General

The sale of personal or business assets (including Cryptocurrency) can result in Capital Gains Tax. This can be a daunting prospect if you do not know what the rules relating to the transaction are from a tax point of view. We can assist in reviewing your circumstances and working out the best tax outcome for you.

Negative gearing occurs when you borrow to invest in property/shares, and the expenses exceed the income earned. This will then mean that your taxable income is reduced by that amount, reducing your tax payable. We can provide you with an understanding of what this involves and general advice on your circumstances

A company is required to report to ASIC annually as well as comply with updating details on a timely basis. A director needs to have access to the company ASIC login details to keep the company and individual details up to date. We are an ASIC agent and can assist in this. We can also provide support to ensure the administration for your company/s, is kept up to date.

Business opportunities arise and you wonder ‘Can I afford this?

It may be that you are looking to retire, buy a business or just some new equipment, but you need to know the best time to do it and how this will affect the cashflow of your business.

We have the skills necessary to produce cash flow projections for multiple scenarios so that your decision is made easier.

Do you have access to salary packaging as a part of employment conditions? Do you need a better understanding of what this means and the tax implications?

Is there a new asset (house, business asset, motor vehicle) you wish to purchase but you don’t have the cash available?
The process for getting finance can be daunting and there are many options available. We can refer you to a finance broker and work with them to get your application for finance processed.

We know that speaking to the ATO is not high on your wish list. We are happy to liaise with the ATO on your behalf and discuss the results or obtain further information from you.