Taxation

Income Tax

With the Australian and international tax arena constantly evolving, we will assist you to plan to minimize your taxation obligations. This will include dealing with issues such as:

• General corporate tax issues including on going year end tax planning
• Minimising the business’s Capital Gains Tax exposure
• Tax reviews
• Ensuring the most appropriate corporate structure is being used, especially for businesses holding capital growth assets
• Dealing with PAYG withholding for employees and contractors and PAYG instalments for the business
• Valuation of trading stock
• Ensuring compliance with the trust loss provisions
• Advising in relation to the “Tax Consolidations”, “Trust Loss” and “International Transfer Pricing” provisions
• Dealing with the intricate International Transfer Pricing legislation
• Maximising tax advantages for developers (eg as in Kurts case)
• Minimising effect of new Personnel Services Income (PSI) rules in relation to contractors

Goods & Services Tax (GST)

Many of the GST issues facing companies today are based around management issues rather than specific technical issues. You can benefit from our detailed practical advice on a variety of issues including:

• Dealing with pricing
• Managing consumer and supplier relations in regards to tax invoicing
• Specialist advice on the intricacies of property transactions
• Managing the business’s accounting software and associated internal procedural issues;
• Assisting the preparation or review of Business Activity Statements
• Ensuring that the business is maximising the input tax credits and optimising the cash flow implications
• Managing the GST implications on buying, selling and leasing property
• Use of the margin scheme when selling property
• Advising on the GST implications relating to substantial renovations, residential development and sales