Tax Compliance Obligations
As a business grows, keeping track of all the forms, financial statements and returns required by various government bodies can be a real nightmare. Our accounting and tax compliance team can manage all your regulatory obligations and ensure all related documentation is accurate and up-to-date. Let us take care of your:
Reducing capital gains tax (CGT)
We can help you to:
- Assess your eligibility for small business CGT concessions
- Review your business structure and its implication on CGT
- Develop strategies to reduce your CGT.
Fringe Benefits Tax
A fringe benefit is a 'payment' to an employee, but in a different form to salary or wages. Examples of benefits that might incur FBT include:
- Company car
- Car parking
- Health insurance
- Mobile phones
- Meals and entertainment
Tax audits and ATO reviews
Tax audits or ATO reviews can be highly stressful.
Our experienced tax accountants are here to help, from preparing the documentation required through to negotiating reduced penalties and extensions. If you find your business subjected to a tax audit contact our tax team for support.
Employee share schemes and remuneration
Employee share schemes (ESS) are a popular strategy to financially incentivise staff to focus on a company’s profits and success. However tax treatment of an ESS can be complex. We can help you:
- Establish and administer the ESS
- Determine employee eligibility for ESS tax concessions
- Calculate ESS discounts and tax implications.