Specialist Services
Company
We can assist with the establishment of a company including:
- Arranging the preparation of the company's constitution
- Applying for a tax file number and Australian Business Number
- Registering for GST and Pay As You Go (PAYG) Withholding as required
We can assist with activity statements, prepare financial statements and complete the income tax returns.
Charitable Trusts
We can provide referral services to a financial planner appropriate to your needs or business structure. Please contact us by phone or email to find out more.
Estate Planning
Estate planning is one of the necessities of life. Having an updated will where your assets will be dealt with in the manner you choose provides peace of mind. It is also important to have an enduring power of authority.
Assets held in joint names, assets held by trusts and companies, and superannuation benefits do not form part of a person's estate and are not governed by their will.
Some of the matters to consider include:
- Who will be the executor?
- Is a testamentary trust appropriate? If so, who will be the trustee?
- Should a binding death benefit nomination be made regarding superannuation benefits?
- To whom should any shares be transferred? Are there any unrealised capital gains, or losses?
- Who is to become the trustee and appointor of any trusts?
- Depending upon whose name a main residence is held in, should a right of occupancy be included in the will?
- Who will be guardian of children under the age of 18?
- Should the will include an equalisation clause?
- Are there any specific bequests to be made?
The executor and trustee of a will are required to perform a number of duties.
We can discuss the tax implications of estate planning issues, the control of companies/trusts and provide referrals for wills and testamentary trusts.
Insolvency
We can provide referrals to insolvency specialists. Please contact us by phone or email to find out more.
Rental Property
We can assist you in a variety of areas relating to residential and commercial property.
The services we offer include:
- Referral for depreciation reports
- Tax implications of various expenditures
- Advice on ownership structure and tax implications associated with the different ownership structures
Self-managed Superannuation Funds
There are various laws and legislative requirements for setting up a self-managed superannuation fund (SMSF). If you require an SMSF, we can assist with the following tasks:
- Arrange for a trust deed to be prepared
- Appoint trustees
- Sign a trustee declaration (NAT 71089)
- Elect to become a regulated fund
- Obtain a tax file number (TFN)
- Obtain an Australian business number (ABN)
We can provide accounting and tax services for SMSFs, and advise on tax implications of SMSFs, contributions and withdrawals. We also arrange for the fund to be audited each financial year, and will arrange an actuarial certificate where the fund is both in pension and accumulation phase.
Trusts
We offer specialist advice on the various types of trusts. We provide advice on the tax implications of the trust structures.
- Arrange for a referral to a solicitor and prepare the trust deed and other associated documents
- Completing the trust administration:
- Annual accounts
- Taxation returns (tax returns, activity statements, etc)
- Income distribution resolutions
The benefit of a discretionary trust is that the trustee can resolve each financial year how the income will be distributed. A trust may also provide asset protection.
Our Services
We provide accounting, taxation and superannuation fund advice including income tax, fringe benefits tax, estate planning, capital gains tax and GST.
Resources
View our handy online tools and resources featuring key dates, tax facts, useful links and online calculators.
About Us
We aim to provide advice that you can understand and implement. Our goal is to simplify tax as it applies to your specific situation.