled to a recent month.

We also ask about anything that will change the picture before 30 June: assets you plan to buy or sell, new staff, a change in how you pay yourself, or income from outside the business.

By the end, you know roughly what tax to expect and which steps need to happen before 30 June. When the year closes, we use the same figures for your returns, including any company tax return.

Our director, Davie Mach, has over 15 years of experience advising businesses on tax, and our team are chartered accountants.

Book a free 20-minute meeting with one of our accountants for a later date, or call 1300 411 022. If 30 June is close and you need advice now, book a paid priority appointment through our booking page.

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Frequently Asked Questions

Before 30 June, while there is still time to act. Many choices, such as when to buy equipment or how much super to contribute, only count for the year if they happen by 30 June. Starting a few months before then gives you the most options.

We review your profit or loss for the year to date, estimate the tax your business and its owners are likely to pay, and go through the options that suit your situation, so you can plan for the bill.

If you run your business through a trust, we also cover the distribution resolutions that need to be made by 30 June.

Small businesses with aggregated turnover under $10 million that use the simplified depreciation rules can generally deduct the full cost of eligible assets costing less than $20,000 each, if the assets are first used or installed ready for use in that income year. The ATO has made this $20,000 limit permanent from 1 July 2026.

We check what qualifies before you buy.

Bookkeeping that is up to date to the latest month, details of any large purchases or sales you are planning, and the super contributions made for you and your staff so far this year. If your books need work first, our bookkeeping service can help.

Book a free 20-minute meeting with one of our accountants, or call 1300 411 022, ideally a few months before 30 June.

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Trusted by 10,000 Australian business owners

“A big thanks to Davie and the team for making the transition so easy.”

I run a small contracting business and have started using Boxas for my company and personal accounting. A big thanks to Davie and the team for making the transition so easy. Sean Yee in particular has been incredibly helpful starting from the first Zoom meeting we had. I've been very impressed with Sean's ability and willingness to help. 2

Edgar P

“I couldn’t be happier with the results. Five stars, hands down!”

I highly recommend Box Advisory Services to anyone looking for top-notch accounting services for their business. The team of at Box are genuinely outstanding, providing personalised and expert advice at every turn. Their approach to accounting is a game changer, making it easy for anyone to engage and understand the numbers behind their business. The level of care and attention I received was exceptional, and I couldn't be happier with the results. Five stars, hands down.

Michael Dean

“Sean, Davie, and team have all been incredible!”

Sean, Davie, and team have all been incredible! I signed up with Box Advisory Services 4 months ago and I can honestly say that it was one of the best business decisions I have made for my construction business. Their knowledge combined with their customer service are second to none. I would highly recommend them to anyone that is looking for an accountant.

Patrick

“Very approachable and knowledgeable. Highly recommended!”

I found Box Advisory Services from their director Davie Mach's YouTube channel which provides lots of valuable information on taxation for business owners like me. Have been engaging with them for a year. Very happy about their professional advice especially from Mr Sean Yee who is very approachable and knowledgeable. Highly recommended.

Owen C

“I cannot recommend Davie and his team highly enough”

I cannot recommend Davie and his team highly enough. From the moment we started working together, their approachability, dedication, and expertise were evident. They've demystified complex accounting issues, offering solutions that are both practical and efficient. Their friendly and helpful service truly stands out. For anyone looking for reliable and knowledgeable accounting support, Davie and his team are the go-to professionals!

Alex Ip

“Will definately be using Box Advisory services again!”

Had the pleasure of having a consultation with Sean Yee and it was pleasant to know after many different consultants and advisors that Sean was able to provide honest and truthful feedback above and beyond our expectations. Will definately be using Box Advisory services again

Nicholas Lao

“Exceeded my expectations!”

I have had the pleasure of working with Davie Mach as my accountant and I must say, he has exceeded my expectations. His professionalism and attention to detail have made the financial aspect of my business seamless and stress-free. Davie always goes above and beyond to ensure that I understand all of my financial statements and makes sure that I am fully informed of any important financial decisions that need to be made. He is always available to answer any questions I have and provides clear concise advice. I highly recommend Davie to anyone looking for an exceptional accountant who truly cares about their client's success.

Rami Alcheik

“Highly recommend Box Advisory Services”

Box Advisory Services really understands how small business work and operate. Davie is a very professional accountant and one of the best in the game. He made accounting easy to understand and I trust him to handle all my businesses. Highly recommend Box Advisory Services for anyone who looking to grow their business.

Paul Lin

“Davie and the Box Advisory team are incredible!!!”

Davie has helped me from feeling totally out of control with my personal financing no more than a year ago to getting everything in order for me to purchase a property this year. He has taught me so much and always has my best interest at heart!! It's great having him helping me with my personal finances and for my small business! Couldn't recommend this team more highly!

Barton Tanner

“I would definitely recommend their services!”

I have just signed up with Box advisory services accountants and am very happy with their services. Sean Yee is very responsive and knowledgeable. He's very patient and has an awesome insight in accounts, software and financial statements. He is always happy to help me when I need help. His advice is helpful and meets you where you are in terms of sophistication. He simplifies everything so I am able to understand and goes the extra mile to make sure I understand. I would definitely recommend their services!

Dj Mauza