Accounting & Tax

We offer comprehensive accounting and tax services to ensure your financial records are accurate, compliant with current regulations, and optimized to help you maximize savings. Our services aim to minimize tax liabilities and provide clarity on your financial position, giving you the confidence to make informed business decisions.

Tailored Business Structures for Long-Term Success

Business Structure

Choosing the right business structure is foundational to your financial success and compliance. Whether you’re a sole trader, partnership, company, or trust, we help you identify and implement the structure that best fits your business needs. We consider key factors such as tax efficiency, asset protection, and long-term growth strategies, ensuring you are set up for future success. We also assist with any necessary registrations and ongoing compliance obligations related to your chosen structure.

Restructure for Maximum Profitability and Tax Efficiency

Tax-Effective Business Restructuring

As your business evolves, its structure may need to change to remain tax-efficient and competitive. Our tax-effective business restructuring service evaluates your current setup and recommends modifications that can reduce tax liabilities, improve operational efficiency, and safeguard assets. We help navigate complex tax laws during the restructuring process, ensuring that the transition is smooth and compliant with all regulatory requirements, without triggering unnecessary tax consequences.

Proactive Tax Planning for Sustainable Financial Health

Tax Planning

Our proactive tax planning service is designed to help you anticipate future tax obligations and reduce them wherever possible. We work with you throughout the year, analyzing your income, investments, and other factors that affect your tax liabilities. By leveraging tax credits, deductions, and deferrals, we ensure that you keep more of your hard-earned income while remaining compliant with ATO regulations. Whether you’re an individual or a business, our forward-thinking approach ensures that you are prepared for tax season and avoid unexpected liabilities.

Innovative Strategies to Legally Reduce Your Tax Liabilities

Tax Minimization Strategies

Tax minimization is about using the tax laws to your advantage. Our team develops personalized strategies that help lower your tax burden without crossing into risky or illegal territory. We identify opportunities for deductions, superannuation contributions, income splitting, trust setups, and other techniques that align with your financial goals. Our focus is not just on short-term savings but on creating long-term, sustainable strategies that support your financial growth while keeping your tax obligations as low as legally possible.

Accurate, Compliant Tax Returns and Clear Financial Reporting

Tax Return & Financial Statement

Preparing and lodging tax returns can be a daunting task, but we simplify the process by ensuring all your financial records are accurate, up-to-date, and fully compliant with ATO regulations. Our team works diligently to prepare your tax returns for individuals, businesses, and trusts, maximizing deductions and minimizing errors. We also provide comprehensive financial statements, including balance sheets and profit and loss statements, giving you a complete picture of your financial health and helping you make informed decisions for the future.

Flexible ATO Payment Solutions for Financial Relief

ATO Payment Arrangement

If you find yourself unable to meet your tax obligations in full, we can assist in negotiating ATO payment arrangements that work for you. We understand the complexities of ATO requirements and work to secure an arrangement that aligns with your cash flow while avoiding penalties and interest charges. Whether you need to negotiate a deferred payment or installment plan, we’ll guide you through the process to help protect your business from financial strain and ensure compliance with ATO obligations.

Expert Tax Consulting for Complex Financial Situations

Tax Consulting

Tax law is complex and constantly evolving. Our tax consulting services provide you with expert advice on a wide range of tax-related issues, ensuring you remain compliant while maximizing tax efficiency. Whether you’re considering a significant business transaction, dealing with international tax issues, or navigating complex ATO audits, we offer strategic advice that is tailored to your unique needs. Our goal is to help you mitigate risks, take advantage of opportunities, and develop long-term tax strategies that align with your business or personal goals.

let’s talk

Your Partner to Business Success!

Schedule a free consultation with our team and let’s make things happen!

We want our customers to feel we’re in business together. We hope that in the day to day of looking after you as a client, that everything we do makes you feel supported, inspired and that we’ve got your back solving your challenges.

© 2024 LG Accounting Solutions. All Rights Reserved.

Contact Info

Join us on Socials!