Accounting, Taxation and Business Advisory

Our focus is to understand your business. We recognise that every business is unique and different, and our dedicated team of Chartered Accountants take the time to understand what you do, how you do it, and most importantly, why you do it.

We work with you based on how you work best. Our combined experience in serving small to medium sized businesses allows us to understand the many business cycles that a business goes through, and we tailor our services and advise accordingly.

Our services are focused on solutions rather than problems. From compliance obligations to future planning and strategic advice; our approach is based on our core ethos – helping you achieve financial success.

Some of the key services provided by the Romanis Cant Business Services Division include:

Business Structuring Advice

  • Business structuring advice including consideration of asset protection issues, funding and finance, taxation matters, succession planning and industry specific considerations
  • Establishing appropriate entities including:
    • Companies
    • Family (discretionary) trusts
    • Fixed (unit) trusts
    • Hybrid trusts
    • Charitable trusts
    • Self-Managed Superannuation Funds

Business Advice

  • Expert advice on start-ups, business growth and exit strategies
  • Preparation of three-way financial forecast modelling including profit and loss, balance sheet and cash flow projections
  • Feasibility studies in relation to business investments and asset acquisitions
  • Analysis of potential taxation implications of investment decisions
  • Liaising with banks and non-bank financial institutions
  • Interpretation of and advice with respect to financial reports and information
  • Cloud Accounting Strategies
  • Business valuations

Taxation

  • Preparation & Lodgement of Company, Trusts, Partnership, Superannuation, Individual & Sole Trader income taxation returns
  • Preparation & Lodgement of Business Activity Statements
  • Compliance and advice in relation to other taxes and duties including capital gains tax, fringe benefits tax, payroll tax, land tax and stamp duty
  • TFN, ABN, GST, FBT, PAYGW, Payroll Tax registrations
  • Liaising with the Australian Taxation Office in relation to debt and other compliance issues

Financial Reporting

  • Preparation of Financial Accounts including:
  • Accounts for year-end statutory reporting obligations
  • Special purpose financial reports
  • General purpose financial reports
  • Consolidated financial reports
  • Interim financial reports
  • Management financial reports

Superannuation

  • Establishment of Self-Managed Superannuation Funds
  • Preparation of audited year-end financial reports
  • Preparation & Lodgement of Superannuation income taxation returns
  • Liaising with auditors and actuaries
  • Advice on:
    • Superannuation Industry Supervision Act compliance issues including investment rules
    • Concessional & Non-Concessional Contributions rules and limits
    • Superannuation Co-Contribution
    • Salary sacrificing strategies
    • Pension Payments
    • Retirement Income Steams
    • Transition to retirement Pensions
    • Taxation of Superannuation Death Benefits

Australian Securities & Investments Commission (ASIC)

  • Maintain corporate registers
  • Liaise with ASIC in relation to ongoing corporate compliance matters
  • Appointment and resignation of office holders
  • Issue / transfer / cancellation of share holdings