Accounting

Our technically trained team will work closely with you to prepare financial reports for all types of entitles, assist you with budgeting and cash flow management for your business, help you implement the accounting systems to enable you to monitor business performance, account for your assets and investments and take care of your statutory record maintenance requirements.

Business Advisory

“Competitive strategy is about being different. It means deliberately choosing to perform activities differently or to perform different activities than rivals to deliver a unique mix
of value.” – Michael E. Porter

At Goodwin Chivas, business advisory services extend well beyond traditional accounting activities. Our aim is to facilitate and accommodate the achievement of your aims and objectives through our range of services and business solutions, which are custom
tailored to add value to your business and result in the creation of corporate and personal wealth. We realise the importance of effective planning and work with you to achieve
your business goals and meet your statutory obligations. Our specialist skill sets means you can access a diverse range of commercial knowledge and resources when required. Combining expert industry knowledge with a broad range of service offerings through affiliation with other supporting professional networks we ensure all your business needs are met in the most cost effective manner. Our Business Advisory Services include but
are not restricted to:

• Business consulting and strategic planning
• Business structuring
• Streamlining operating systems
• Cash flow management
• Payroll and employment matters

Compliance

At Goodwin Chivas, we provide a wide range of compliance services which you are likely to require in complying with statutory requirements at a state and federal level.  These services include:-

• Preparation of Income Tax Returns
• Income Tax Advice and Planning
• Capital Gains Tax
• Fringe Benefits Tax (FBT)
• Pay As You Go Withholding (PAYGW)
• Goods and Services Tax (GST)
• Land Tax
• Payroll Tax
• Workers Compensation
• Superannuation

These services consist of the timely and accurate preparation and lodgement of annual, quarterly and monthly returns as required. 

Business Start-up Services

It is important to understand that each business is unique in its operations, size and market and therefore it needs an individual analysis of what is the most effective way to operate.

We offer services to meet the requirements of starting a business.  

These include:

• Business Name and ABN establishment
• Trading structures
• Business purchases
• Structuring advice
• Contract assistance
• Asset protection
• Tax compliance – GST and income tax requirements, FBT, Payroll Tax and Superannuation
• Insurance compliance – workers compensation
• Record keeping advice

Taxation

Taxation rules are always changing.  Our team of professional tax specialists are technically adept to provide optimised solutions to realistic business situations.

We provide a range of taxation services to a large number of clients including companies, partnerships, trusts and sole traders and operating across a vast range of industries including property development, manufacturing, professional services, transport and others.

Our practical approach allows us to focus on our clients goals and meet their needs while at the same time adding value to our client's businesses.

These include:-

• Income tax
• Capital gains tax (CGT)
• Goods and services Tax (GST)
• Fringe benefits Tax (FBT)
• Tax planning

Business Valuations

In the corporate world of today a business is as much of an investment as it is a source of income.  As all astute investors know, knowledge is power and it is for this reason valuations are an essential business requirement used in decision making, negotiating a transaction price, preparing financial statements and satisfying tax and regulatory requirements.  In performing valuations, an in-depth understanding of the market and the asset is required, together with an analysis of financial and non-financial information.

How Goodwin Chivas can help you

We provide services that can support your business objectives by assisting with the development and delivery of your corporate growth strategies.  In doing so we quantify financial and business opportunities and support management in the decision making process.  This includes business analysis, financial modelling and valuation opinions.  

The Goodwin Chivas professional network extends to provide assistance in all facets of the business environment.  Our immediate professional network is drawn from accounting, corporate finance and tax, however where necessary we have access to an experienced network of legal, marketing and human resource specialists.

Our services include:-

• Valuations of businesses, shares and other equity, liabilities and intangible assets
• Valuation for tax and accounting purposes
• Mergers and Acquisitions and investment analysis
• Business case analysis
• Financial modeling
• Independent expert reports

We can help with:-

• Valuations of businesses and equity required by IAS or IFRS
• Impairment testing of goodwill
• Brand, licence and other intellectual property valuations
• Share option plans
• Tax consolidation
• Capital gains tax
• Purchase price allocation for acquisition accounting (pre and post transaction) and taxation
• Pre-deal valuation advice
• Purchase price negotiations
• Business cases and strategic investment decisions
• Business plan review and financial modeling
• Investment prioritisation and capital management
• Independent expert reports
• Litigation, expert determination and disputes over value
• Cost of capital

Superannuation