Business Advisory & Tax

To help you reach your goals, we get to know your business intimately, together with the environment in which it operates.
Our partnering approach and commitment to client service will ensure that timely and effective advice is provided and the most productive outcomes for your business are achieved.

Tax Planning

As part of our service, we also provide clients with the opportunity to have a tax plan completed each financial year.  Tax plans are usually conducted between March and June each year and involve reviewing your information for the financial year to date, estimating income and expenses for the remainder of the financial year and making recommendations on ways you can legally minimise your tax obligations.

By way of example, tax planning may involve the following recommendations:

  • The appropriate use of superannuation contributions
  • Deferring income where possible
  • Reviewing income received for any income received in advance
  • Bringing forward expenditure that will be incurred in the foreseeable future
  • Utilising Government incentives (e.g. Small Business Immediate Asset Write Off)
  • Farm management deposits
  • Effective use of both income tax losses and capital losses
  • Negative gearing opportunities
  • Expense prepayments (e.g. leasing rent)
  • Assessment of tax benefits on fixed asset acquisitions

Our business services and taxation directors are highly experienced in tax and strongly believe that proactive tax advice adds significant value.

Tax Lodgement

State Taxation

We prepare and lodge:

  • Payroll Tax Returns
  • Duty related transfer documents
  • Land Tax assessments

Tax legislation is continuously changing, our professional development program ensures our office is across changes in legislation as they happen. We consider this to be of utmost importance for advising you as a client.

Federal Taxation

We prepare and lodge income taxation returns for all business structures:

  • Companies
  • Trusts
  • Partnerships
  • Individuals
  • Self-Managed Superannuation Funds
  • Consolidated groups

We also prepare and lodge:

  • Business Activity Statements
  • Instalment Activity Statements
  • Fringe Benefits Tax Returns
  • Superannuation Guarantee Charge Statements

We can also assist with rebates that you may be eligible for such as Fuel Tax Credits and the Research and Development tax offset/refund.

International Tax

Hall Chadwick QLD has developed its international tax and structuring services through many years of experience working with clients across diverse countries and regions. Our team’s multicultural composition enhances our global capabilities, with staff members fluent in multiple languages throughout our head office.

Together with our local expertise in international tax and structuring, we also benefit from being a member of PrimeGlobal. As an association of Independent Accounting Firms with global reach, this network provides us access to experts worldwide, around the clock. This international collaboration enables us to offer our clients comprehensive support and depth of advice as they pursue their international aspirations.

Business Advisory

Hall Chadwick QLD has a dedicated business advisory team with over 40 years of experience. As business advisors it is our job to provide you with the tools you need to make key business, management and financial decisions. We will partner with you and get to know your business intimately, together with the environment in which it operates. Our approachable, authentic approach and commitment to professional client service will ensure that timely and effective advice is provided and the most productive outcomes for your business are achieved.

General Advisory

Information in business is key to being able to make the right decisions at the right time. Hall Chadwick QLD will deliver you reports and provide advice in the following areas:

  • Appropriate structuring when starting or expanding your business (both onshore and offshore)
  • Strategic/Business Planning for the operation of your business
  • Assistance with the recruitment of key personnel in the financial department, including the Chief Financial Officer and Finance Operating Officer
  • Advice on your obligations as a Director
  • Monthly or quarterly preparation of management reporting, including budget setting/forecasting, cash flow modelling, and reporting on key financial indicators and ratios
  • Advice and assistance to companies on complying with their ASIC reporting obligations (e.g. Director or shareholder changes, allotment or transfer of shares)
  • Assist in settling shareholder disputes
  • Advising clients on business acquisitions and mergers including due diligence

Accounting

We provide high quality periodic preparation of financial accounts, including:

  • Provision of accounting services to all types of structures
  • Preparation of statutory accounts, if required by regulatory bodies such as ASIC or QBCC
  • Preparation of consolidated financial statements for company groups
  • Liaising with you to understand your financial software requirements to ensure your management reporting data is accurate, timely, and useful to you

Taxation

We offer advice in many areas of taxation, by way of example some of these include:

  • Capital Gains Tax (CGT), including utilisation of available concessions, such as small business or main residence concessions
  • Establishing employee share plans
  • Forming a tax consolidated group
  • Structuring of your affairs to ensure tax effectiveness for you while complying with your legal requirements
  • Liaising with the Australian Taxation Office in relation to payment plans and other matters
  • Research and Development tax incentive
  • International tax systems, particularly throughout Asia

Bookkeeping

Quality bookkeeping is vital to any business in ensuring all transactions and financial records are kept up to date. We can provide assistance to ensure your business is completing the following:

  • Correct methods are used to record many transactions
  • Preparation and lodgement of your Activity Statements
  • Month end procedures, including bank reconciliations, debtor and creditor reconciliation and closing the accounting software for the month
  • Training employees in how to use various programs

Corporate Advisory

  • Cash flow modelling and management
  • Conducting reviews on how you can increase the value of your business
  • Reviewing business performance and searching for ways to enhance business performance
  • Minimising financial risk
  • Preparing cash flow budgets and 3-way forecast models
  • Managing daily cash flow requirements
  • For a number of clients our directors act in an outsourced CFO role and/or sit on the board of the business

Banking and Finance

HCQ Finance is Hall Chadwick QLD’s dedicated finance partner, providing clients with a single point of access to commercial, agricultural, asset and personal lending solutions. Their team combines deep industry knowledge with practical, hands-on expertise to deliver tailored funding strategies that support business growth and long-term stability.

Working closely with Hall Chadwick QLD, HCQ Finance helps clients secure funding that aligns with their goals, from purchasing a business and acquiring property to financing equipment, managing cash flow and navigating complex agribusiness lending.

With access to a broad panel of lenders and decades of combined industry experience, HCQ Finance delivers solutions across:

  • Commercial lending
  • Equipment and asset finance
  • Agricultural finance
  • Home and personal lending

Government Programs

We have assisted many clients with successful preparation & lodgement of applications for funding from:

  • AusIndustry (e.g. Research and Development)
  • AusTrade (e.g. Export Market Development Grants)
  • Queensland Rural and Industry Development Authority (e.g. Disaster Recovery, Productivity Loans)

Insolvency

In conjunction with member firms of the Hall Chadwick Association, we have provided advice in relation to small and medium business matters in the following circumstances:

  • Providing specialist advice in an Independent Accountants Report for secured creditors
  • Providing specialist advice in relation to ‘trade on’ or asset realisation strategies involving business assets
  • Providing consultancy services in relation to turnaround or enhancement of the performance of business enterprises

Estate and Succession Planning

We have advised a large number of clients on succession and estate planning. This often involves passing the business and assets from one generation to the next. Key areas of expertise we can provide advice on:

  • Transferring goodwill inherent in the owner to the business, enabling a business sale
  • Creating strategies for planning an owners exit up to 5 years in advance
  • Extracting wealth from the business for the owners personally
  • Implementation of Employee Share Plans and management buy outs
  • Safeguarding assets from insolvency and marital breakdowns. We also have close, long term, relationships with legal experts working in this field.
  • Tax effective methods of transferring wealth from one generation to the next including use of trust structures
  • Interaction between estates and superannuation

We recently assisted a family business worth more than $30 million (comprising of multiple business structures and properties) with an effective reorganisation across 2 generation and key management personnel.

We have also assisted a family group worth over $50 million, with multiple business structures properties, with their estate planning. Together with the client and our network of trusted legal advisors, we were able to allow for a smooth and tax effective transfer of wealth across 3 generations of the family.

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