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Taxation Services

We regularly deal with a broad range of personal and corporate taxation issues and make a point of understanding the individual needs of every client. Whether you need advice on company tax, personal tax effectiveness or indirect taxation including payroll tax and GST, our team will identify the best solutions for you.

Our taxation services include:

  • Preparation and lodgement of taxation returns
  • Capital gains taxation planning
  • Fringe benefits tax returns
  • Land tax returns
  • Payroll tax returns compliance
  • Tax planning and minimisation
  • PAYG and superannuation compliance

BUSINESS RECOVERY PLAN TO EMERGE FROM COVID-19

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As businesses emerge from Covid-19 restrictions, for many ‘Business as Usual’ has become ‘Business Unusual’. So, how do we navigate our way towards a sustainable new normal?

 

During lockdown, we focused on crisis management, activating relevant Government support packages and doing our best to build cash war chests.

 

Now we enter the recovery phase on the way to establishing the new normal. We’ve all learnt lockdown lessons. We’ve discovered risks in our business model that we may not have appreciated before, as well as opportunities that are there for the taking.

 

Now is the ideal time to document a clear Business Recovery Plan:

 

Defining what you, as business as owners, want from the business; this includes cash drawings, your role, hours of work and holidays.

Establishing your budget and break-even analysis to ensure you’re generating enough cash to cover all expenses including tax, personal expenses, loans and asset purchases.

Determining your critical KPIs; the most important things you need to measure to track your progress towards achieving your targets.

Identifying your opportunities and vulnerabilities; the factors that will most impact your business recovery.

Determining how to manage your most critical challenges.

Undertaking a risk analysis of each of your departments, e.g. product / service development, marketing, sales, human resources, finances, technology, etc.

Identifying necessary finance requirements and what’s needed to apply.

Establishing your 12-month and 90-day goals to ensure you’re clear on your priorities.

Clarifying your actions to achieve those goals.

If you haven’t created your Business Recovery Plan, we can help facilitate this. You’ve got the smarts on your business, what’s working and what needs to change. Our expertise lies in stress testing the numbers and pulling everything into one concise plan of attack. Contact us…

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