Accounting & Taxation advice forms one of the major planks of our business advisory platform. LIPS has extensive experience in the field, to assist our clients to maximise the value of their compliance accounting efforts and taxation planning.
Getting the advice right, from the outset, is a lot more complex than just plugging numbers into an accounting package. Talk to Damian and the team about the best way to approach your business structures for both asset protection planning and for long term tax effectiveness.
Everyone is allowed to minimise the amount of tax they pay. It is a well-established right to do so.
Businessman Kerry Packer once famously said, "I am not evading tax in any way, shape or form. Now of course I am minimising my tax and if anybody in this country doesn't minimise their tax they want their heads read because as a government I can tell you you're not spending it that well that we should be donating extra."
Taxation regulations in Australia are under constant review and change regularly. Unless you have a huge amount of time on your hands it is unlikely you will be able to keep up with the rapid pace of change in the field. LIPS makes a point of subscribing to industry resources to ensure our clients benefit from our knowledge.