Taxation

Achieve Your Key Objectives

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.

Taxation can be a major cost to your business. We will work with you to minimise your tax and help you achieve your key objectives. We provide a complete service of assistance and advice in each of these areas:

• 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
• Managing any ATO audits or disputes
• For exisiting and new clients wishing to manage your tax affairs online, please contact our office so that we can email you a link to set up your access first, then click on the “Sign in” below to send us your details and upload any documents or pictures (can be done using your phone App too).

Onvio Client Centre

GST Management

The GST system is a complex and confusing one. Consequently, Aware Financial Services Pty Ltd ensures our team remains up to date with any changes, enabling us to offer you accurate advice.

Every transaction now has an associated GST issue. We are experienced in these issues and can offer expert advice on the GST implications for your business. The GST-related services we offer include, but are not limited to:

• Advice on registering for GST
• Filing and adjusting GST returns
• ATO audit assistance

Self-managed Superannuation Funds

There are several trust laws and legislative requirements for setting up a self-managed superannuation fund (SMSF). Typically you need to:

• Obtain a trust deed
• Appoint trustees
• Sign a trustee declaration (NAT 71089)
• Elect to become a regulated fund
• Obtain a tax file number (TFN)
• Obtain an Australian business number (ABN)
• Keep good and accurate records of all your activities as Trustees
• Prepare and maintain an appropriate investment strategy for the benefit of your members
• Have a risk management strategy and policies to protect your fund and members (includes insurances)

At Aware Financial Services we provide the professional compliance, tax, and accounting advice you need to set up your own fund and greatly simplify the process for you. Please note that any financial advice is provided through our association with Synchron Business Services Pty Ltd. Refer to our financial planning services for more information.

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