Tax Optimisation, Business Advice, Asset Protection - Level One Business & Financial Advisers

Tax Planning

While our tax system is complicated, everybody needs an efficient tax strategy. Our experienced tax advisers provide commercially focused solutions to maximise your opportunities, while identifying and managing the tax risks involved in your unique circumstances.

Issues to Consider

Tax Compliance and Planning
Tax Structuring (Companies, Trusts, Partnerships, SMSFs or combinations thereof)
Tax Minimisation
Income Tax
Capital Gains Tax
Land Tax
Payroll Tax
Research and Development Concessions
GST
Succession Planning

Business Advice

Family and private businesses are the backbone of the Australian economy. We have over 25 years of experience helping businesses grow by providing tailored solutions and ideas – built on a relationship of mutual trust and respect. Proper planning is essential.

Issues to Consider

Buying and Selling
Management Consulting for Growing Businesses
Family Business Advice
Succession Planning
Budgeting and Cashflows
Feasibility Studies (e.g. property development)
Asset Protection
Breakeven Analysis
Business Start-Ups
Taxation

Asset Protection

Plan for the worst and hope for the best is our strategy. In our litigious society, keeping what you have is important. We can help you understand the options available to you in protecting your assets – this is the foundation of protecting your family’s financial future.

Issues to Consider

Asset Ownership Options
Finance Structuring, Serviceability and Guarantees
Estate Planning
Insurances
Superannuation
Contracts

Bookkeeping

Knowing what the numbers are is important. You cannot run a business properly without knowing your cash position; what you owe; what you are owed; salaries, wages and superannuation commitments. Cashflow and hence your bookkeeping is the lifeblood of a business.

Issues to Consider

Internal or External
MYOB versus XERO versus Reckon
Industry Specific Software Integration
Reporting Templates
Data Storage
Remote Access
Human Resources (HR) Issues
GST
PAYG
Single Touch Payroll (STP)

Business Acquisition & Sales

Buying or selling a business is possibly one of the most stressful things you can do. What are the risks and what are the rewards? Doing proper due diligence beforehand can reduce the risk and stress and ensure the payoff is in line with your expectations.

Issues to Consider

How do I structure the deal?
What preparations need to be done?
What legal issues will arise?
What are the taxation consequences?
What are the cashflow or funding issues?
What are the major risks to the transaction?
Have you considered all options before proceeding?
Is the price right?
Have you clearly analysed your motivations for the deal?
What is your plan for after the transaction?

services

“15 years ago we started a small business that now operates across most states in Australia, in New Zealand and the Pacific Islands. While business has not always been smooth sailing the Level One team and Doug have guided us all the way. We value their advice because we know they are acting in our best interests and they care.”

Alana & Julien Thomas

Otech Irrigation Systems Australia

“For 25 years Doug and his team at Level One has provided invaluable services to us. They have assisted us with the taxation, management and finance issues surrounding our business as well as the negotiation of its eventual sale to an international company. In addition to this they have provided personal advice with regard our taxation, investment and retirement planning. We sincerely trust that our association may continue for the years to come.”

Mrs Judith and Professor John Yeaman AM, FTSE, PhD

Pavement Management Services Pty Ltd

“I have been a Solicitor in Wollongong for over 40 years and running my own businesses since 1983. I use Level One (Doug Tarrant) to look after my self-managed superannuation fund, personal and business taxation and accounting. I am very happy to say that the personalised service, efficiency and professionalism provided by Doug and the team is well beyond expectations. I can honestly say that I have never received a better service which takes into account my personal affairs, professional business accounts and service entity reports. I have also referred many clients to Level One all of which have provided me with extremely positive feedback with their experience with Level One. Finally, one of the most important things is that the fees are more than reasonable when you consider the service. Thanks to Doug and his team!”

Michael Gamble

Gamble Law

“Doug Tarrant at Level One helped me sell my business Wollongong Tyre Service in the early 1990’s. Doug and his team have managed my investments and my self-managed superannuation fund since then and the level of personal service has been terrific. The level of trust I have in Level One has meant that I haven’t had to worry about my finances throughout my retirement because they look after everything for me. I can highly recommend them.”

Warren Skimmings

“Our business has grown considerably over the years and the Level One team have supported us the entire way. That’s over 20 years of great service. They have helped us with accounting, taxation, business advice, restructuring and retirement planning. When you get all of that from a team you can trust it makes a big difference knowing you can rely on their support.”

Geoff and Vicki Meehan

Homestead Property Maintenance Pty Ltd

“I have worked with Doug and his team for a couple of years, both for business and personal accounting needs. In that time, they have become more than just my accountants; they are trusted advisors who help me navigate, and most importantly understand, the sometimes complex financial elements associated with running a small business. They are always clear with their instructions and forthcoming with advice. I appreciate that they tell me what I need to know without complicating it. Importantly, they are available to me when I need assistance outside of our regular meetings. I have no hesitation recommending Level One to SMEs who wants tailored and appropriate financial solutions for their business.”