Ingram Cole Accountants

Listed are the services we offer This list is by no means exhaustive and our team of friendly staff are more than happy to talk about any services not listed here that you might require

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

Wayne Cole is an Authorised Representative of the SMSF Advisors Network and is qualified to give superannuation advice He is able to help clients control their investment strategy, reduce tax while obtaining the maximum tax benefits, and control administration costs Whilst not offering specific investment advice, he is able to help clients through the complicated minefield of administering the fund within the ASIC and taxation requirements, simplifying the pressures clients face

• Establishing self-managed superannuation funds
• Completing information for the Insurance and Superannuation Commissions
• 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

• Advice on purchasing a property

• 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