Tax and Accounting

Our accounting arm, SYG Group Accountants, provide a full range of accounting, taxation, business advisory and consulting services to clients across a wide range of industries and business growth phases, as well as to families and individual clients. Our services include:

 

Financial & Management Accounting

Taxation Planning & Compliance

Business Advisory

Self Managed Superannuation

GST

Succession Planning

 

Financial & Management Accounting 

We will provide you with reliable and timely information to ensure you make the right decisions for your business. Our goal is to help you maximise your profits now and in the future.

 

Our financial & management accounting service includes:

 

  • Bookkeeping internal & external

  • Budgets      

  • Cash flows

  • Financial statements

Taxation Planning & Compliance

For the business owner, we specialise in tax planning and consulting together with compliance services, capital gains tax, goods and services tax, fringe benefits tax, and superannuation.

 

For individuals, we prepare and lodge income tax returns electronically, ensuring all sources of income are disclosed and deductions correctly claimed and maximised.  We also advise you on strategies you could employ to help you could minimise taxation.

 

Our taxation services include:

 

  • Preparation & lodgement of tax returns for all structures

  • Amendments to tax returns

  • FBT returns

  • Payment summaries

  • Annual payment summary reconciliation

  • ATO liaison

  • Registration/Deregistration - TFN, ABN, PAYG, FBT

  • Capital gains tax 

  • Dividend 7A agreements

  • Depreciation schedules & rates

  • Tax structures

  • Payroll tax

  • Private rulings

  • Salary sacrifice

  • Stamp duty

  • Debt restructure

  • Tax planning

 

Business Advisory

 

Our Business Advisory services include advise on:

 

  • Business structures

  • Budgeted P&L & BS

  • Business health check

  • Business needs analysis

  • Finance proposals

  • Cash flow preparation

  • KPI analysis         

  • Lease v buy

  • Succession planning

  • Exit strategies

  • Wealth creation

  • Tax structures

  • Financial planning

  • Management meetings

  • Strategic planning

  • Business plans

 

Self Managed Superannuation

 

We can assist you in all aspects of establishing and managing your Self Managed Super Fund, including advice and action on;

 

  • Superannuation fund setups including all registrations

  • Preparation of financial statements            

 

  • Preparation of taxation returns

  • Superannuation guarantee contributions

  • Deed amendments

 

GST

 

Our GST services include;

 

  • Registration/Deregistration - GST, ABN, PAYG

  • Business activity statements (BAS)

  • Instalment activity statements (IAS)

  • Annual GST returns and reconciliations

 

Succession Planning

   

An owner of a business cannot continue managing forever, therefore succession planning should be considered to ensure there are appropriately qualified people ready to assume key positions to ensure the ongoing viability of the business.

 

We can assist you with developing business transition and exit strategies, and help you ensure they are implemented for the benefit of you and your business.

 

With family businesses, in particular, the succession situation can be delicate and we will work with you to help you determine the best course of action for all concerned.