Superannuation & SMSF Strategy
SMSF strategic advice and compliance (including pension commencement and strategy, SMSF borrowing and direct investment structural advice).
This type of advice is often sought by people who may wish to take control of their own destiny with SMSF (Not always, but often business owners and senior professionals) and people who may have had defined benefit super options, but then need to take a more active involvement in managing that money once received.
SMSF's are not for everyone, but for those they do suit, they can be flexible and effective wealth accumulation and management vehicles, and quality strategic advice is a must.
Ask yourself the following questions:
Do I have an interest in taking responsibility for my own future and making the most of strategic opportunities with a SMSF?
If I were to pass away, is there enough funds to care for my dependants, and is the legal paperwork in place to ensure the right money gets into the right hands at the right time?
Is my superannuation being invested and managed properly, and will it be adequate to fund my retirement?
If you are not sure if you can answer these questions, please book a complementary appointment to discuss your options.
IEC Advisory understands that to apply accounting methodologies correctly, and to present your business performance in the optimal format, they need to work with you to understand your business.
In doing so we can ensure that your business has financial reporting which is not only compliant but also supports you in driving the success of your business. Whether it be management decisions, funding proposals, contract negotiations, or strategic planning IEC Advisory has the accounting knowledge and experience to support your business.
IEC Advisory aims to provide accounting services which do not just deal with what happened in the past but also support decision making for the future.
For more information regarding Accounting, Enquire Now.
At IEC Advisory we offer a full range of taxation services. Our tax advisors take time to understand the overall objectives and provide quality advice based on proven knowledge and experience. We are supported by real time updates & predictive capabilities from a nationally recognised tax and accounting resource in CCH. Our proactive approach ensures we deliver consistent service and build solid relationships that stand the test of time.
Taxation can be a major cost to your business. We will work with you to minimise your tax and help you achieve your key objectives. We provide a complete service of assistance and advice in each of these areas:
- Advice on, and implementation of, tax effective operating trust structures for asset protection and tax minimisation
- Advice on agreements in order to not only understand the commercial but also the taxation outcomes.
- Preparation & lodgement of compliance returns including:
- Income tax returns
- Business Activity statements
- Fringe Benefits tax
- Payroll Tax
- Instalment activity statements
- Advice on your employer obligations in relation to both superannuation guarantee & PAYG Withholding obligations
- Advice in relation to Fuel tax credit eligibility and lodgement of claims in relation to same.
- Managing any ATO audits or disputes
For more information regarding Taxation, Enquire Now.
The GST system is a complex and confusing one. Consequently IEC Advisory ensures our team remains up to date with any changes, enabling us to offer you accurate advice.
Every transaction now has an associated GST issue. We are experienced in these issues and can offer expert advice on the GST implications for your business. The GST-related services we offer include, but are not limited to:
- Advice on registering for GST
- Review, correction & lodgement of GST returns
- ATO audit assistance
For more information regarding GST Management, Enquire Now.
The rules for FBT payments change on a regular basis. At IEC Advisory we keep up to date with the latest tax trends, enabling us to provide accurate advice on preparing FBT returns. We can also advise on the FBT consequences of proposals you intend to make, ensuring you make informed decisions.
Rather than paying excessive amounts of FBT, let the experts answer your tax queries. We can help you develop and complete the administration for a cost-effective employee benefit plan.
For more information regarding FBT, Enquire Now.