Effective Personal & Business Income Tax Solutions
Extensive Personal and Business Taxation Solutions
At Flinders Partners, our tax accountants identify opportunities to mitigate the impact of tax on businesses, their owners and their dependents. We minimise your business and personal tax exposures by legitimate planning and by being aware of the changing requirements of our taxation system. Our staff are subject to ongoing education and development requirements in order to ensure we are at the cutting edge and can advise you accordingly.
Self-managed Superannuation Fund (SMSF) Annual Returns
As recognised specialists in superannuation compliance, strategies and structuring, our services are sought by individuals and other accounting firms alike.
Australia is home to some of the worlds most complex tax law, SMSF tax being one of the most delicate and difficult areas to manage. A minor, seemingly inconsequential mistake can have attract larger, unintended and unexpected consequences for the Trustees of the fund.
Flinders Partners Group accountants and taxation professionals are registered tax agents and experts in their respective fields. Engaging a professional will ensure your fund is compliant with ATO regulations, thus avoiding any costly additional taxes, penalties or reassessments.
Taxation Planning and Effective Taxation Minimisation Strategies
While usually always a subject of some contention, tax minimisation and mitigation measures appear in the headlines and throughout day-to-day political discourse. At this point it's important to remember that there's a very broad range of options available to taxpayers, and if you have any concerns, it's imperative you get the best advice.
Our tax planning professionals, advisors and accountants are well-versed in all aspects of Australian Taxation Law, you can have confidence that Flinders Partners Group can find a fit that's right for your circumstances.
Some examples are listed below. Please be aware this is not an exhaustive list of the tax minimisation/mitigation options that could be available to you.
- Effective structuring of the ownership of your assets
- Tax effective investing for children, spouse, dependents
- Borrowing to invest in a range of projects
- Salary sacrifice and/or salary packaging
- Tax deductible contributions to superannuation
- Managing super contributions within the caps
- Super contribution splitting strategies
- Transition to retirement strategies
- Managing tax on redundancy payments
- Structuring or transferring ownership of insurance to make premiums more tax effective
- Maximising the CGT small business concessions
- Maximising your estate by reducing tax paid by beneficiaries
- Claiming tax back from your super fund upon death – anti-detriment payments
- Assisting with tax planning before, during and after you become an Australian non-resident for tax purposes
Business Asset Structuring, Strategy and Advice
A key consideration for any proprietor is that of business and asset protection, in order to retain wealth and ensure that they are minimising risks and liabilities.
Business and asset protection is vital for any business or property owner, whether just starting out or a great many years through the financial lifecycle. Early education on this important wealth management matter is key in order to identify and minimise risks and reduce liabilities.
Flinders Partners Group possess the skills and knowledge needed to navigate this vast and complex area of commercial taxation and trust law. We partner with you to educate, guide and counsel throughout the process, with a clear objective to ensure that you, and the future generations of your family maintain control over the wealth accumulated over your lifetime.
This is achieved by developing appropriate structures and strategies, while evaluating and planning for the the future needs of your business and family/personal circumstances.
It's precisely this kind of law that requires us to develop and maintain close relationships with our clients over the long term, as understanding not only your current circumstances, but your future goals and aspirations and is key to delivering results you perhaps many never have thought possible.
Any questions?
If you would like further information about how we can help with your taxation affairs, asset protection structure and strategies or SMSF annual returns and auditing, please contact our office on (03) 9781 3155 or info@flinderspartners.com.au.
You can also email us or visit our office in the heart of Frankston. We'd love to hear from you.