BUSINESS CONSULTING

Business Consulting services include advice in relation to the most appropriate structure to trade from taking into account the commercial ramifications of the business and industry, as well as, the dynamics of the partners, and or family members involved. This is on top of the necessary taxation advice that would be given as to why one structure is more appropriate than another, irrespective of commercial reasons. Let us take the stress and complications out of buying or selling your business. Our business experts will work alongside you throughout the process or simply provide practical and timely advice as you need it. Our services include:

• Start-up and development appraisals
• Due diligence investigation
• Business valuations and recommendations
• Assistance with business acquisition or sale negotiations
• Establishment of business entities and group structures
• Debt management and bank appraisal submissions
• Evaluation of lease, hire-purchase and other finance options
• Asset protection strategies
• Preparation of business Information Memoranda
• Business coaching
• Immigration assistance

ESTATE PLANNING

JM Partners understands the peace of mind that comes with a well-designed estate plan. We will work closely with you to eliminate any uncertainties about how your assets are protected and dealt with by ensuring that an appropriate structure and plan are in place to maximise the value of the estate whilst reducing taxes and other expenses. We can assist you with:

• Wills and letters of wishes
• Powers of attorney
• Testamentary trusts

SUPERANNUATION PLANNING

Superannuation services, involve the maintaining of the necessary records required to produce the financial statements, taxation returns, and satisfy the audit requirements. The process used by this firm involves the use of standardised working papers for taxation purposes and a separate set for audit purposes. We are not involved in any form of financial planning other than to advise clients whether the proposed investment is suitable, given legislative constraints, where applicable. Superannuation is an important investment for most Australians and as such requires specialist planning to prepare and secure an appropriate retirement and risk management plan. Superannuation options and tax laws are constantly changing therefore our knowledgeable team can advise you on the option most suited to your particular needs to enable you to achieve long-term financial security whilst meeting compliance needs. Our experienced professionals can assist you with the following:

• Creating a superannuation plan or fund to meet your retirement objectives
• Employer requirements under choice of superannuation fund legislation
• Employment costs and requirements

TAX CONSULTING

Taxation services, involve the basic individual taxation returns, comprising of one or two PAYG summaries, some bank interest, and or dividends, to others that include distributions from trust funds, public or otherwise, rental properties, foreign pensions, and or other foreign income directly or indirectly. Then there are returns for individuals, partnerships, companies, and trusts that involve both trading and or investment activities, these being a direct result of the gathering, coding, reconciliation, and verification of the necessary data to produce the financial statements required. The financial statements are used from time to time as required by clients to produce cashflows for either maintaining finance facilities or for obtaining refinancing. Working out the best tax structure for your needs can be time consuming and confusing. Our taxation specialists will work closely with you to build a thorough understanding of your specific tax position and compliance requirements. We will then create tailored tax strategies that best address your particular situation. Our taxation specialists can assist you with:

• income tax services, including returns, GST, capital gains and employment taxes
• Business Activity Statements (BAS) and Instalment Activity Statements (IAS)
• Tax-effective capital and corporate structures
• Asset management systems and analysis
• ATO administration and compliance
• GST compliance and reporting audits
• Tax audit defence strategies and assistance
• Advice for high net worth individuals and families
• International structuring and tax strategies including advice in conducting business in other jurisdictions

TAX COMPLIANCE

Working out the best tax structure for your needs can be time consuming and confusing. Out taxation specialists are committed to staying up-to-date with changes to taxation laws and will work closely with you to build a thorough understanding of your specific tax position and compliance requirements. We will then create tailored tax strategies that best address your particular situation in order to minimise tax and avoid penalties. Our taxation specialists can assist you in the following areas:

• Income tax services, including returns, GST, capital gains and employment taxes
• Business Activity Statements (BAS) and Instalment Activity Statements (IAS)
• Tax-effective capital and corporate structures
• Asset management systems and analysis
• ATO administration and compliance
• GST compliance and reporting audits
• Tax audit defence strategies and assistance
• Negotiation with ATO re taxation disputes and debt management arrangements
• Advice for high net worth individuals and families
• International structuring and tax strategies including advice in conducting business in other jurisdictions

XERO ACCOUNTING SYSTEM

Xero is an online accounting system that gives you easy access to your bank transactions, invoices, reports and GST – anytime you need it, anywhere in the world. With no upfront installation, you can be up and running with Xero in no time. Xero has a range of pricing plans designed to suit your business needs.

OTHER

Other areas, include usually as a result of the aforementioned is due diligence required when clients are looking to purchase an existing business, franchise, and or establish a new business from scratch. The same is also when the client is the vendor, as well. This will include liaison with other accounts, solicitors, banks, and bookkeepers, in order to produce the desired result for the client.