Geoff Lloyd

Title

Partner - Tax

Experience
Geoff has over 35 years experience as a tax adviser.  In 2001, Geoff set up and led the expatriate tax practice in Adelaide for a Big 4 accounting firm, before joining Grant Thornton in 2007. 

Geoff has detailed understanding of the needs of clients in relation to international (and domestic) transfers of staff, recruiting from overseas (or interstate). There is both an employer and employee dimension to consider.

Employer impacts include the significant time, effort and costs involved; selection success or ‘strike rate’; structuring effective remuneration; and impact on employees (a key asset). Geoff has himself worked outside of Aust (for three years) and so has a unique awareness of not only employer costs and tax issues, but also the important ‘people’ dimension eg career, social, cultural, and family impacts.  How the employer and employee identify, address, and resolve the above matters affects the overall experience, efficiency, and ‘cost’ (financial and otherwise) of the relocation. Geoff’s knowledge and experience can provide effective solutions.

Geoff believes key considerations include:

• Do you have an HR policy and strategy in relation to Expats?  Is it ‘best practice’?
• Are offer letters struck so as to maximise prospects of acceptance? Are they tax-effective for the employee so as to give the employer ‘best bang’ for its remuneration outlay?
• Tax compliance, visa compliance, reputation risk
• Impacts of transfer on social security/retirement schemes (superannuation), and on share based compensation plans (employee share schemes)

Geoff is passionate about assisting clients and providing value-added solutions. He will listen to your problems and concerns, and provide innovative solutions to continuously improve what you do.  His knowledge and experience will maximise benefits and minimise cost impacts to both employer and employee.

Sector experience
Clients for whom Geoff has provided tax compliance and consulting assistance include:

• Santos; Mitsubishi Motors; University of Adelaide; Carnegie Mellon University; Harley Davidson;  Motorola;  Vedanta Mining/Copper Mines of Tasmania
• Course leader for Grant Thornton International Expat Tax training
• Head of Expat tax services, Grant Thornton Aust;  tax advisory and compliance work for international secondees for each Aust office is undertaken by Geoff and his team in Adelaide

Professional qualifications

• Bachelor of Economics
• Associate of the Institute of Chartered Accountants (ACA)
• Fellow of the Tax Institute of Australia
• Registered Tax Agent

T  +61 8 8372 6676
E geoff.lloyd@au.gt.com