Our Services
Statutory Registrations
If you are a business or a sole trader you might have to meet various registration requirements determined by, the state and territory you belong, business structure you choose, industry you operate, volume of turnover, employee or subcontractor you engage and so forth. Some of the registrations we look after includes:
- ABN application for sole trader
- GST registration
- Registration and setup of Company, Trust, Partnership & SMSF
- TFN application
- Payroll Tax registration
- FBT registration
- Intellectual Property (IP) registration
- Worker Compensation set up
- Business insurance and public liability insurance assistance
- NDIS registration assistance
Tax and Compliance
We will look after all your ongoing tax compliance matters and be one-stop shop for financial year end. We assist you in implementing tax minimisation strategies and maximising your eligible deductions in a cost-effective manner. Our structured tax & compliance services include:
- Preparation and lodgement of tax returns and financial accounts for individuals, companies, trusts, partnerships, and self-managed superfund
- BAS, IAS, FBT, Land tax and Payroll tax reporting obligations
- Preparation and lodgement of taxable payments annual report (TPAR) for subcontractors
- Superannuation Guarantee Charge (SGC) submission
- Tax controversy including ATO reviews and audits
- Statutory accounting and financial reporting in accordance with IFRS
Ongoing Finance Function
We will look after all your ongoing tax compliance matters and be one-stop shop for financial year end. We assist you in implementing tax minimisation strategies and maximising your eligible deductions in a cost-effective manner. Our structured tax & compliance services include:
- Preparation and lodgement of tax returns and financial accounts for individuals, companies, trusts, partnerships, and self-managed superfund
- BAS, IAS, FBT, Land tax and Payroll tax reporting obligations
- Preparation and lodgement of taxable payments annual report (TPAR) for subcontractors
- Superannuation Guarantee Charge (SGC) submission
- Tax controversy including ATO reviews and audits
- Statutory accounting and financial reporting in accordance with IFRS
Business Advisory
Master your tax with our structured and personalised strategic approach based on your business needs and exact goals. Depending on your circumstances, we aim to provide bespoke solutions by implementing effective tax planning strategies to minimise your tax and achieve your key objectives ensuring that your business is moving in the right direction.
- Business plan, valuation and exit strategy
- Strategic tax planning and advice for small businesses and high-end net worth individuals
- Tailored tax advisory services including business restructuring, assets protection, tax consolidations and employee share scheme.
- Comprehensive tax advice on investment profitability, negative gearing, and various investments scenarios
- Advice and assessments in relation to capital gain tax, GST, Division 7A issues and stamp duty matters
Virtual CFO Services
As your business grows, you will need more support in terms of taking responsibility for your business numbers and financial challenges in everyday operations. By providing tailored services, we will help you prepare for the various stages of company growth whilst minimising the various risk areas along the way. Having virtual CFO on call will help monitor and analyse financial health and well being of the company by integrating into day-to-day operations, analysing & reporting company finances and increasing efficiency in terms of operations and cost. Our virtual chief financial officer offers:
- Strategic business advise & mentorship
- Monthly/ Quarterly KPI Meetings
- Cashflow modelling, reporting and management
- Budget and forecasting preparation, analysis, and tracking
- Management reporting and dashboard reporting
- Business benchmarking
Government Grant and Tax Incentives
The Australian Government and States & Territories offers several grants and tax incentives for small and medium size business to help and encourage them to grow. Unfortunately, only few business owners take advantage of them as many small businesses are not aware of what is out there or whether they qualify to take advantage of that extra cash finding which they can use to reinvest in their business. At Enfinite Advisory, we work closely with our clients to identify which schemes are applicable to their businesses and then assist them in the documentation, reporting and entire submission process. Following are the key government grants and tax incentives that we look after:
- Small Business New Employee Grant
- The Research & Development (R&D) Tax Incentive
- The Early Stage Innovation Company Program (ESIC)
- The Export Markets Development Grant (EMDG)
- The Entrepreneur’s Programme
- Small Business Entrepreneurs Grants Program (QLD)
- The Export Market Development Grant
SMSF Accounting
Superannuation is one of the best ways to accumulate wealth and save for your retirement. A growing number of Australians are choosing to manage their own superannuation through a Self-Managed Super Fund (SMSF) as the government encourages Australians to take responsibility for reaching their financial retirement goals. A Self Managed Superannuation Fund allows you to stay in charge of your super and leave the time-consuming administration and compliance to us. Our Services includes:
- Establishment of your Self-Managed Superfund
- Administration of annual reporting requirements