Services
TAXATION
We employ our own team of highly qualified and experienced accountants in our accounting team. Our accountants have a range of diverse skills and understand your business. By undergoing constant training and testing, you can be assured your accountant is up to date with the latest tax law and tax planning.
For us tax planning is pro-active, we analyse the implications for your business and advise on the most tax effective structure. We ensure you are using the most tax effective business or personal structure so you can minimize your tax liability.
Some of the services in the taxation include:
- Income Tax Returns for Individuals, Partnerships, Trusts, Companies
- Fringe Benefits Tax
- Financial Statements
- Superannuation Fund Returns and Audit
- Capital Gains Tax
- Negative Gearing
SUPERANNUATION
Superannuation has always been fraught with complexity and is a challenge for most self-employed, employees and employers. This is where Allwood & Ryan can help you. Allwood & Ryan have undergone extensive training in this very specialized area. We have a specialist superannuation practice geared to maximize your future lifestyle.
Our firm also has a Self-Managed Superannuation Fund area (or DIY Fund). We are seen as a leader in this area, by other firms using our resources to assist them. Self-Managed Superannuation Funds allow you to:
- Gain Control over how your superannuation money is invested
- Achieve lower management fees then what a financial institution would charge you
- Opportunity to outperform other managers
- Gain Creditor Protection by having your assets in your own Super Fund
- Taxation Benefits – Capital Gains Tax rate of 10%
FARM ADVISORY
Farmers are the backbone of the Australian landscape. They regularly have to work through drought, flood and bushfires. Crops still have to be harvested, cows to be milked, and sheep shorn. We also do a lot of work with farmers selling their farm, gaining maximum taxation benefits. We can assist farmers selling to the blue gums or to the next generation. Farm Management Deposits are also used extensively by our rural clients.
ESTATE PLANNING
The decisions you have to make about succession planning can cause friction in your family. Not dealing with this issue often ends up making the situation worse.
We believe that it is important to identify any potential underlying cause of discontent and to work through these with you to achieve a united succession plan for your family.
Capital Gains Tax, Stamp Duty and other charges can play havoc with your family’s wealth. But it doesn’t have to be like this. With the right structure and careful attention to the tax implications of your estate planning you can ensure a secure future for your family.
BUSINESS DEVELOPMENT
Our Business Development Specialists work to define the best strategies to achieve your business goals. Who better to analyse your financial performance indicators and make recommendations to manage the trends than the accountants who know your business. We work to help your business create wealth through practical management recommendations set for a defined period and designed to directly affect your bottom line.
Some of the services in Business Development include:
- Business Plans
- SWOT analysis
- Strategic Planning
- New Business Advice
- Sale of Business Advice
- Budgeting
- Cash flow Planning
- Business Consulting
- Self-Managed Super Funds
- Structure Advice – trusts, partnerships and companies.
- Key Performance Indicators
- Benchmarking your business against other similar businesses
- Business Name Registration
BOOKKEEPING
Want your BAS completed on time, every time……. Every business requires a bookkeeper they can trust. We have a team of experienced bookkeepers who can manage your books to prepare your BAS statements and Income Tax Returns. We offer a monthly reporting service for you, so you can still feel in control of your business. You can be assured that your books are completed on time and correctly and all records are confidential.
By using our bookkeeping service you will have more time to devote to your business and family rather than spending valuable time over paperwork.
For more information please email your accountant.
BAS PREPARATION
Many clients use our BAS preparation service every month or quarter. By using our electronic service directly with the Tax Office we are able to provide you with extensions for the time to lodge your BAS return.
BAS preparation should not take you very long if you are spending too much time preparing your BAS, you should use our in-house bookkeeping service.