Maintaining accurate financial records is a crucial component to getting your financial management right. Keeping track of your income, expenses and knowing where to find “that receipt” is key. This allows you to monitor your cash flow regularly and understand and ensure you have enough cash to cover all your expenses.

Getting caught out by tax? You’re not alone

On of the big and often (gulp) unplanned business expenses we find when meeting new

clients has been tax liabilities. We kept meeting wonderful business owners who were doing everything right – except for one thing. They hadn’t been setting aside money for tax time. Not because they weren’t smart (they were running successful businesses, after all), but because no one had shown them exactly how much to save. They didn’t know they should be setting aside a portion of their business income to cover their future tax obligations and they then got caught at tax time because they didn’t have the cash to pay their liability to the ATO.

The Simple Tool That Changes Everything

One of the first steps we take when we start working with any new client is to set up this exact ATO Payment Schedule with them that maps out the timing and cashflow requirements for the

annual ATO obligations. We get a lot of great feedback from our clients on just how simple

this has made it for them and how they feel more in control and “on top” of their tax

obligations now.

We get such great feedback on it, we thought we should really make this accessible to more

people so that they too can feel more in control and have more time to focus on the “more

important stuff” they do.

What You’ll Get Today

We’re giving you the exact ATO Payment Schedule template we use with our paying clients. It’s simple to use, but powerful enough to transform how you think about tax planning. Follow the instructions included on the first page of the spreadsheet and you’ll be on your way. 

Are you ready?