Tax Compliance

Shorrock Partners handles tax compliance matters for a range of clients, from individuals to multinationals. Our experience with regulatory bodies including the OSR, ATO, and ASIC – enables us to provide professional representation on your behalf.

We work proactively to plan taxation strategies that meet legal and regulatory requirements, and also make certain that you are not paying more tax that you need to. Having the right strategies in place, is fundamental to achieving operational efficiency, and long term profitability.

Services Include:

  • Income Tax Preparation
  • Preparation of Financial Statements
  • Capital Gains Tax
  • Fringe Benefits Tax
  • Goods and Services Tax
  • Coordination of ATO Audits
  • Tax Consulting and Advice

Accounting

Our accounting services extend beyond ensuring clients meet statutory requirements. We use the opportunity to assess the overall management of your business, in order to improve efficiency, and increase profitability.

Capturing transactions securely are undertaken using cloud based accounting. With cloud computing your data is stored remotely, and can be accessed anywhere and at any time.

Cloud based accounting is a cost effective and secure way to manage your accounting and book keeping data, and it can be integrated with your bank to recognise transactions on your account, allowing you to monitor your business and make real time decisions.

Virtual CFO

We provide a range of services to subsidiaries and branches of overseas based groups including local accounting, tax compliance, payroll and other matters.

Self-Managed Superannuation Funds

As the Government encourages Australians to take responsibility for and reach their financial retirement goals, superannuation will be one of the most important and long-term investments many Australians will ever make. Self-managed Superannuation Funds give Australian’s the ability to control their investments, and minimise tax.

The regulations around SMSFs are constantly changing, especially around tax structures, and so the right guidance and advice is essential. We can work with you to determine if a SMSF is appropriate for your needs. We assist with management services with cloud-based accounting and real time data. We provide compliance services – accounts preparation, income tax lodgements, member reporting and well as superannuation advice relevant to you – and also coordinate the audit with a third party.

Shorrock Partners Pty Ltd is an authorised representative (001253953) of our AFSL Licensee SP Super Advisory Pty Ltd (AFSL 488126).

Services Include:

  • Setting up or winding up a SMSF
  • Administration Services
  • Compliance (accounts preparation, income tax lodgements, member reporting)
  • Pension Planning
  • Superannuation advice and strategies on areas such as contributions, borrowing arrangements, transition to retirement pensions and more

Planning & Consulting

With Australia’s constantly changing business environment, individuals, small business owners, enterprises, and investors should insist upon their tax affairs being managed in an effective and compliant manner.

Our consulting services assist our clients in rationalising their financial affairs in order to minimise taxation, and optimise retirement funds. We also provide advice on budgeting and forecasting, operational structuring, succession planning, and estate planning.

Shorrock Partners offers tax advice for domestic clients, non-residents, as well as Australians returning from working overseas.

Services Include:

  • Budgeting and Forecasting

  • Operational Structuring

  • Succession Planning

  • Estate Planning

Community

The firm provides Pro Bono services to a number of organisations and is involved in a variety of community and professional activities.

We also assist clients who want to foster positive relations with the community. We help them to set up a Private Ancillary Fund (PAF).