Our Services

Business

Accounting
Bookkeeping
BSA License
Budgeting
Business Advisory
Business Development
Due Diligence
Management Accounting
Training & Research

Taxation

Capital Gains tax planning
Fringe Benefits Tax (FBT)
GST
Income tax planning & advice
Income Tax Returns
International Tax
Payroll Tax
Salary Packaging
Taxation Compliance

Structuring

Asset Protection
Establishment of Entities
Wealth Creation

Business

Accounting
- A fully prepared set of accounts gives you an excellent understanding of your business. Combine this with a review by one of our trained Chartered Accountants and you will be provided with insights into your business that you may never have had before.

Bookkeeping
- Our bookkeeping division provides accurate, economical preparation of accounts for BAS purposes. With the support of the accounting practice, highly accurate and accountant friendly bookkeeping is assured.

BSA License
- We can attend to all your BSA reporting needs, our extensive understanding of the BSA system allows us to solve potential licensing issues with you before they become a problem.

Budgeting
- You no longer need to be flying blind in your business. Allow IPS to prepare a dynamic budget which will have your business's progress planned and mapped out before surprises arise.

Business Advisory
- Everything from superannuation, stock control, cash flow forecasting, assistance in obtaining finance and other essential business advice can be provided to you. It is amazing what savings can be achieved with careful planning and a small amount of time invested in obtaining advice.

Business Development
- Run your small business like a big one. Allow a Chartered Accountant to sit on your board and have external accountability, as well as a peer to bounce ideas off. We could all do with a bit of coaching and assistance at times; this is what our scheduled business development program offers. See real results in real time.

Due Diligence
- For potential purchasers of a business, our due diligence procedures give buyers assurance that the business they are purchasing is performing as the current owners say it is. We review macro-economic data to ensure your purchase is a good one.

Management Accounting
- We want to understand your business. The key drivers for businesses vary depending on many factors such as the industry you are involved in. We can map out accounts and key drivers that will have you focusing on what makes you money.

Training and Research
- Have a complicated situation? We thrive on the challenge. We use our in house experts, external legal experts as well as other parties to arrive at solutions that will make you confident your business is headed in the right direction.

Taxation

Capital Gains Tax Planning
- If you have to pay tax, this is one of the best taxes to pay. Allow us to show you how, with careful planning and timing, you can minimise your capital gains tax payable. We can help to take the tax friction out of the decision to sell an asset.

Fringe Benefits Tax (FBT)
- There are many simple strategies to help minimise FBT. Planning in this area usually yields significant benefits. Compliance for FBT is also generally a nightmare for small business as it is a widely misunderstood tax. Allow us to assist in preparing your FBT returns to ensure you only pay what you have to.

GST
- The tax office have openly said that the time for the education process on activity statements and GST is over. It is now costly to make an error on your BAS (Business Activity Statement), with penalties ranging from 25% - 100% of the error, don't allow yourself to boost the governments tax take. Have your BAS reviewed by our team or contact us if you require assistance with an ATO desk audit. We can help you to lodge your BAS on time and correct.

Income tax planning and advice
- As part of your overall wealth and investment planning, tax planning can assist you in reaching your goals by ensuring that you are only paying what you need to in tax, and no more. A dollar in tax saved is a dollar that you can use to invest or to reduce debt. Our advice is given on this basis and usually a small investment in advice can yield significant savings.

Dream House Income Tax Returns
- from Mums and Dads through to big business, we have the know how, experience and facilities to have your income tax returns done on time and with the maximum refund available.

International Tax
- Australia is a multicultural country, which often means that a lot of Australians have assets overseas or businesses overseas. There is complex interaction with Australian Tax Law and international laws. We have specialists who are well versed in NZ, USA, South African and UK tax laws and the relationships with Australia. We also have the ability to investigate and comply with other countries. The tax offices of various countries share a lot more information now than in the past, don't allow yourself to be targeted, see us for advice on how to meet your tax obligations.

Payroll Tax
- The most unfair tax of all. We can offer remuneration strategies that alleviate some of the burden of this terrible tax on employers. We have experience in all states and territories and know the variances between the states and territories. Allow us to prepare your payroll tax return and implement strategies to minimise the burden of this unfair tax.

Salary Packaging
- Reduction in income tax rates has seen a decreased interest in Salary Packaging. There are still however, many valid strategies that can save you tax dollars, and get you a fancy new car or mobile phone for a fraction of the after tax cost. We have sophisticated calculations that will show the clear benefits of a structured salary arrangement which goes beyond the traditional superannuation sacrifice.

Taxation Compliance
- It is often said the only things certain in life are death & taxes. We can deal with your tax compliance so you can get on with living and conducting your business.

Compliance

ASIC Compliance
- We take care of the paperwork so you can take care of your business. Most ASIC changes are required to be made in 28 days or you will suffer penalties. Our integrated software captures your changes and keeps your company up to date for one low yearly fee. You can make as many changes as required and always remain up to date.

State Government Compliance
- Payroll tax, land tax and a variety of other state government levies form part of day to day business. We have experience in all states and can help you to always remain compliant.

Superannuation Guarantee
- We offer a complete payroll management function to ensure that not only your superannuation payments are current, but also your PAYG Tax, medical fund deductions, FBT Contributions and other payroll deductions remain up to date. All employers are liable for superannuation payments; make sure you stay on top of them with our payroll management service.

Structuring

Asset Protection
- The best asset protection is to have no assets. We can structure your affairs to achieve this while still allowing access to finance and control over your investments. The second best asset protection happens when you don't expose assets to risk. By combining your in house procedures, along with appropriate insurance, your assets should be safe 99% of the time. The structuring work we do is the last line of defence for the 1% of the time that your procedures and insurance fail.

Establishment of Entities
- We can advise which structure to use in various situations and create the structure with a minimum of fuss. Everything is done for you except opening a bank account. The establishment of a structure is the best time to get it correct. Any changes after establishment are usually costly and messy. We can set you up with inbuilt flexibility which gives maximum advantage to any structuring exercise.

Wealth Creation
- Ongoing assessment of your business and personal finance allows us to identify opportunities to grow your wealth. Structuring protects what you have accumulated and ultimately, superannuation allows you to access your wealth in a tax free environment. Small steps taken often add up to large benefits in the long run. We have people who can assist you with growing your net assets to provide retirement and lifestyle benefits to you.