GST & Indirect Tax
GST and indirect taxes can add a significant time and cost burden to your business. This is more complicated if your business trades internationally. We can minimise the impact of GST and other indirect taxes by advising you on the relevant rules, providing dispute resolutions and lodging your returns.
GST in particular can impact a business’s cash flow so it needs to be managed effectively.
Indirect taxes affect every business and navigating the myriad of rules can be onerous.
We can minimise the impact of GST and other indirect taxes, as well as simplifying your compliance burden.
We assist all types of organisations with indirect tax, from multinational companies to privately held businesses and not-for-profit organisations, through to new businesses and start-up enterprises.
Our services include lodgement of returns, private ruling requests, objections and appeals, dispute resolution and advice on compliance requirements for:
- GST
- Land tax
- Stamp duty
Maximise any savings opportunities
Our advisors will work with you to meet your obligations and maximise any opportunities available as a result of your business’s particular circumstances. We can help you with:
- Preparation of GST reports using our specialist software
- GST compliance work
- Practical, clear recommendations to resolve specific GST and indirect tax questions / issues
- Systems review
- Private Ruling Requests from the Australian Taxation Office to confirm GST treatment
- Cash flow planning
- Obtaining GST customers deferral for importers
- Assessing GST implications for overseas companies
Real Businesses, Real Stories
Success stories from the client we have assisted.
Long term wealthpreneur® clients found an opportunity to purchase a surgery set on 800m2 of land. GST payments on this type of investment can be a major impact on the sale or future expenses.
wealthpreneur® provided assistance to the client before and after the sale by firstly determining whether the land would be subdivided, developed or held as part of the surgery. Then wealthpreneur® checked if the Contract of Sale had GST on the sale. Finally, wealthpreneur® assisted the client with detailed information on the GST Margin Scheme.
wealthpreneur® minimised the impact of GST by advising the client on the relevant tax rules, which resulted in the client saving $120,000 in GST costs.
Contact our specialist accountants on +612 8896 6166 to book your Discovery Consultation to discuss your specific needs