Tax & Superannuation

Taxation

At Fahey & Walsh we offer a full range of taxation services. 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.
  • Goods & Services Tax & Fringe Benefits Tax obligations.
  • Advice on, and implementation of, tax effective trust structures for asset protection and tax minimisation.
  • Managing any Australian Taxation Office audits or disputes.

Goods & Services Tax

The GST system is a complex and confusing one. Consequently Fahey & Walsh 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 Goods & Services Tax.
  • Processing, filing and adjusting GST returns.
  • Australian Taxation Office audit assistance.

Superannuation

As the Government encourages Australians to take responsibility for and reach their financial retirement goals, citizens are repeatedly required to deal with superannuation funds. Self-managed superannuation is a means of saving for retirement. It enables you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.

Superannuation law is a delicate area and personalised planning is required for each individual. The team at Fahey & Walsh are superannuation experts who can assist in establishing a superannuation fund that will effectively enable you to reach your financial retirement goals.

Self-Managed Superannuation Funds (SMSF)

As the Government encourages Australians to take responsibility for and reach their financial retirement goals, citizens are repeatedly required to deal with superannuation funds. Self-managed superannuation is a means of saving for retirement. It enables you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.

Superannuation law is a delicate area and personalised planning is required for each individual. The team at Fahey & Walsh can assist in establishing a SMSF superannuation fund that will effectively enable you to reach your financial retirement goals.

Australian Financial Services Licence

Since 1 July 2016, advice about superannuation must be provided through an Australian Financial Services Licence.

In order to provide personal advice to our clients in relation to superannuation and self-managed superannuation funds, Fahey & Walsh has chosen to be authorised through the SMSF Advisers Network Pty Ltd (SAN) – the Australian Financial Services Licence of the National Tax and Accountants’ Association Ltd (NTAA).

SAN supports our practice in providing advice regarding:

  • Establishment of SMSFs.
  • Contribution strategies (amounts, types, withdrawal and recontribution).
  • Pension strategies (account based and transition to retirement).
  • Transfer of business real property into superannuation.
  • Withdrawals, commutations and death benefit payments.
  • Limited Recourse Borrowing Arrangements.
  • Provision of an asset class investment strategy (based on an assessment of your risk profile).
  • Winding up of SMSFs.

Aspire Business Solutions NQ Pty Ltd t/as Fahey & Walsh is a Corporate Authorised Representative (Reg No. 128 8523) of SMSF Advisers Network Pty Ltd.
Kayleen Walsh is the Authorised Representative (Reg No. 124 5387) of SMSF Advisers Network Pty Ltd.
ABN: 64 155 907 681    AFSL: 430062    www.san.com.au

If you have any questions in relation to your superannuation, please ask to make an appointment to speak with us.