Tax Plan

TaxPlan Software

VERSION: 008 012 011 - TAX SCALE YEAR= 30/6/12

WHAT THE SOFTWARE DOES :

  1. Calculates & estimates FOR YOU the "Optimum" level of Salary Sacrifice or Personal Contribution into Superannuation.
  2. Ensures you use the maximum amount of any tax Offsets available.
  3. Minimizes your Tax.
  4. Enables returns on your contributions that are simply not safely available in any other way; and before they start to earn themselves.
  5. Enables Input of any amount & immediately reveals the tax effect.
  6. Provides the before & after real dollar benefit from your Salary sacrifice or Personal Contribution & enables you to observe the extent to which it is actually being funded by the consequent reduction in Income Tax, rather than by you.   
  7. Separately displays your Net After Tax take home Cash Flow. Enables you to assess this against your budgeted needs and provides links to access a selection of free on-line comprehensive budget planners, so all your needs, both frequent & infrequent are not overlooked.
  8. Displays your Total & Net Contribution into Super, its Contribution Tax and separately calculates & displays your Employer's mandatory 9% contribution and its contribution tax if you are on Salary/Wages.
  9. Automatically alerts if your proposed Salary Sacrifice or personal contribution exceeds your "Concessional" limit.
  10. Automatically provides various functional alerts to assist.
  11. Provides direct access via Hyperlinks to continuously up dated professional research material at the Australian Taxation Office Website & other Websites for research into your eligibility for tax deductions &/or tax offsets. Links assist you in understanding the substantial changes in Superannuation from 1/7/07 onwards.
  12. These Hyperlinks mostly take you direct to the relevant subject, avoiding time consuming & frustrating search facilities.
  13. Includes linkage to the ASIC "Fido" tool to calculate the future value of your Superannuation.
  14. Pages for Inputs also have their own separately notated instructions, minimizing reference to the User Guide Instructions.
  15. Provides you with inbuilt functions to Export & Import data, thus avoiding the need to re-input information to the program. This is particularly useful for both Commercial Users in retaining their Client records and equally for Personal Users for different family Member's calculations
  16. We know from the Developers’ own experience, plus the pre-launch external Evaluators’ experience, that you will enjoy using this software & benefit substantially from the process .