Fortuna Tax & Accounting Advisory
Business set-up and structure
Australia is a land of opportunities with hundreds of businesses setting-up across the country every day. Our advisors do their research thoroughly and then advise you on the best structure from operations and tax efficiency standpoints.
Buying & Selling a Business
To associate a dollar value to your business at the time of selling or help you quote a value at the time of buying a new business, Fortuna ABA are here to maximise benefit to you. We also help in the preparation of necessary documents and get the deal done for you.
Succession & Estate Planning
In order to ensure consistency and success of your business in the long run, it is important to establish a succession plan. With years of experience, we can help you address this issue in an appropriate manner and guide you towards establishing a plan which will grow beyond a lifetime.
Whether you are a foreign national wanting to set up a new company in Australia or a foreign company wanting to set up a subsidiary here, think of us as the Gateway because we not only advise you on the various options available but also guide you through set up. With the help of our strong industry connections, we walk you through all the legalities involved in a simple and constructive manner. As agents, we partner your success.
Fortuna Management Accounting & Book keeping
Bookkeeping & Payroll
We extend the service of keeping track of all your revenues and expenses. This helps you to concentrate more on your business and explore greater opportunities to expand further. We can provide real time assistance with bookkeeping and payroll queries, guide you through making the most out of your bookkeeping package or recommend and set up a bookkeeping and payroll system that will be an asset to running your business not a detraction.
Fortuna Self Managed Superannuation Funds
Self Managed Superannuation Funds (SMSF)
At Fortuna, we help you plan a financially secure retirement with SMSF. SMSF allows you to control your own investments, reduce tax while obtaining tax benefits and controlling administrative costs. We help you establish your own Super Fund and also guide you through all matters including audits, compliances, taxation benefits and employer obligations.
With time, more people are seen shifting towards having Self-managed Superannuation Funds and investing in instruments with higher returns. Such investments are heavily regulated and require timely lodgement of accounts and tax returns. At Fortuna, we specialise in preparing and lodging your Superannuation returns.
Fortuna Strategic Business Development
A timely plan of how to optimise your tax liability could save you a whole lot of your hard earned money. Money you could be using in your business or to grow your business.
Budgeting & Forecasting
Budgeting and forecasting is essential to a good business plan. Not only is it useful in setting goals and measuring performances, it is also a vital tool in acquiring funding for your projects. At Fortuna, we provide you with timely and accurate cash flow forecasts, in turn helping you understand your real business position, plan and prepare for the future and analyse key expenses.
Our team can help stop being bogged down in the day to day running of your business and partner you to build strategic plans for the next 3 to 5 years. Our expert analysts can help you define the characteristics of your company, identify it’s strengths and opportunities, defining your goals in the market and implement an effective plan to achieve set targets.
Management of ATO audits and disputes
Managing audits and disputes is one of our key strength areas, be it at a basic level or even at the appellate level. The reputation of your company is of prime importance to us and we do whatever it takes to have decisions in your favour.
The reputation of your company our prime concern and we tailor advice and work to our strengths to secure a favourable outcome.
Fortuna Tax & Compliance Services
The penalties of not complying with statutory requirements, whether for individuals, companies, trusts or any other legal entity can be costly. At Fortuna ABA, we take this issue very seriously and help you to make all necessary lodgements in time. This involves not only preparing your accounts but also keeping a tab on when liabilities fall due.
Whether you are in business or salaried, filing tax return is a statutory obligation that you must comply with. At Fortuna ABA, we spend time to go through your income, analyse your deductions and offsets and work towards the optimum return possible.
Whether you are a foreign national coming to Australia or an Australian national going overseas, investing in Australia or investing overseas, you cannot ignore this area of taxation. It is a complex arena governed by various rules, procedures and legal compliances. We, at Fortuna help you determine whether you are liable for tax here in Australia and assess as to what extent you are liable, besides guiding you about the related offsets.
Other Statutory Compliances
A 10% Goods & Services Tax (GST) is levied on most goods and services across Australia. As a business owner who is registered for GST, you bear the onus of reporting and remitting this amount to the ATO. At Fortuna ABA, we not only keep updated on related changes, but advise you whether to register for GST and also help in preparation and lodgement of Business Activity Statements (BAS).
Australian Securities and Investment Commission (ASIC)
With your company come responsibilities and timely compliances, renewals of licenses and other legal obligations. Fortuna ABA keeps a tab on these dates and helps you meet these obligations in time. We lodge all necessary forms and submissions on behalf of our corporate clients and keep you aware of notices and updates from ASIC.