George was getting surprise tax bills each year.

We put a plan in place that in May each year, we would sit down with George and his financial accounts and prepare a tax plan. We worked out strategies to legally minimise tax as businesses and tax laws change each year. We then showed him his estimated tax liability and prepared a timeline of when the payments are due.

By knowing this and preparing a cashflow budget, he knew how much money he had to invest in growing his business or creating wealth in other ways. And, most importantly, this simple strategy reduced his level of stress.

This tax planning process is now an integral part of his wealth creation plan.