The Australian tax laws are complex, making the compliance and lodgment requirements for individuals, partnerships, companies, trusts and superannuation funds (SMSF) onerous and exacting.
At T H White & Co our staff continuously keep updated with new legislation and developments in all areas of taxation, enabling us to provide the best advice and solutions possible.
Our particular focus is to advise on the best structure, not only through which to conduct the business, but to minimize the taxation obligations legally.
Our depth of experience and knowledge enables us to provide tax solutions that work, for all types of taxpayers.
We prepare and lodge tax returns and assist with tax planning and strategies, for:
Quick Tax Return: We cater for the quick, “on the spot”, tax return, specialising in back packers and non-resident taxpayers.
Business and Investor Tax Return: We cater for the sole trader business tax return, including rental property schedules, share and investment schedules.
Business and Investment Partnerships: We cater for partnerships of individuals, trusts and companies
Business and Investment Trust: We cater for Discretionary Trust, Unit Trust and Hybrid Trusts
Business Entity: We cater for small to medium proprietary company structures and also “Large” proprietary companies that may require statutory audits under the Corporations Legislation.
Self-Managed Superannuation Funds (SMSFs)
Superannuation Fund: We cater for all SMSF reporting requirements, including the annual tax return.
OTHER TAXATION SERVICES AND ADVICE INCLUDE:
Goods and Services Tax (GST)
GST: We do registrations and advise on operating, buying or selling a business; purchasing and selling real estate , including property developments and GST implications.
BAS, IAS and PAYG
Preparation and Lodgment: We prepare and lodge Business activity statements (BAS), Installment activity statements (IAS), and Pay as you go (PAYG) statements.
Fringe Benefits Tax (FBT)
FBT: We prepare and lodge FBT returns and advise on employer obligations and appropriate record keeping requirements.
Capital Gains Tax (CGT)
CGT: We advise on all aspects of CGT, including
- Small business concessions
- CGT rollovers
- Main Residence exemption
- Sale of shares and investments
- Property investments
- Inherited assets
Indirect Taxes: Payroll Tax, Land Tax and Stamp Duty
Payroll Tax: We can prepare and review you returns, minimizing your obligations.
Land Tax: We can review and ensure that your land tax assessment is correct.
Stamp Duty: We can review and ensure that the correct stamp duty is paid and appropriate exemptions are applied, where applicable.
Tax Audits and Compliance Reviews
ATO Tax Audits and Reviews: We can assist with this process and also offer tax deductible Audit Insurance to cover all professional fees up to a capped limit.
Tax–Effective Restructuring: Business structures are sometimes costly and even more costly to unwind. We can suggest the right business structure and also review your existing structure, to ensure tax minimization is being achieved.
Business Start Up Advice
Business Start Up: We can guide you through the ATO record keeping requirements, including the appropriate registrations.
Rental Property: We can provide you with taxation advice and solutions regarding your rental property, including deductible expenses and CGT issues upon sale or transfer.