Page 14 - Statement of Advice

Additional details

Cashflow and taxation projection

Maintaining adequate cashflow to meet living expenses is fundamental to the success of your plan. Below is a summary of your estimated income, expenses, tax &
overall cashflow in each of the next three (3) years:

Date 1 Jul 17 1 Jul 18 1 Jul 19
Age 64.9 65.9 66.9

Inflow
Income
Consulting fees 88,800 91,464 94,208
Pension Income
Account Based Pension Income 64,000 78,439 76,037
Investment Income
Business Income 240,000 278,419 323,327
Total Inflow 392,800 448,322 493,572

Outflow
Expenditure
Living Expenses 60,000 61,800 63,654
Taxation
Barry 132,700 152,625 175,737
Income Tax 132,700 152,625 175,737
Total Outflow 192,700 214,425 239,391
Net Cashflow 200,100 233,896 254,181

Note:
• Surplus/Deficit are allocated to and funded from your assets.