Our tax consultants identify opportunities to mitigate the impact on businesses, their owners and their dependents so that they pay less tax. The top priority at Grant Thornton is to minimise your business and personal tax exposures by legitimate planning and by being aware of the changing requirements of our taxation system.
Business tax planning
The provision of advice designed to help clients cope with the full range of business taxes, tailored to meet the particular requirements of any given assignment.
Goods and Services Tax
Advice on the GST system including:
- registration and compliance
- availability of grouping
- nature of supplies
- availability of input tax credits
Fringe Benefits Tax
Assistance with all fringe benefit tax issues including:
- conducting mock fringe benefit tax audits to ensure all benefits have been included
- salary packaging advice
- how to calculate your fringe benefits tax liability
Capital Gains Tax
Advice on alternative methods of funding property, plant and equipment including, for appropriate assets, an analysis between outright purchase, lease, hire purchase and contract hire.
International tax
Advice on international tax matters including:
- the most effective business structures
- the effects of double tax treaties
- expatriate planning
- position of overseas employees
- structuring inbound and outbound investments
- transfer pricing issues
- withholding tax requirements
Research and development
Advice on all research and development tax matters including:
- what research and development activities qualify for the tax incentive
- assistance with registration
- advice on government grants
- deductions available for industrial
- property such as copyrights, patents and designs
Corporate advisory services
Advising clients on public listings and preparing reports for inclusion in public documents.
Employment taxes
Provision of advice on all employment taxes including:
- review of business systems and procedures to identify problem areas
- advice on the PAYG system
- advice on the superannuation guarantee charge
- conducting mock superannuation guarantee charge audits to ensure compliance
- Advice on payroll tax and how the grouping provisions can effect your payroll tax liability