Berry & Grosser provides Management Services which can help your organisation meet the complex business needs which face you today and those of the future. We can provide strong financial management support to complement your internal capabilities.
As a sounding board for management concepts and ideas our role would be to ensure you have an objective overview of your organisation's development and growth.
BUSINESS OBJECTIVES, FORECASTING AND BUDGETING:
The early identification and planning for the achievements of commercial objectives are the keystones of corporate success.
We can work with you to create disciplined, well directed business plans, to set targets and to create benchmarks against which results can be monitored. In essence, our task would be to help plan and monitor your success.
It is sad, but true, that even the finest expansion plans will fail if your cash runs out. As profit and cash in the bank, are far from being the same thing we can prepare and monitor profit forecasts and establish cash flow budgets, to keep corporate planning on the right track.
Effective management systems are not always complex.
We can assist you with the establishment of simple management information systems which will form part of the information you require to manage your business. These may include business analysis which can lead to increased profits, implementation of cost reduction programmes and improved credit management.
Whenever litigation involves the identification, organisation and analysis of financial information our experience and knowledge of your affairs may well be of assistance.We can also prepare share and businessvaluations and provide appropriate testimony.
Epansion programmes must be financed and the best way to be sure of having the funds you require is by planning well in advance.
We can use our experience and contacts within the financial sector to provide advice and practical assistance in raising both equity capital and loan finance. This assistance can extend to the preparation and presentation of formal finance applications if required.
ACQUISTIONS AND VALUATIONS:
There is much to be studied when you consider purchasing a business, and we can assist you with reviews and evaluations of its performance and potential.
We can provide you with a comprehensive assessment of the appropiate structure, financial arrangements and tax considerations necessary for the purchase and control of a venture.
Taxation planning is a particularly complex accounting field and one in which Berry & Grosser has considerable expertise.
In times of rapid change, such as we are experiencing here in Australia, it is vital that corporate executives have access to the most up-to-date tax law information and professional, competent advice.
Our team of taxation professionals constantly keep abreast of developments in all taxation areas.
BUSINESS AND PERSONAL:
Taxation planning, the preparation of income tax returns, handling taxation objections, enquiries and investigations re specialised procedures. Particularly now, when Australia has more forms of taxation than ever before.
Our Partners and senior personnel liaise closely with clients on all business and personal taxation matters. It is our goal to assist our clients to legally minimize their taxation responsibilities to encourage and enhance the growth of their businesses.
CAPITAL GAINS TAX:
The regulations controlling capital gains tax are very complex and warrant careful consideration when business transactions are being planned.
It is our task to provide expert information on what activities attract this type of tax and on assets which can or cannot, be disposed of without incurring the tax.
Clients who are transferred to overseas positions also need advice on the storing or disposal of Australian assets in regard to capital gains tax.
FRINGE BENEFITS TAX:
A particularly complex arrival on the Australian taxation scene, the fringe benefits tax can be a nightmare to deal with unless you gain expert advice.
Accurate records are essential for all employees and the fringe benefits they receive from you, their employers, or from your suppliers on your behalf. Our Partners can advise on establishing manageable record systems, on what is defined as a fringe benefit, and how to calculate the tax payable.
The preparation of monthly or quarterly tax returns can be a complex and time consuming burden on managerial time.
By passing the task over to our team of taxation experts you are assured of prompt, accurate service and advice.
As it is payable in each State in which a company operates, and each State government has slightly different legislation covering it, dealing with payroll tax can be a complex process.
We offer expert assistance with the preparation of payroll tax returns. Advice is also available on the tax liability taking into account grouping provisions, interstate operations and exempt remunerations.
We have a strong commitment to auditing with partners and staff who have gained extensive experience with international audits firms in Australia and overseas. We are fully conversant with modern audit techniques.
ALL TYPES OF BUSINESSES:
We have a large audit base which includes a wide range of clients from public companies,large private companies, clubs, Co-operatives, Credit Unions, Trusts and partnerships.
Our clients are engaged in many areas of manufacturing, retail, service industries, primary production, film industry and those requiring the mantenance of trust accounts..
SPECIAL AUDIT AND DUE DILIGENCE:
We conduct audits and investigations when required for special purposes such as proposed purchase of sale of businesses. We also conduct due diligence investigations into proposed acquisitions.
VALUE FOR CLIENTS:
We are concerned to ensure that not only do our audit clients comply with the relevant statutory requirements but also that they gain the maximum benefit from the audit.
Reports to management enable the results of the audit to be translated into increaed efficiency.
INTERNAL CONTROL REVIEWS:
Our specialist teams will appraise internal control systems and provide independant advice to ensure that the accounting system provides the best possible control over your business and its assets.
Independent evaluation provides the assurance tht the company's systems and management are operating efficiently. Our qualified staff will perform a comprehensive analysis of your accounting system.
Self Managed Superannuation
Berry & Grosser has been providing specialist superannuation advice to clients, members and trustees of Self Managed Superannuation Funds for over twenty years.
We provide Superannuation Advice on all aspects of superannuation, particularly specialising in establishing and maintaining your own Self Managed Superannuation Fund.
In order to fully maximise your benefits we provide reliable, up to date specialist Superannuation Advice.
Our range of comprehensive services include:
Assistance in Rollovers/Transfers
Superannuation Advice and assistance to ensure compliance with the Superannuation Industry (Supervision) Act 1993
Complete administration of your Superannuation or Pension Fund
Maintenance of portfolio records
Australian Tax Office (ATO) responsibilities
Financial and Compliance Audit Obligations
Payment of Benefits
ESTATE & TRUSEE SERVICES
To provide advice and support to clients in need of direction in these matters too often ignored or neglected.
We believe one-third of all adult Autralians do not have a Will. Presently Death Duties do not apply, which probably encourages inactivity in arranging a Will. Problems do occur that could be avoided, and we strongly recommend that everyone has a Will prepared with proper direction and guidance from professionals. A will can reduce family disputes, loss of assets and unnecessary delays in the estate administration.
It is important for those who have Wills that they review their Wills periodically to ensure the legal documents still represents their intentions. Changes may be required and we are prepared to assist. Plan now to protect your family and gain peace of mind.
Estate Planning means, arranging your financial affairs during your lifetime to achieve specific objectives. Your objectives may include legal minimisation of income tax, company tax, capital gains tax, preservation of family assets and a review should death duties be reintroduced. We can advise and provide a plan to meet your special needs.
Planning may include the formation of a suitable structure, superannuation fund, investment portfolio review and consideration of retirement and pension benefits.
The role of Executor is improtant to ensure that your wishes are attended to and that the administration is efficiently carried out. To choose a good friend to act as your executor may not be appropriate. Experience in estate administration is imperitive, and we at Berry & Grosser, offer to act as an executor with a member of your family. We believe that with our knowledge of your affairs that it is appropriate to offer our services. Please arrange your Will now and give careful consideration to the pesons you propose to nominate as your Executors.
We offer these services and guarantee personal services as we are not too large and inflexible in our approach to supporting and meeting your needs.
Statutory & Company Secretarial
The formation and operation of a company brings with it the requirement to maintain documents which comply with the Australian National Companies and Securities Legislation. Berry & Grosser offers specialised services and advice from incorporation of a company, and throughout its existence.
We give advice on the type of company that is necessary, for example, public company, private company or a company limited by guarantee used primarily by clubs and non-profit organisations. The following are examples of the services Berry & Grosser provides including the lodgement of all necessary documents at the Australian Securities & Investment Commision.
INCORPORATION OF COMPANY:
Reservation of proposed name of company.
Appointment of Directors and Secretaries of Company.
Application for and allotment of shares.
Registration of Business Names.
Acquistion of a shelf company.
MAINTAINING AND UPDATING STATUTORY RECORDS FOR:
Changes to Directors and Secretaries of the company.
Directors shareholding in the company.
Substantial shareholders in the company.
Charges registered against the company.
Issue of new shares.
Transfer of shares.
Redemption of redeemable preference shares.
Preparation of minutes of meeting of directors and minutes of meetings of shareholders.
Deregistration or voluntary liquidation of a company.
Changing of Company status from private to public company company or vice versa.
Acting as the registered office of the company.
Preparation and lodgement of annual returns with the Australian Securities and Investment Commission.
Our office attends to the affairs of foreign companies in Australia including:
Registration of foreign company.
Appointment of agent of a foreign company.
Registration of business name.
Change or alteration of the constituent documents of a registered foreign company.
Cessation or business of a registered foreign company.
This article is not a substitute for independent professional advice. We do not warrant the accuracy, completeness or adequacy of the information or material in this article. All information is subject to change without notice. We and each party providing material displayed in this article disclaim liability to all persons or organisations in relation to any action(s) taken on the basis of currency or accuracy of the information or material, or any loss or damage suffered in connection with that information or material. You should make your own enquiries before entering into any transaction on the basis of the information or material in this article. Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.