Business Acquisitions & Mergers

There are several scenarios where you might wish to attain a business enterprise. Whatever the situation, GoodmanTaylor Accountants can remove the stress from the process and maximise the opportunity for you.

Whether you are considering buying a business or merging with another business, we have the experience and expertise you require. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated? We ask the right questions, and find the required answers.

The services we provide cover every stage of the process - From identifying potential acquisitions and negotiating the commercial elements of the transaction to forecasting the future of the business. Our services include:

• A review of your goals and objectives

• Due diligence services

• Preparation of financial forecasts

• Advice on the potential pitfalls and rewards involved in a merger

• Assistance with purchase negotiations

• Advice on financing

• Assistance with preparing a business plan

Drawing on the skills of professionals reduces your chances of purchasing an unsuitable business. Let GoodmanTaylor Accountants show you how our experience can save you stress and provide you with the great opportunity a business acquisition or merger can be!

Business Structure Reviews

Have you given much thought to the legal structure of your business?

Businesses can outgrow the structure it was created under. However, you are not locked into your existing business structure.

For successful businesses, simple business structures such as a sole trader or a partnership rarely work as they leave the business exposed.

Most successful businesses operate through companies and trusts which are perfect for minimising tax, reducing personal legal liability, maximising asset protection, adapting to the changing needs of the business and allowing succession at ease.

Changing your business structure is an important decision and it is something you want to get right. If you want to talk through your options with someone who is highly experienced or are unsure about how to go about it, we’re here to help.

ATO Audits

We help you keep off the ATO’s radar and will always warn you if we think that you are likely to get audited and work with you to mitigate any risk. If you need assistance with an audit, our experienced team can assist you to resolve the issues quickly.

Company Secretarial

We are Registered ASIC Agents and act as an intermediary between ASIC and our clients. Completing ASIC forms can be a difficult and error-prone process. We help our clients comply with ASIC requirements and ensure that all necessary forms are lodged with ASIC on time including changes to share structure, appointing or removing directors, changes to addresses etc.

Superannuation advice

Legislation around superannuation is continuously changing. We help our client with Super Guarantee (SG), Super Guarantee Charge (SGC), Super contribution caps, and calculate maximum ‘Bring Forward’ amounts and Carry Forward’ amounts.

Tax planning

You have a right to arrange your financial affairs to keep your taxes to a minimum. However, you need to make sure your arrangement to reduce tax is legitimate and lawful.

Tax planning is a key element of wealth creation. There is no one-size-fits- all approach to tax planning.

Tax planning needs to take into account new and prospective tax legislation. Effective tax planning needs to deal with a range of taxes including income tax, GST, Fringe Benefits tax, payroll tax, land tax etc.

Our highly experienced team can help save tax, build wealth and grow your personal wealth and business.

Business Registrations

If you/your business does not comply with government requirements it can result in penalties and fines or affect your tax rate.

The compulsory registrations for a business include a tax file number, and an Australian Business Number (ABN).

Other registrations such as Goods and Services Tax (GST), Pay As You Go Tax (PAYG), Fringe Benefits Tax (FBT), Payroll tax, Land tax may also apply.

You/your business may also require registrations with Australian Securities & Investments Commission (ASIC).

We evaluate all our clients’ registration requirements and ensure they comply with regulations.