Business Services
Succession Planning
When it comes time to transition to retirement, there are both personal and family matters that need to be considered. Families who start to discuss their wishes and plan their transitional into retirement are often able to transition better than those who leave it until too late. Every family is different, and every situation is different, which is why you should speak to your accountant so they can help you make this plan.
Things that need to be considered are:
- Is the property home to your children and their families?
- Will leaving the property to all family members, or not leaving it to all family members, create potential for dispute?
- How much do you need to retire?
- Where will you live?
- What is the best business structure?
- How can the transfer benefit everyone the most
- What are the financial and taxation implications of all parties?
Contact our Administration team to make an appointment with one of the Partners to discuss your transition into retirement.
Bookkeeping
We offer a comprehensive in-house bookkeeping service. Our bookkeepers utilise Xero as the accounting software to maintain client records. They can review your current system and make recommendations to make it more effective.
We provide the following services as part of our bookkeeping:
- Processing and recording transactions
- Pay bills
- Reconcile bank accounts
- Process wages
- Prepare PAYG Payment Summaries at the end of the year
- Prepare and process the Business Activity Statement and Instalment Activity Statements
We can tailor our services to your individual needs.
Contact our Administration team for any questions you might have in relation to using our bookkeeping service.
