Lyra Tax & Business Consultants is client-oriented and due to this reason, we try to provide our customers with maximum benefits. For this purpose, we reduce the tax liabilities by as much as possible while staying within the legal boundaries. Some of the ways by which tax liabilities can be minimized include:

• Selecting the right tax structure. For instance, there are options for Unit trust, Family trust and Company etc. 

• Prepayment of the business expenses.

• Sacrificing salaries in terms of a car lease and super etc. 

• Negative gearing and rental property

• Timing of invoices

• Asset protection

• Reviewal of debtors and write off.

• Restructuring the investment and business loans.

• Choosing the right moment to buy new assets.