Hall Chadwick QLD specialises in strategic, high-level consulting advice to the property industry including property developers, property builders, speculators and long term investors.
Areas in which we can provide advice include:
Taxation
- Detailed specialist knowledge of industry specific issues including trading stock provisions
- Regular detailed taxation planning process conducted prior to year end to optimise the tax position of a business
Accounting
- Provision of accounting services to all types of structures
Business Structuring for Growth & Effective Tax Structuring
- Analysis of the objectives of the owners both at the entity level and the personal level
- Selection of entity to purchase property – trust, company, joint venture, partnership, superfund, co-ownership etc. Considering issues such as:
- Minimisation of income tax and CGT where applicable
- How to realise/maintain property value post business operations into retirement
- Stamp Duty implications of property transactions
- Distribution of income
- Income sources for future expansion
- Asset protection (i.e. for entity and investors)
- Estate and succession planning
- Winding up of entities/exit strategy
Contracts/Agreements/Constitutional documents
- Evaluation of the impact of GST, income tax and other taxation and commercial issues
- Reviewing trust deeds in relation to ability to borrow funds, distribute income and capital, ultimate beneficiary clauses
- Creating of rights and options i.e. pre-emptive rights of purchase
Asset acquisition and disposals
- Due diligence services on sale or purchase of property transactions
- Maximising deductions on property demolitions, redevelopments
- Deducting pre-trading activities – GST credits, tax deductibility (black hole expenditure)
- Deductibility of interest, depreciation of property, fixtures, chattels
- Minimising CGT on land sales
- GST – going concern, margin scheme, GST-free sales, input taxed
- Identifying Stamp Duty issues
- Property transfers within group / related entities – stamp duties, CGT rollover, cost base, tax payable, consideration
- We have been closely involved in family and corporate transactions predominantly in the $2m to $10m range
GST
- Construction contracts – review of issues on transition to GST
- Sale of premises – gross margin scheme, going concern provisions
- Joint venture operations – implications on parties
- Claiming input tax credits on acquisitions, ongoing supplies and apportionment methodologies
- GST review of operations, including BAS preparation
- Change of creditable purpose calculations
- Advice in relation to what constitutes ‘new’ residential property
Banking & Financing
- Our firm has close relationships with the property divisions of NAB, CBA, ANZ, Westpac & Bank of Qld
- Multiple successful applications for agribusiness facilities for a wide variety of transactions including property & business acquisitions, carry on funding and working capital requirements
- We have extensive experience in assisting clients when issues arise with current financing arrangements and ongoing viability issues including liaising with banks
Audits
- Preparation of Independent Audit Review Reports for QBCC Licensing Requirements
- Assistance with ATO GST audits
Director Contacts
Rob Sendall
JB Danga
Sanil Raje
Craig Torry