Taxation Strategies Sunshine Coast

Taxation can be a major cost to your business. Our team of experts tax accountants will work with you to legally minimise your tax and help you achieve your key objectives.

Taxation Sunshine Coast

At Wardle Partners Accountants & Advisors we offer a full range of taxation strategies. Our taxation consulting division is nationally recognised and we offer advice based on proven knowledge and experience. Our proactive approach ensures we deliver consistent service and build solid relationships that stand the test of time.

We provide a complete service of assistance and advice in each of these areas:

Preparation of income tax returns for companies, partnerships, trusts, self-managed superannuation funds and individuals.
Preparing activity statements and advice on tax payments
GST/FBT obligations
Advice on, and implementation of, tax effective trust structures for asset protection and tax minimisation

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Taxation Services:

Taxation Planning

Under Australian Tax law businesses and individuals have the right to structure their financial affairs to reduce or minimize their tax obligations, this is often referred to as tax planning or tax minimization. Tax minimization is legitimate when you do it within the legal requirements.

Wardle Partners offer a range of strategies to help minimize your tax, some of these strategies can include:

Deferring income
Rolling money into Superannuation
Co-contributions to Superannuation
Distribution of income for business owners
Business deductions for bad debts, obsolete stock, slow moving stock, maintenance costs or education costs.

Fringe Benefits Tax

Since 1986 the Australian Government has taxed employers on most non-cash benefits they provide to their employees in respect of employment. The tax is known as Fringe Benefits Tax. The tax is levied on the employer and not the employee, however, it is common for the employer to pass on the tax to the employee in salary sacrifice arrangements.

Generally, a fringe benefit is a non-cash benefit paid to an employee. The benefit may be in addition to a salary or the only benefit provided to an employee. The fringe benefit can benefit an individual, their spouse or their child/ren.

The rate corresponds to the top marginal income tax rate for individuals, including the Medicare Levy (47% for the Fringe Benefits Tax year ending 31 March 2019, 2020, 2021, 2022 and 2023).

Goods and Services (GST)

By carefully capping the number of clients we work with, we ensure every relationship gets the dedicated time, focus, and expertise it needs. This allows us to deliver personalised guidance, prompt communication, and custom strategies tailored to drive your business goals forward.

Payroll Tax

Employers need to register with the relevant state or territory revenue office when the wages they pay exceed the threshold applicable in the state or territory. The threshold amount varies in each state and territory.

Details are provided on the Payroll Tax Rates and Thresholds page. Wardle Partners can assist your understanding and attending to your payroll tax reporting obligations.