XWD Accounting

or under-use issues. We assess your current accounting and administration systems and establish simpler processes that ensure you have access to all the facts for accurate decision making. FINANCIAL, WEALTH AND CASH FLOW PLANNING -

It is much easier to remain focused when you know your business has a bespoke financial strategy in place, one that optimises your taxes and improves your cash flow and profit margins. We take the time to dive into your business and advise on the most efficient options available to you. For many clients, cashflow forecasting is their first – and most important – realisation into why financial planning is so important. For start-ups and established businesses, maximising the cash you’ve got to continue trading and to fund growth are key needs. We will talk through what your cashflow needs and issues are and help with your financial planning. TAXATION -

We are taxation experts on tax compliance, tax returns and tax planning for your business growth. We will ensure you remain tax and regulation compliant and aware of the benefits available to you. Put your feet up while we take care of your business and/or family taxation needs. By keeping your accounts and tax up to date, we will help take the stress out of annual and quarterly returns time. We will ensure you are making the most of any benefits available to you and regularly check that you are tax and regulation compliant. Apart from doing your regular compliance and returns, we will take care of any stressful tax-related matters that arise such as disputes and claims with the ATO. BUSINESS ADVISORY -

We want our clients to understand why we do what we do when providing business advice. We will let you see the facts we base our advice on and we will break down everything into actionable pieces, so you can feel in charge of your future and excited about the possibilities at your fingertips. We spend as much time listening to you as analysing your numbers. After evaluating your entire business, industry and any other relevant factors, we will create a strategy for you to move forward. Whether simple or complex in structure, we’ll ensure you understand what we’re suggesting and why. You will understand how much and why you may need to invest or how you will reduce costs. It is exciting for us every time when we set you up for raising finance and plan your growth steps, when we see you improving your cash flow and retaining profits and when we know that your business and personal goals are aligned. ASSET & WEALTH PROTECTION -

This is often the piece that is most overlooked or over-complicated. Have you ever heard from another accountant about setting up a bunch of companies and trusts with corporate trustees? It does not always work, but surely it will confuse you and cost you a lot on maintaining all these entities. As your business evolves, the assets and structure needed to protect them need to change. An effective strategy also depends on your occupation and the industry you work in. We will talk to you about possible scenarios going forward and suggest how you can structure your business to best achieve what you want while effectively protecting your important assets. It is one of our most important roles to ensure that your family home is safe from the ups and downs of business, that your business is safe from a personal stress like divorce, or that you have financed properties in the most secure way possible. With the right protection in place, you will be confident to move forward with plans and take the calculated risks that growth demands.