Anthony Carafa
Director
We work with you and your lawyer to ensure that your estate will pass to the next generation in a tax effective manner, taking into account your particular structures and individual circumstances. We will work with you to plan for succession within your business, whether this be the next generation of your family or an exit event to fund your retirement.
As part of your succession planning, we will take into account the structures within your group that hold your assets, and ensure that there are mechanisms in place for these assets to transition to the next generation in a tax effective manner.
We will work in conjunction with your lawyer to ensure that your estate planning takes into account the above structures, as well as planning for tax effective asset and wealth transition.
We will help you to plan for retirement including considering future after tax income streams, cash flow planning, business exit and asset divestment.
Peace of mind that your wealth will transition tax effectively to your chosen beneficiaries.
Working with you and your lawyers to ensure your estate planning comprehensively considers your personal circumstances, your group structure, and your chosen beneficiaries, and is planned in the most tax effective manner.
Our most common services are listed below, but let us buy you a coffee to discuss your specific requirements.
Many organisations undervalue the importance of accurate and timely financial reporting. Whilst you might not get as excited by the numbers as we do, we pride ourselves of our preparation; and our ability to keep up to date with the latest legislation changes to ensure the best possible tax position for your structure.
If you are a proactive business owner…wouldn’t it be nice to have a good grasp on the financial position of your business, with insights provided to help you make decisions NOW. Well our Management Report Packs allow just that with a full set of financials completed monthly/quarterly, and a detailed analysis provided. Take the guess work out of running your business.
Every year, many of our clients participate in our tax planning. Tax planning is the process of preparing your tax position for the end of the financial year before time, so that you can see what tax implications you may be faced with. The advantage of seeing it before time, means that we can setup structures or plan the best course to ensure you get the most optimised tax position possible.
The correct structure setup is not only the best way to ensure you have the most optimal tax structure, it is critical for asset protection. The risks of operating a business are great; so you need to ensure that you are operating in a structure that offers you the greatest protection. We help by providing advice around the most optimal structure for you.
The highest performing teams are assembled with mutually reinforcing strengths. Numbers are our strength…so what better way to ensure that your business is performing optimally than getting one of our team involved on a regular basis. From Payroll assistance, to cashflow management, our Virtual CFO services will ease your financial management concerns.
Along with year end compliance, our accounting firm in Melbourne also handles all other regulatory compliance services such as Business Activity Statement preparation, IAS, PAYG summaries, Payroll Tax, Land Tax, R&D concessions and more.
Equipped with a team that has the experience and capabilities of a big firm, but maintaining our deep, personal connection is something we pride ourselves on. Our team are highly supported and we are conscious of wanting to keep our numbers small, but our value high.
We have a team of experienced professionals from a diverse range of backgrounds, highly qualified for every business need. Some of the qualifications our team possess include:
We take great pride in our customer service and the deep relationships we have with our clients and we are humbled to learn that our clients feel the same way.
Much like client NPS®, we take great pride in our employee engagement and the deep relationships we have with our team as we support them on their professional journey.
Director
Director
Director
Senior Client Manager
Senior Client Manager
Client Manager
No, trust assets are not dealt with under your Will, and it is important to manage the control of your trust though the Appointorship succession. You can also leave a Statement of Wishes which is designed to guide the administrator of your estate, but is not binding.
A Super does not initially form part of your estate but can be directed there, or otherwise paid directly to your chosen beneficiaries via a death benefit nomination.
A good method of ensuring your chosen beneficiaries’ wealth is protected is via establishing a testamentary trust. This ensures that their entitlement is not held personally as risk, and it also has other tax benefits.
Let us buy you a coffee to discuss your requirements.