Our tax advisory has the best local tax advisors
Taxes can be a lot to handle, especially for small and medium-sized Gold Coast businesses. Fortunately, our skilled tax advisory team is here to lend a hand.
Guiding you through the process of tax planning, tax compliance and tax reporting, we offer customised tax advice to ensure you keep your Gold Coast business on the right track with its tax responsibilities.
Making sure you get the best advice for your business, we break down the confusing tax laws and show you how they affect your bottom line.
Plus, we have a number of ways to help you save money on taxes and boost your business profits.
Our tax advice & tax compliance services
Trustworthy tax advisory services
Accurate and prompt tax reporting is crucial. Taking great pride in guaranteeing that our clients are always compliant with the law, regardless of your industry or chosen sector, we tailor a solution to suit your needs.
Working with you to identify the specific areas of your business that require attention, we create a customised plan to ensure that your business remains fully compliant. Staying up to date on the latest laws and regulations, we take taxes seriously and never compromise on accuracy or compliance.
We make sure you get all the advice you need on tax-related issues, at the exact time you need it. If you’re looking for a tax advisor on the Gold Coast, you can rest assured knowing we’re always here to lend a helping hand.
We specialise in tax advice for a range of circumstances
Small business CGT concessions
At Altias Advisory, we specialise in assisting small businesses with the intricacies of Capital Gains Tax (CGT) concessions. These concessions are crucial in reducing or completely eliminating potential capital gains from the sale of business assets, significantly impacting your financial future. Our services include:
- Eligibility Assessment: Analysing your business and assets to determine eligibility for CGT concessions.
- Strategic Planning: Tailoring strategies to maximise your CGT concessions, enhancing your business’s financial outcome.
- Compliance and Documentation: Ensuring all requirements are met and documentation is correctly prepared and lodged.
- Advice and Support: Providing comprehensive advice on how to best utilise CGT concessions as part of your broader tax and business strategy.
Our aim is to secure the best possible outcomes for our clients, ensuring that you fully benefit from the concessions available to your small business.
GST consulting and compliance services
Since the year 2000, GST has become one of the most important tax issues for both small and large businesses when considering your day-to-day transactions. Whether it be new business ventures, new structures, property developments, or merger and acquisition activities, GST can become complex.
The ATO expects all businesses – whether SMEs or large organisations – to have effective processes and controls to identify and meet GST obligations.
Our GST experts have in-depth experience in providing practical and commercial advice to organisations of all shapes and sizes and can advise your business when structuring your transactions and arrangements.
International tax
Navigating the complexities of international tax can be daunting for businesses operating across borders. We have expertise in the nuances of international taxation and are here to guide you through every aspect. Our international tax services include:
- Cross-border tax planning and compliance
- Transfer pricing strategies and documentation
- Foreign investment structuring and compliance
- International tax treaty analysis and application
- Managing double taxation agreements
- Expatriate and inpatriate tax services
- Foreign tax credit optimisation
- International payroll and employee taxation
- Repatriation of profits
- Tax risk management for multinational operations
Our tailored advice is designed to protect your assets and ensure your global operations are efficient and compliant with international tax laws.
ATO audit support
Facing an Australian Taxation Office (ATO) audit can be daunting, but with Altias Advisory by your side, you can navigate this challenging process with confidence. Our ATO audit support services include:
- Pre-Audit Preparation: Conducting a pre-emptive review of your financial records and tax filings to identify and rectify any potential issues before the ATO does.
- Representation: Acting as your representative during the audit, dealing directly with the ATO on your behalf to ensure your rights are protected and your case is presented accurately and effectively.
- Documentation and Evidence Submission: Assisting in gathering, organising, and submitting all required documents and evidence in a timely and efficient manner.
- Negotiation and Dispute Resolution: Negotiating with the ATO to resolve any disputes and achieve a fair outcome, including arranging payment plans if necessary.
- Compliance Advice: Providing expert advice to improve your tax compliance processes, reducing the likelihood of future audits.
With our expertise and support, you can approach your ATO audit with peace of mind, knowing you have experienced professionals on your side.
2nd opinion on tax
If you’re uncertain about your tax position or the advice you’ve received elsewhere, we offer a second opinion service that brings clarity and confidence to your tax planning and compliance efforts. Our second opinion on tax includes:
- Comprehensive Review: An in-depth analysis of your current tax strategy, filings, and outcomes to identify potential oversights or opportunities.
- Objective Assessment: Providing an impartial evaluation of your tax situation and the advice you have received, ensuring that it aligns with your business goals and tax obligations.
- Alternative Strategies: Offering alternative tax strategies and solutions that may better serve your financial interests and compliance requirements.
- Risk Evaluation: Assessing potential risks associated with your current tax position and recommending measures to mitigate them.
- Actionable Recommendations: Delivering clear, actionable advice based on the latest tax laws and regulations, tailored to your specific circumstances.
Altias Advisory gives you the peace of mind that comes from knowing your tax affairs have been thoroughly evaluated by expert advisors committed to your best interests.
Effective tax planning strategies
At Altias, we’re a team of professionals with a deep understanding of tax laws and regulations. Working hard behind the scenes, we come up with the most effective tax planning strategies.
Helping you to structure your business in a way that maximises your tax benefits, we make sure you remain fully compliant.
Worried about missing a deadline or paying too much?
Providing valuable support and guidance to business owners, we manage your tax affairs and make sure you’re meeting your obligations.
With our specialist team by your side, you’ll never have to worry about missing a deadline or paying too much.
Tax Advice FAQ’s
How can Altias Advisory's tax advice help me grow my business?
Altias Advisory’s tax advice is tailored not just to ensure compliance with tax laws but to strategically benefit your business. Our approach focuses on understanding your business goals and financial situation to offer personalised tax strategies that can enhance cash flow, maximise tax deductions and credits, and ultimately support the growth and scalability of your business. By identifying opportunities for tax-efficient investments and operations, we aim to bolster your profitability and provide a solid foundation for long-term success.
What is the difference between tax advice and tax planning?
Tax advice and tax planning, while closely related, serve distinct purposes. Tax advice involves providing expert opinions and recommendations tailored to an individual or business’s specific financial situation, focusing on compliance and optimisation of tax liabilities. It often addresses immediate questions or concerns about tax laws, deductions, and liabilities. Tax planning, on the other hand, is a more proactive and strategic approach designed to manage one’s financial affairs in ways that minimise tax liabilities over time. It involves forward-looking strategies to take advantage of available tax benefits within the framework of the law, with an eye on future tax implications of current financial decisions.
What is the process for working with Altias Advisory on tax advice?
Working with Altias Advisory on tax advice begins with a comprehensive consultation to understand your business or personal tax situation, goals, and challenges. Here’s our step-by-step process:
- Initial Consultation: Reach out to us via our website or on 07 5592 0037. We’ll then schedule an initial meeting to discuss your needs.
- Discovery Session: During our first meeting, we’ll conduct a deep dive into your current financial situation, including reviewing any historical financial documents. This can be done face-to-face or online.
- Strategic Tax Planning: Based on our discovery session, we’ll develop a customised tax strategy that aligns with your objectives and maximises your tax advantages.
- Implementation: We will assist you in implementing the recommended tax strategies and adjustments to your financial practices.
- Ongoing Support and Review: Our relationship doesn’t end with implementation. We offer ongoing support and periodic reviews to ensure your tax strategy remains effective and is adjusted according to any changes in tax laws or your financial situation.
Is tax advice tax deductible?
Yes, in many cases, the fees paid for professional tax advice, particularly when it pertains to business operations or investment activities, can be tax deductible. This includes expenses incurred for the preparation of tax returns, audits, and advice on tax liabilities. However, the deductibility of these expenses can depend on the specific circumstances of your financial situation and how the advice relates to your income-producing activities. It’s important to keep detailed records of these expenses for accurate reporting and to consult with us for advice specific to your situation.
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