Our Services
At Noel McKenney & Co Pty Ltd, we offer the full range of business and personal services expected of a leading edge accounting firm to small, medium and large companies.
From Accounting and Bookkeeping to Taxation and Estate Planning, Business Advice and Structuring through to assistance with obtaining finance – both business and private, we can help you to achieve your goals in many ways.
Income Tax
All businesses and individuals have to deal with income tax, goods & services tax, stamp duty, payroll tax – together with many other taxes on transactions. We employ trained and qualified staff who are able to provide professional and expert advice that is relevant to your circumstances.
Tax Planning
Most transactions entered into have a tax effect. We specialise in providing proactive tax planning strategies for our clients. We will work with you to understand your current financial situation and using our experience and up to date knowledge of tax, advise you on the optimum way to structure your business and finances, so your tax burden is reduced.
High earning individuals and business clients can benefit by speaking to one of our tax advisors.
Financial Advisory Capital Gains Tax Advice
Nearly every asset purchased after 19 September 1985 is subject to capital gains tax. Seeking advice prior to purchasing or selling an asset will help you to minimise your capital gains tax liability.
Fringe Benefits
Employers who provide motor vehicles, subsidised housing or loans or who pay personal expenses for employees are liable to pay tax on these benefits.
There are many other benefits that are subject to Fringe Benefits Tax and we can help identify your potential fringe benefits and devise strategies to minimise this amount.
Tax Audits
The Australian Taxation Office has publicly stated that it plans to increase its audit of taxpayers. For information on the people who are on the “hit list”, contact us.
Statutory Reporting
With Statutory Laws changing so frequently it is vital that you are kept right up to date with changes. We keep you informed of the changes that will affect you, letting you concentrate on your core business.
Financial Reporting
Our team will assist you to better understand your business’ financial position and advise you on how best to use the resources you have on the balance sheet.
Business Documentation Matters
We can also advise on and set up your record keeping systems and complete and lodge all necessary taxation and employment registrations. We can ensure all your compliance obligations are up to date for the:
- Australian Taxation Office
- Australian Securities & Investments Commission
- State Revenue Office
Self Managed Super Funds
With an ever increasing emphasis on retirement planning, clients of our Practice are establishing and maintaining their own self managed superannuation funds (SMSF’s). We assist our clients by providing the trustees and members of the fund with audited financial statements, income tax returns, statutory annual returns and other relevant documentation. In providing these services we ensure that all requirements and regulations of the SIS are met.
Specialist Advice
Noel McKenney & Co can provide specialised taxation advice on areas such as superannuation, company restructures and purchase and sale of businesses. Contact us today to see how we can help you.