“What applies to my income?”
Salary, side income or an investment: different details may need checking. Ask which records and eligibility questions matter for your circumstances.
Personal & business tax planning
Before you file, what needs a closer look?
A new income stream. A business milestone. A property decision. Tax planning connects these changes with the questions worth asking early. Find out what deserves attention in your own situation.
Ask before you act Know what to prepare Understand what applies
See the full pictureIncome & Tax
01Plan the timingBusiness Decisions
02Improve efficiencyTax Strategy
03Stay organisedClear Records
0401 / Find your starting point
Which question sounds like yours?
You do not need to know every tax term. Start with what has changed or the decision you are about to make.
“What changes as my business grows?”
New costs, new income or a different business structure? Ask what to raise with a tax professional before your next business decision.
“Should I ask before I proceed?”
A sale, transfer or ownership change may raise questions beyond the price. Bring the tax discussion into the plan before you act.
02 / When a conversation helps
A small change. A question worth asking.
You may recognise one of these moments. Use it to start a conversation about your records, plans and what needs individual review.
A side income becomes regular
What started as an occasional project is now part of your income. Ask what information is useful to keep and which reporting questions to check.
A property decision is coming
Buying, selling or changing ownership? Before you focus only on the price, ask which tax and documentation issues may be relevant.
Your business enters a new stage
Expansion or a change in ownership brings new decisions. Ask how to prepare a useful tax discussion alongside the business plan.
The right next step depends on your circumstances and the rules that apply.
03 / Your first conversation
Come with a question. Know what to check next.
Tell us the part you are unsure about. The first conversation helps focus the next steps and identify where qualified tax advice is needed.
Share
Tell us about your income or the decision you are considering.
Organise
Ask which records are useful for understanding your situation.
Clarify
Identify questions that need individual tax review.
Next steps
Understand what to prepare and which specialist input may be needed.
04 / Common questions
Before you get in touch.
I usually just file my return. Why ask about planning?
A return reports a period that has happened. Planning brings upcoming decisions into the conversation. If your income, business or ownership is changing, ask what deserves an earlier look.
Can you tell me whether I could save tax?
Ask what would need reviewing in your case. Any entitlement or possible saving depends on your facts and the current rules; it cannot be promised before a proper assessment.
Do I need all my records before asking?
Start with your main question and a broad picture of your income or business. Ask the advisor what to prepare for the next, more detailed discussion.
MAKE YOUR NEXT TAX QUESTION COUNT
What would you like to stop guessing about?
Tell an i~Life advisor the tax question behind your next decision. Find out what needs checking, what to prepare and where to go from here.
Ask a Tax QuestionInformation on this page is provided for general educational purposes only and does not constitute tax, accounting, legal or financial advice. Tax treatment depends on applicable law, jurisdiction, residence, timing, ownership, documentation and individual circumstances, and rules may change. Advice should be obtained from suitably qualified professionals before acting.