Services
Our firm offers a number of services including the following:
• Business Structures
We provide ongoing advice in respect of our clients optimum tax structures. This includes advice on corporate structures, asset protection through the use of trusts and retirement planning through the use of superannuation funds. We also advise clients on the role of being a director, the obligations, responsibilities and fiduciary duties outlined in the Corporations Law.
• Taxation
We advise clients on many matters relating to taxation. Each year we prepare and lodge income tax returns for individuals, trusts, partnerships, companies and superannuation funds. We also provide ongoing advice to our clients on capital gains tax (CGT), fringe benefits tax (FBT), the goods and services tax (GST) and pay as you go (PAYG) rules. We aim to create tax strategies for our clients to legitimately minimise their taxes and meet their objectives.
• Accounting
We prepare financial reports for clients in business including balance sheet, profit & loss statements and cash flow statements as and when required. We also prepare management reports so that business owners are well informed and can determine exactly how the business is going during the year and be at the forefront of the decision making process.
• State Taxes
We also advise clients in relation to the three main state taxes being payroll tax, land tax and stamp duties.
• Corporate Compliance
We oversee and prepare many corporate compliance matters on behalf of our clients. This includes the annual preparation of the company statement, the declaration of solvency and where applicable, attending to change of directors and change of addresses. In most cases we also maintain our client’s share registry details.
• Accounting Packages
We provide ongoing assistance and advice to clients on operating and maintaining their data file using software including MYOB, Xero and Quickbooks.
• Estate Planning & Deceased Estates
We advise clients on matters pertaining to their ultimate estate including advice on capital gains tax, the transfer of assets to beneficiaries and any superannuation related issues. We also prepare the final returns required upon the passing of a relative and advise the family on the unique tax rules surrounding deceased estates.
• Insurances
On request we review the level of insurances held by clients including life insurances, sickness and accident insurance, trauma cover, keyman policies and income protection.
• Workers Compensation
We review many workers compensation policies and verify actual wages paid for declaration to insurance companies.
• Finance Applications
We assist clients in the process of applying for finance, including providing financial statements and income tax returns to financiers. We also prepare projected cash flows and forecasts to assist financiers in their assessment of the client’s application for finance.