Bringing It Together — Your Wealth Structure Review

Your tax and wealth structure isn't static — it should be reviewed annually as your income, assets, family situation, and business stage change. The levers available to you at $200,000 income with one company are different from those at $500,000 income with a trust, company, SMSF, and two investment properties. Annual review agenda: (1) Income projection — what is my expected taxable income this year by entity? (2) Distribution planning — have distributions from the trust been documented? Are they going to optimal beneficiaries? (3) Super contributions — have I maximised concessional contributions? Is there carry-forward capacity? (4) Investment portfolio — is the asset allocation and entity placement still optimal? (5) Insurance review — are my life, TPD, and income protection covers adequate and appropriately structured? (6) Estate plan — are my will and BDBNs current? For the next 12 months for Darkice Interactive, the key focus areas are likely: maximising super contributions during a potentially high-income year, reviewing IP ownership structure, planning for any upcoming product sales or capital events, and confirming that the trust distribution strategy for the year is documented before 30 June.

Tax and wealth optimisation requires a management system, not occasional attention. Build these habits: Weekly: review Xero for miscoded transactions and attach any missing receipts. Monthly: review cash position across all entities, check super balance and contribution progress, review investment portfolio. Quarterly: BAS preparation and lodgement, meet with accountant if quarter is non-standard. Annually: pre-30 June strategy meeting with accountant (March), full tax review post-July 1, estate plan and insurance review (September). The tools: Xero for business accounting (you already use this), Sharesight for investment portfolio tracking (including franking credits and cost base management), ATO myGov for super and tax account monitoring, your SMSF administrator's portal for SMSF monitoring, and a simple personal net worth spreadsheet updated quarterly. Wealth is built incrementally through consistent, boring habits — not occasional big decisions. The business owners who build the most efficient wealth structures are the ones who review their position regularly, make small optimisations continuously, and have a professional team that communicates. The big wins (small business CGT concessions, carry-forward contributions, SMSF property) are available to everyone — the difference is preparation and awareness.