Are you concerned that your business might be paying more tax than necessary? Many small, medium and even mid-market business owners in Western Australia face this common challenge.
Munro’s Perth-based business accountants believe that reducing your tax burden isn’t just about compliance, it’s a strategic step towards strengthening your business and reinvesting in growth.
$4,000 (excl. GST)
Tax Minimisation Strategies ReportThe rest of this page is dedicated to providing you with an overview of the four key steps you must take to minimise your taxes when running a business. These apply whether you are operating a business in Perth, elsewhere in WA or across Australia.
When you’re ready to talk about what we could do for you, please book a meeting or send an enquiry.
The Problem
Every business is unique, but a common problem is that outdated or one‑size‑fits‑all tax strategies can leave you overpaying. You might be missing out on legitimate deductions, concessions or planning opportunities that can lower your tax liability.
Our Solution
At Munro’s, we tackle these issues head‑on. Our business accountants in Perth partner with you to continuously identify areas where you can legally minimise your tax. The focus isn’t only on the short term, we look ahead to get you prepared for tax minimisation opportunities over the medium to longer term.
Key Outcomes and Benefits
When you engage our tax minimisation service, you can expect:
By focusing on your specific challenges, we create a customised tax strategy that not only reduces your tax burden but also supports your broader business goals.
Using the right combination of trusts, companies, partnerships and/or self-managed superfunds may save hundreds of thousands of dollars in tax over the long term.
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Presented by: Tanya Kamonphuangphan
video transcript
Transcript available on the Structuring & Business Setup page.
You’re either a reactive business owner dealing with tax after the fact, or a proactive business owner mitigating your tax burden now and in advance.
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Presented by: Christine Prasetia
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Transcript available on the Business Tax Planning page.
It’s true that many advisors can help with basic tax, but it takes a special mindset to uncover hidden solutions when the seemingly inevitable complex problems arise.
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Presented by: Carl Hansen
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Transcript available on the Complex Tax Issues page.
The last thing you want when it comes to selling your business is an unnecessarily large tax bill. If you plan ahead from the start, you could be in for a very happy final outcome.
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Presented by: Rama Yudhistira
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Transcript available on the Tax Planning Before Selling a Business page.
What is tax minimisation?
Tax minimisation involves using legitimate strategies to reduce your taxable income and overall tax liability, ensuring you keep more of your earnings. It should focus on minimising taxes in the short, medium and long term.
How does Munro’s tax minimisation service work?
We conduct a detailed review of your financials, assess your current tax structure, and develop a tailored plan that identifies all eligible deductions, concessions, and restructuring opportunities.
How do you tailor tax minimisation strategies for different businesses in Perth?
Every business is unique. We assess your business, personal and family goals, understand your particular industry, business structure and financial performance to create customised solutions that address your specific challenges.
Are your services available outside of Perth?
While Munro’s is proudly Perth‑based, our accounting, tax and business advisory services are often used by businesses across Western Australia and Australia-wide.
How do your clients feel about your services?
Our clients frequently highlight our responsiveness and reliable approach in over 100 5-star Google reviews. They appreciate the peace of mind that comes with knowing their tax matters are handled with care.
What is the price for your tax minimisation service?
Our pricing is transparent and reflects the complexity of your needs. Please visit our pricing page and contact us for a personalised quote.
How do I get started with your business tax service?
We need to get to know you and you need to get to know us, so we begin with a free Get To Know Each Other meeting.
From $3,000 per annum (excl. GST)
Business Tax Return
$4,000 (excl. GST)
Tax Minimisation Strategies ReportClaims of being a ‘Top 2% ranked Australian Accounting Firm‘ (and similar claims) are based on two separate assessments conducted by Munro’s on 9-10 August 2023 and 1 December 2023. The ranking is derived from a comparison of the total of each accounting firm’s overall star rating multiplied by each firm’s quantity of reviews as shown on Google Maps. A total of 4,235 Australian accounting firms listed on Google Maps were identified for the earlier assessment, and a total of 4,301 for the latter assessment, which may not represent a complete list of Australian accounting firms. Munro’s claims are based on Munro’s best estimation and represent a snapshot collected at the time of each assessment. If the assessment was to be conducted today, then it is likely that Munro’s ranking would have changed – Munro’s may or may not be in the Top 2% today. Also, the methodology does not account for other potentially relevant factors such as quality of service, expertise, or client satisfaction beyond Google Maps reviews.
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Presented by: Drew Pflaum
video transcript
In December 2023, we conducted a review of Australian accounting firms on Google Maps, based on star rating and quantity of reviews.
Out of the 4,301 Australian accounting firms we identified on Google, Munro’s ranked number 44, placing us in the Top 2% of Australian Accounting Firms. We’re thrilled to share this fact with you and share those reviews on our website. We’d also like to thank all our clients who left us those wonderful reviews.
Thank you.
We have been looked after by accountant Mr Carl Hansen. We are very grateful for his help on our tax matters. He is very thorough, knowledgeable and easy to approach. Highly recommend!
Congratulations to Munro’s for achieving 50 years in business.
Special thanks and appreciation to Mike, Barry and the many staff throughout the years who have supported myself and my family with their professional services.
I have been a Munro’s client for the past few years and they have professionally and patiently assisted me with complicated crypto tax returns. Everyone on their team is extremely friendly and I highly recommend Munros to anyone.
Munro’s have helped build our business from strength to strength for over 40 years! No problem or question has ever been too large or too small and all have been dealt with in a timely and efficient manner. Thanks to Simon, Carl and the team for your continual excellent service.
We have been with Munros for the life of our farming business. Munros staff are always so polite and helpful. Christine and her team are so professional, knowledgeable and have a thorough understanding of our business and what we wish to achieve going forward. We see them as a vital part of our business. We are very grateful for this relationship!
David and I have been loyal clients of Munros for many years—I think since we were married in 1962. David made all the decisions in those early years. I became a more active partner as we worked with Ted Wilhelm and Ian Arblaster until their retirement. We then worked with Christine Prasetia for our financial, accounting, taxation and our wills until David’s death in May, 2017. Christine has patiently guided me through taking up the reins of our business venture. She is very efficient and totally reliable in all our dealings. I feel fortunate to have Christine as my accountant and business advisor. Thanking you, Val McAlpine
Munro’s is delivering excellent results for me. My initial engagement was a complex situation comprising of many years of outstanding returns in both the traditional and cryptocurrency space. Drew, Sanjay and Saul were able to rise to the challenge and managed the whole process including preparation, lodgement and dealing directly with the ATO. They have always been friendly, responsive, diligent and provide actionable advice based on observations they have made from my data and by also understanding my personal goals and objectives.
I am confident I have the right team by my side with Munro’s and I highly recommend Munro’s to anyone looking for top quality service and advice.
I’m extremely pleased with the services of Munro’s Accountants. They are professional and easy to work with. My situation was not simple yet they completed the task and have provided me with peace of mind going forwards. I would not hesitate to recommend them. AAAAA+++++
We followed Mike Beer when he joined Munros and have been with them ever since. Mike has been a huge help over many years. He is always available to answer even the most basic/ extraordinarily naive questions, and always with a generous and helpful attitude.
5 Stars from Don. I can’t thank Drew and Brian enough for dealing with my very complex history across multiple years of cryptocurrency trading. This has been across many exchanges, wallets, and my Dash Masternode history also. Drew and Brian have been flawless when fielding my various questions across the months it has taken to work through my complex case load.
Based in Sydney, I got into cryptocurrency in 2013, and it lead me down a trajectory in life I could never have foreseen. Getting this tax aspect of it up to date will take a layer of stress off my back.I highly recommend Munro’s, Perth.
Drew and Cherie are the best accountants that I’ve had so far with their lightning quick responses to my trivial questions. They actually take the time to explain what they are doing and why. Highly trusted and recommended.
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