Financial Planning

Financial Planning Services.

Our team of experienced accountants will help you keep on top of your BAS and end of year tax compliance matters as well as providing pro-active tax and business advice to help maximise your after tax profits. Because we are also financial planners and mortgage brokers, our service doesn’t stop with the end of year accounts, we look for other areas in which you can improve your business and personal finances. We are experienced with all major small business accounting software programs and can also help with correct setup and ongoing support of your bookkeeping processes. Contact us for a free initial meeting to review your current financial reports and accounting processes and discuss where we may be able to assist going forward.
Personal Insurance

This part is often overlooked as an integral part of planning your finances. For most people the ability to earn an income is the biggest asset you have, and on which your whole financial future relies upon. Also If you have a loan or a family that is dependant on you, making sure you are adequately covered is a must.

At 23 Beaches we understand there must be a balance between being insured and also not paying through the roof for those insurances, we can help set up cost effective ways to insure yourself and your family.

Wealth Creation

A common misconception is that \’I don\’t have enough to invest’. However it is never too early to start planning for the future. By reviewing your budget we can often identify areas to improve your situation without affecting your lifestyle. A plan can then be set in place to save for the future, set your investments in place tax-effectively and make the most of what you have.

The best strategy will vary from person-to-person. We offer a no cost and no obligation meeting to discover if there are any areas of which we may be able to provide you value.

Ethical Investing

If you have a preference towards ethical and socially responsible investing, whether its personally or through your super, we have a range of cost effective options available.

Retirement Planning

We’re working harder and living longer. Planning for your retirement can be one of the most daunting things you’ll do and it’s no surprise that this is the first time many Australian’s visit a financial planner.

Put simply, retirement planning is the process of working out how much income you need, for how long, and how you will fund this. The reality is far more complex and it’s crucial to get it right. The earlier you start planning, the better, but it’s never too late. Easy to understand retirement plans, that you can understand.

Estate Planning

Think about estate planning and you automatically think about your will. A current will is vital to ensuring that your estate is distributed according to your wishes, and in the most effective manner.

Without a valid will you risk not providing for your beneficiaries in the way in which you envisaged. An effective estate plan however is not just about your will. Many assets will not be distributed according to your will.

Your family home (if owned jointly) is a good example. Your superannuation funds are also not an estate asset and the treatment of these funds upon death can be quite different to your other assets. An effective estate plan will consider your overall situation and beneficiaries, special circumstances, how your estate will be funded and the taxation treatment of benefits.

SMSF

For individuals seeking to own direct investments within superannuation or gain greater control of their superannuation portfolio, Self Managed Superannuation Funds (SMSFs) can be an attractive alternative.

\SMSF’s have all the main characteristics as personal (or ‘public offer’) funds but offer increased flexibility in investment choice (for example, direct property) and require a greater degree of responsibility as you are your own trustee.

The additional regulation around SMSF’s and potential penalties makes it essential to partner with a team of professionals to get the right advice and satisfy your regulatory requirements.

Superannuation and Pension

Next to our own home, our superannuation savings are often our largest asset. While we cannot access the funds until later in life it deserves as much care and attention as any aspect of your financial planning. The long term nature of this investments means that having your funds invested in the right place makes a big difference when you do come to retire.

Superannuation is not an investment in itself, it is a concessionally taxed structure designed to save for retirement. Knowing where to invest, how much to contribute (and when) is essential to ensure you maximise every possible opportunity and avoid the common mistakes.

Constant changes in legislation and market conditions means that active long term management will result in better retirement. We offer a no cost and no obligation meeting to discover if there are any areas of which we may be able to provide you value.

Unsure if we can help you?

Give us a call on 02 99821329 or visit our contact page below.

Get in touch for quotes and advice on how we can help.