Capital Gains Tax (CGT)


The CGT provisions are a complicated area of tax legislation that can lead to significantly varying outcomes depending on a range of concessions and exemptions. It is therefore critical that you obtain the specialised advice to ensure you minimise your CGT exposure.


Our team is ready to assist in providing you with all the details and specialist advice.


Fringe Benefits Tax (FBT)


The FBT system has become increasingly technical and complex that many employers are unintentionally not complying with their obligations. The FBT year also has a reporting period that commences on 1 April with a balance date of 31 March.


FBT applies to all businesses who provide benefits to employees in respect of their employment. It is important you have appropriate systems in place to minimise your compliance and administrative burden.


We can help you navigate this complex area today!


Goods & Services Tax (GST)


Since the introduction of GST in 2000 the framework has become increasingly convoluted with the compliance process involving various lodgement dates and requirements depending on the size of your business.   


GST is a consideration for every transaction. We can assist you with compliance with the following:


  • Advice on GST registration requirements
  • Lodgement of GST returns
  • Assistance with administration and leveraging software to minimise the compliance burden

Non-residency


We can assist non-residents, temporary residents, expats and working holiday makers with their Australian taxation obligations. It is difficult for non-resident taxpayers to navigate the complexities of Australia's income tax and withholding tax obligations.


At eQuiess CA we have extensive experience providing advice in the following areas:


  • Outlining Australian income tax and withholding tax requirements
  • Assistance in determining your Australian tax residency status
  • Advice on resumption of Australian tax residency
  • Completion of non-resident or temporary resident Australian income tax returns
  • Capital Gains Tax obligations specific to non-residents
  • Business structuring and advice
  • Liaising with the ATO on your behalf, where required


We can also assist in more complex matters, which may involve providing advice on the operation of Double Taxation Agreements between relevant tax jurisdictions.


Taxation


Taxation can be a major cost to your business. We 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:


  • Implementation of tax effective trust structures for asset protection and tax minimisation
  • Preparing activity statements and advice on tax payments
  • Income Tax/GST/FBT obligations
  • Liaising with the ATO on your behalf, including negotiating payment arrangements where required
  • Assisting with any ATO audits or disputes

Wine Equalisation Tax


eQuiess Chartered Accountants has extensive experience in this niche area of the Australian Taxation system and can assist your business in ensuring your obligations are met and understood.


Our services in this area include:


  • Wine Equalisation Tax registration
  • Advice and guidance on Wine Equalisation Tax requirements
  • Wine Equalisation Tax calculations
  • Producer Tax Rebate eligibility
  • Assisting with any ATO audits or disputes