Create a TaxPlan specifically for primary producer clients

Start a New TaxPlan Client File: Begin by creating a Base Scenario without any strategies, based on the client's usual Primary Production income and standard deductions. Learn more about adding scenarios.

Add New Scenarios: Toggle the Tax Averaging setting on to expand the FY income fields. Select "Yes" or "No" to include tax averaging in the Tax Savings total.

Include Primary Producer Specific Strategies: Choose the relevant strategies from the Tax Planning Adjustments available. The tax savings will be automatically calculated for each strategy.

Select the Recommended Scenario: Once all scenarios and strategies are completed, choose the recommended scenario.

Quick Overview with Scenario Comparison: For an initial assessment of the scenario outcomes, select Reports > Scenario Comparison. This will highlight the tax savings for your client, facilitating a quick discussion.

Finalise and Produce Report: When finalised, use the Next button to proceed to the next steps and produce a detailed Tax Planning Client Advice Report.