Tax Advice And Consulting Services

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Finally, peace of mind about your tax

Pay less tax, reduce your tax obligations and maximise your profits with help from a business tax specialist.

Are you paying too much tax or struggling to meet your tax obligations? You’re not alone.

Whether you’re just getting started, undertaking a major transaction or looking to grow, we’re here to help.
The right business tax advice and tax consulting services can empower you to make better choices, avoid tax traps, and build a clear roadmap to maximising your after-tax wealth. Our tax services have you covered for:

  • Tax planning and minimisation
  • Tax return preparation and lodgement
  • Tax advice and compliance (GST, capital gains tax, fringe benefits tax, etc.)
  • Specialist tax advice for complex matters
  • Tax audit management and dispute resolution
  • Indirect tax advice (payroll, stamp duty, land tax, etc.

Why it’s vital you consult an experienced tax consultant

Taxation is a complex subject that’s fraught with danger for the misinformed and poorly organised. It’s far too easy to slip up and:

  • Pay more tax than required, leaving you with less capital to build your wealth
  • Fail to pay enough tax and end up with large bills, interest, penalties and audit costs, often when you don’t expect or can least afford them
  • Miss your lodgement date, incur late lodgement penalties, stricter lodgement deadlines and increased ATO scrutiny
  • Impair access to funding because you have less equity or funders worry about management.

Fortitude tax consultants have the longstanding experience to help structure major transactions more effectively for tax, plan ahead to streamline compliance, identify potential tax risks, and pinpoint ways to minimise your tax bills.

We deliver proactive advice and electronic lodgement services to make sure you’re in good shape and not taking any undue risk that can come back to bite you later.

We can also manage tax audits and disputes on your behalf – taking the stress off your shoulders and protecting your position.

Make better, sounder and smarter tax decisions with Fortitude’s tax services. We pave the way to lower taxes and higher after-tax wealth for your added peace of mind.

Book a free 30-minute consultation now on 1300 551 040 or email us for more information.

FAQs

What are the main benefits of using Fortitude’s tax services?

Adopting Fortitude’s tax services and business advice allows you to: 

  • Minimise tax payable and maximise after-tax wealth 
  • Streamline compliance, lower risk and achieve greater peace of mind 
  • Navigate competing priorities, and manage your tax affairs in line with your circumstances and overarching goals. 

What is annual tax planning?

Annual tax planning is a process that involves: 

  1. Ascertaining your group’s year-to-date profit 
  2. Forecasting the profits to come 
  3. Calculating the taxable income for each group member 
  4. Exploring tax minimisation strategies and implementing the most suitable strategy to maximise your group’s cash flow and after-tax wealth 
  5. Revising the tax calculations and summarising the expected outcomes. 

When does your annual tax planning need to be completed?

Your annual tax planning needs to be completed early enough to allow for implementation before the end of the financial year. Once the end of the financial year passes, it’s too late to implement many tax strategies. 

What impact does the choice of business structure have on tax?

Your choice of business structure has many tax implications, including: 

  1. The applicable tax rates 
  2. Your income splitting ability 
  3. The treatment and taxation of capital gains 
  4. Your access to specific tax concessions 
  5. The application of specific tax laws, such as Div 7A, Fringe Benefits Tax and indirect taxes. 

Can Fortitude handle tax audits or disputes with the ATO?

Yes. Fortitude has extensive experience managing tax audits and disputes for both income tax and indirect taxes, including a range of matters from simple to complex and high-stakes. We vigorously defend your position and resolve these issues on your behalf, mitigating stress and safeguarding your financial position. 

How does Fortitude cater to businesses at different stages or growing rapidly?

Regardless of whether you are starting a new business, growing an existing business or contemplating a significant transaction, our tax advice and consulting services are tailored to suit you. We focus on the specific details of the tax issues at hand, while also considering your broader tax and non-tax circumstances, goals, and objectives. Fortitude helps you understand and manage competing objectives, ensuring sufficient focus on your key priorities. 

What are the main benefits of using Fortitude’s tax services?

Adopting Fortitude’s tax services and business advice allows you to: 

  • Minimise tax payable and maximise after-tax wealth 
  • Streamline compliance, lower risk and achieve greater peace of mind 
  • Navigate competing objectives and manage your tax affairs in line with your circumstances and overarching goals.