New Business Set Up
Setting up a new business or a restructure in an existing business can be a cumbersome process. We feel that this step is the foundation of a business and it is essential to get the correct advice.
Our highly experienced accountants will analyse your situation and suggest the most tax effective business structure. These structures will also ensure that your personal assets are separated from your business assets and hence protected. Once everything is finalised the business can be set up within one working day.
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Our services include:
Incorporation of Company, Trust and Self-Managed Superannuation Fund (SMSF), Partnerships and Sole Traders.
Company Constitution.
SMSF trust deed and setting up bare trusts to enable SMSFs to buy property.
Incorporation of corporate Trustees.
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Registration of:
Australian Business Number (ABN) and Tax File Number (TFN).
Goods and Services Tax (GST), Fringe Benefits Tax (FBT), Fuel Tax Credits (FTC).
Pay as you go Tax (PAYG).
Workcover Registration.
Bookkeeping
Bookkeeping is the base of all accounting and as all our work is done by qualified accountants the books are always compliant and completed to high standards. Whatever the enterprise, our experienced team of accountants will tailor and prepare financial statements to suit your required reporting framework.
Our bookkeeping services start with advice that is tailored for your business and this advise also takes into consideration the tax and compliance aspects of your business. The advice and assistance you receive from our expert team in this area means you can focus solely on running your business without having to worry about your day-to-day accounting hassles.
One of the key areas where we differ from other firms is that we conduct a quarterly review of your financials and act accordingly, if the need arises, to ensure that you are operating in the most tax effective way.
All our softwares are cloud based to which our clients have access. This enables them to regularly check their financial position. Whether it be a small business or a multinational with multiple currencies, rest assured that you are receiving a competent and compliant service. We also provide payroll services. for further information please contact us.
Taxation
It is no secret that in the last few years there has been a massive boom in the property market. As a result there has been a rise in the number of property developers. Whether you are an individual building in your backyard or building a multi-unit site, we can help you determine the best taxation structure to maximise your return on investment and minimise tax.
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Our services include:
Suggesting structures that would not only protect your asset but also minimise tax legally.
Help with mortgage and advice on how to fund your development and fund future purchases.
Helping individuals build a portfolio through super funds and other structures.
Legally maximising deductions claimed for investment properties.
Setting up depreciation schedules and capital works allowance.
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Business Tax
We understand that every business is unique and our advice is tailored based on your needs and lifestyle. Our team are highly experienced Chartered Accountants who keep up with legislative changes offering each business a tailored solution to enhance business and minimize tax. We ensure that each business has an appropriate structure that would legally minimize tax.
We believe that tax planning is essential for every stage of business, hence we analyze your business on a quarterly basis this way we provide a proactive service rather than a reactive one.Through this we also ensure that your personal and business assets are protected and tax is minimised.
Our clients range from local and foreign-owned businesses to non-profit organisations, our clients operate across a broad range of industries including manufacturing, retail, transport, investment, education, body corporates, information technology, hospitality, medical, business and property services.
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Individual Income tax
Whether it be a simple income tax return ora more complex one including shares, managed funds, foreign income, investment properties, capital gains we provide expert advice and always seek to find the best outcome for your situation. We pride ourselves on the advice we provide and understand that each case is different. Hence, our fees include a tax interview and also a mid year financial review if needed.
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Property Development
Redeveloping or sub-dividing a property comes with specific tax rules to get right. We provide expert advice on redevelopment tax matters - including applying the GST margin scheme and sub-dividing a block - so your project stays compliant from the start.
Self-Managed Super Funds
Superannuation is often the primary vehicle for achieving retirement goals, tax planning and wealth creation.
Self-managed super funds (SMSF) have increased in popularity because of the control, tax benefits and flexibility for improved wealth creation they offer when compared to standard member retail super funds and member industry super funds.
Our highly experienced SMSF team has the expertise to help you develop your superannuation into a dynamic investment channel by simplifying the complexities, retirement planning, estate planning and the establishment of multiple income stream options.
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Our SMSF advisory services include:
Administration and audit services
Production of financial statements
Income returns
investment reports
Trustee minutes
Actuarial certificates and the fulfillment of all trustee duties and responsibilities.