Our work helps you focus on what you do best – growing your business. We collaborate with you, our client, to ensure that your tax compliance requirements are up to date, monthly, quarterly and annually. Our professional services include tax advice and planning; lodgement services; business transactional advice; ongoing accounting services; preparation and provision of financial reports and cashflows.
Corporate Tax & Accounting
Running a business is usually done through a corporate structure. Tax advice and planning, accounting and asset protection advice is provided for a range of corporate structures including trading companies, unit trusts, trading discretionary trusts and self managed superannuation funds.
Family Wealth Structures
Developing a family wealth portfolio takes time and knowledge and resources. Our tax team collaborates with you and your advisors through all stages of your wealth – development, management and distribution to the family. Tax advice and planning, capital gains tax (CGT) advice, accounting and interaction with your wealth development plans is our speciality for all of the corporate structures within your family’s wealth portfolio. We specialise in family investment companies, family discretionary trusts, collaborative investment vehicles being together unrelated parties and self managed superannuation funds.
Tax is an ever present factor of being in business that needs to be factored in and paid for. Our tax planning services assist our clients to legitimately minimise their exposure to personal and business taxes by identifying tax consequences in advance of business decisions and applying tax laws to maximise allowable deductions for business to reduce tax liabilities.
We work with clients to legitimately reduce their tax burden to assist in the growth of their and their family’s wealth held either directly or through corporate structures.
The Australian tax system is complex. It’s subject to change. Our tax team work with individuals to understand and manage their tax compliance and liabilities.
Owning a rental property is much more than just collecting the rent. We help clients prepare their annual rental schedule to be included in their tax return. We provide advice on tax compliance issues including deductibility of direct costs; consideration of whether costs are capital or deductible; tax treatment of holiday houses; Air bnb renting; and the capital gains tax (CGT) implications on selling the property.
Capital Gains Tax
Capital gains tax (CGT) has been a significant feature of our tax system since 19/09/1985. It impacts on the transactions of many assets owned by individuals, family wealth vehicles and corporates. We provide advice on all aspects of CGT including assets that are subject to CGT: calculations – both simple and complex; advice on elections and rollover relief; and foreign resident capital gains withholding clearance certificates.
Sole trader returns are complicated because business is complicated. We work with our sole trader clients to ensure that their accounting is maintained regularly and simply; that annual reporting is timely, and consideration is given to relevant tax rules as the personal services income (PSI) and non commercial loss rules. For sole traders operating in the construction industry, we assist with additional industry specific reporting requirements such as subcontractor payments, long service leave reporting and workers comp cover.
Book An Appointment
You can meet with us in our Wollongong office or most major cities. Or we can video conference using Zoom, Teams or Skype.
We're open Monday to Friday 8:45am - 5:15pm, and Saturday by appointment.