Tax Advisory
This is the proactive and strategic counterpart to tax compliance. It’s about planning ahead to legally minimise your tax liability and improve your cash flow.
What it is: Strategic advice on how to structure your transactions and affairs to operate in a tax-efficient manner.
Key Activities:
- Tax Minimisation Strategies: Advising on legally available deductions, offsets, and concessions (e.g., R&D Tax Incentive, instant asset write-off, small business CGT concessions).
- Structuring Advice: Recommending the most tax-effective structure for your business operations, investments, or new ventures (e.g., using a company, trust, or combination).
- Transaction Support: Providing tax due diligence and advice for mergers, acquisitions, or the sale of a business.
- Succession Planning: Advising on the tax implications of transferring business ownership to family members or partners.
- International Tax Advice: Guidance on cross-border transactions, withholding taxes, and double tax agreements.
Why it’s valuable: It directly saves you money and improves profitability by ensuring you are not paying more tax than necessary. It turns tax from a mere cost of doing business into a strategic element of your financial plan.
