PLAN

Planning is a very important part of being a successful business and maximising your business after tax returns. The following are some of the planning tools that we offer:

 

Tax planning for businesses

Do you want to know how to maximise your after tax return from your business? We offer annual and ongoing tax planning advice and forecasts to enable you to minimise your tax and manage your cash flow effectively.

We tailor our services to suit your business depending on the size and complexity of it and the individuals involved.

Some of the tax planning strategies that we use and help you implement include SMSF and retail Superannuation contributions, capital acquisitions, prepayment of expenses, restructure or setting up new structures.

We also work closely with Financial Planners and External Business Consultants to plan and exit strategies on the sale of businesses to ensure your after tax return is maximised.

 

Business acquisitions or new business start ups

Are you thinking of buying a business or setting one up from scratch? We can help by providing you with detailed, customised advice and assistance on choosing and setting up an appropriate tax structure.

The important things you need to look for are asset protection, tax minimisation and ensuring your business bookkeeping is as easy as possible.

We specialise in the setup of the following structures:

1. Discretionary Trusts.

2. Unit and Fixed Trusts.

3. Private Companies.

4. Partnerships.

If you are purchasing an existing business we can also offer you services to assist in the purchase process to ensure the hand over are a smooth as possible.

 

Choosing an Accounting program

We can help you choose, set up and manage your accounting program. We specialise in Cloud accounting programs like Xero and MYOB Live accounts for small businesses and MYOB Accountright for medium to large businesses.

If you prefer, we can look after the bookkeeping for you, we specialise in Xero, MYOB Live or Banklink to do in house bookkeeping. All of these programs receive live feeds from you bank statements so we can keep you up to date without you having to post us anything!

To find out more about our bookkeeping solutions, please give us a call 08 9478 1338 or email reception@iaat.com.au.