Annual Compliance
Financial Decisions offers a full range of taxation services. We understand the increasingly complex nature of our clients’ portfolios and their need to make things simpler and easier to understand when it comes to tax. The dynamic and complicated essence of our taxation system has left many people searching for an adviser who understands and appreciates the intricacies of the tax system and who is able to make sense of their particular situation and recommend appropriate strategies.
Our advisers are experienced and trained to identify what is important to you, help you understand and manage your tax and accounting obligations, dispute any ATO decisions and recommend how you can achieve the best possible outcome. We service all types of entities, for example, individuals, companies, trusts, SMSF’s, and partnerships and provide advice in all of the following areas:
- Income Tax
- Capital Gains Tax
- Fringe Benefits Tax
- Goods & Services Tax
- International Tax
- Land Tax
- Payroll Tax
Tax Planning & Structuring
Tax is a major cost to your business. It needs to be managed effectively in order to avoid any unwarranted outcomes. Our philosophy when it comes to tax planning is simple, we assess your current situation, determine your needs for the future and create plans to achieve the desired outcome. We solemnly believe that tax minimisation is important, however, asset accumulation is equally important.
Establishing a business structure that suits your current needs may easily be formed but what happens 5 years down the track when you outgrow that structure? How do you deal with the potential CGT consequences that may apply upon restructuring? Planning is important, it avoids uncertainty and gives you a clear path to pursue.
Tax Dispute Management
The increasing pressure on maintaining appropriate tax records, the length of time these records need to be kept, the substantiation requirements around work-related expenses coupled with the ever changing face of the tax legislation has significantly increased the risk for taxpayers being involved in a dispute with the tax office at some point in time.
We assist our clients by advising them on the prospects of success in relation to their dispute and by helping them in the dispute management process through liaison with the ATO, on their behalf, making sure that we address the issue in a coherent manner.
