More Australians are taking a greater interest in managing their own superannuation and establishing Self Managed Superannuation Funds. As a small boutique firm, superannuation is one of our strengths.

We offer:

• Establishing self-managed superannuation funds
• Completing information for the Insurance and Superannuation Commissions
• Superannuation audits
• Advice on compliance matters
• Advice on taxation benefits
• Advice on employer obligations

At Ingram Cole Accountants we offer a full range of taxation services. The back bone of any accounting practice, our staff is highly trained and we offer advice based on proven knowledge and experience. Working closely with our clients, our proactive approach ensures we deliver efficient service and build solid relationships that stand the test of time.

Taxation can be a major cost to any business. We will work with you to minimise your tax and help you achieve your key objectives. We are able to provide assistance and advice in each of these areas:

• Preparation of income tax returns
• Preparation of activity statements
• Preparation of fringe benefits tax returns
• Advice on, and implementation of, tax effective structures for asset protection and tax minimisation
• Advice on goods and services tax

At Ingram Cole Accountants we have the expertise required to assist you in a variety of areas relating to residential and commercial property.

 We offer:

• Advice on purchasing a property
• Advice on funding
• Guidance in tax minimisation
• Advice on ownership structure
• Periodic reviews to ensure returns are maximised

A trust provides a valuable vehicle for asset protection. Ingram Cole Accountants can offer you specialist advice on trust formation and ensure all statutory requirements are met.

Obligations for trustees can often be onerous, and our assistance in trust administration can prove invaluable. We can assist you with trust formation and administration including taxation, annual accounts, income distribution and minute keeping service.

The taxation office is increasing using benchmarking to identify businesses that fall outside the norm for their industry. If a business’ key financial ratios are different to competitors, it may increase the likely hood of an audit. As part of our accounting process we use benchmarks to compare your business to other like businesses. This will allow you to see how your business compares to your competitors, understand more about how the rest of your industry works and analyse the key performance indicators in your industry. Equipped with this information, we’ll work with you to develop action strategies that improve your profitability.

With the need for lodgement of quarterly activity statements, business’ require up-to-date, accurate financial information. We can meet all your bookkeeping requirements including preparation of your annual accounts and periodic management accounts for tax, business appraisal, and planning purposes.

A good budget is a necessity in a good business plan. It will enable you to set financial targets and measure your performance. Budgets will often improve your chances of acquiring finance as financiers often require budgets as a prerequisite for funding approval.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.

If you have a good idea for a new business venture but don’t have expertise in the legal or financial aspects of creating a new business, we can help you:

• Decide on the most suitable structure for your business — Sole trader, partnership, company or trust
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Register for an Australian Business Number and GST
• Complete registration procedures with the Australian Securities and Investments Commission
• Deal with company secretarial issues
• Set up a recording system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality!

Cashflow forecasting allows you to plan for future cash requirements, will help you be aware when cash will be required to meet oncoming commitments and help you identify what needs to be done to ensure this cash will be available when needed.

We can help you realise and understand when cash is available, plan and prepare for expansion, stock control, and taxes and anticipate key expenses.

A wide range of financing options exist, some may suite your business, some may not. At Ingram Cole Accountants we understand the financial market and have the experience to assist you in securing the best financing option for your personal and business goals to maximise tax advantages.

A decent accounting system will help you keep track of your cash flow and make completing activity statements easy. Choosing the right system for your business can be complicated with the many different software packages available. At Ingram Cole Accounting we are experienced in MYOB, Reckon and Xero, the major accounting software available on the market and can recommend the best accounting software solution for your business.

Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time. At Ingram Cole Accountants we can relieve this burden for you.

We offer:

• General advice on company law
• Company formations
• Filing annual returns on your behalf
• Preparing all documentation related to minutes and resolutions
• Maintaining statutory records
• Assistance with changes of directors, shareholders, addresses, and office details
• Share transfers
• Registered office facility

Ingram Cole can manage your SMSF audits. Scott is a registered SMSF auditor and can ensure that the fund is compliant with SIS regulations and that the fund is correctly managed and administered.

OWNER

Director of First Impressions