An accountant that is preparing tax returns. Accounting and tax return documents, pages and calculators. An elderly couple planning with their superannuation funds. A business man working on his investment property in Gordon.

Tax Consulting and Problems

Prior to a problem

Taxation is an aweful beast. If you underpay tax you may be liable to payment of the tax, penalties and interest. However, on the flip-side if you overpay tax it also comes with a cost. But the worst position is the taxpayer who thinks they did nothing wrong who doesn't seek an opinion. They often meet with the ATO and confirm to them they made a mistake then wonder why they have a tax problem.

Obtaining tax advice before embarking on a venture, new transaction or audit enquiry is the safest option. This advice should come from a tax practitioner but may also be supported by tax rulings, determinations or even a private ruling applicable to your circumstances. The advice may limit or prevent future penalties and avoid a claim of recklessness. The consulting advice should always consider not just income tax but also GST, stamp duty, legal risks, asset risks and estate planning.
Our advice ranges from general guidance and advice through to formal written advice following careful review and consideration of your specific circumstances.

Found a problem?

Clients who encounter an emerging tax problem should seek advice immediately prior to the problem escalating. Received an ATO Notice?, been advised a desk review is planned?, a phone enquiry or an unscheduled drop-in from the Tax Office ?? All have the potential to become a serious issue and we have seen something as simple as a single letter escalating to criminal prosecution in a court.


Rule 1 : Before reply to an ATO enquiry seek advice except if Rule 2 applies
Rule 2 : See Rule 1.


If you are affected we can review your issue and provide immediate guidance. We may also be able to delay action and seek additional time to prepare information or your defence.  Should your matter require legal counsel and representation we have worked with leading legal specialist counsel in the past and can rapidly access appropriate professional legal support that may resolve matter prior to costly appearances and appeals. If it does proceed to court your defence can be quickly prepared and handled.

Our staff possess over 15 years of extensive experience. We are able to offer very competitive charge rates compared with leading city-based firms.

Please note that we generally will not discuss pending prosecution matters by phone and will require a face to face meeting.
 

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Tax Specialists

We specialize in providing proactive tax planning strategies for our clients. High earning individuals and business clients can benefit by speaking to one of our tax advisors.

Bookkeeping

Good, fundamental book keeping will ensure that your accounts are up to date and give you proper control of your business. With over 85% of business failure attributed to poor financial control, skilled and professional bookkeeping will give you results that speak for themselves.

Superannuation Planning

Taking the time to plan for your future makes good financial sense. Ensure you have the money to live the lifestyle you'd like during your retirement.

Investment Properties

Preparation of negative gearing tax schedules for all investment properties. Including Depreciation Calculations and Special Building Write offs.