Compliance
Compliance work is required even for a small business. We can help you to manage it efficiently so that you can focus on your business.
- Compilation of the income tax returns for business or individuals
- Compilation of business activity statements
- Lodgements of Superannuation guarantee lodgements
- Fringe benefits tax
- Tax planning
Other compliance services include;
- Capital gains tax
- Division 7A company loans
- Property development GST implications and margin schemes
- Deceased Eestates income tax returns
- Taxes for charities and not-for-profits
- State taxes: land tax, payroll tax, and stamp duty, etc
Business Structure
All businesses and investments have their own unique risks and tax benefits and business owners each have unique business goals & circumstances. With our expert experience, we can help you find the structure that suits your circumstances before you establish your business.
We can also provide you with restructuring solutions. We specialise in establishing the following:
- Sole trader ABN & business name
- Company
- Family trust
- Unit trust
- Holding company
Business Valuation
The preparation of a business valuation requires an understanding of your business, the market, and an accurate understanding of what is being valued (shares, plant & equipment, and goodwill). This process requires considerable skill and we have substantial experience in this area.
Small Business CGT Concessions
Are you aware that there is a concession available when you sell or restructure your business? Small business CGT concessions can significantly reduce the tax payable on the sale of a small business or its assets.
In some cases, you will pay no tax at all. You may have an opportunity to contribute substantial amounts to your superannuation fund to maximise your retirement savings.
It is quite a complex process to work out the small business CGT concession as there are many requirements to access the concessions. We provide expert advice on small business CGT concessions that fit your business structure, lifestyle, and purpose.