Accounting

Please read below a list of our accounting services and what we can do for you.

CMS Strategic Automotive Advisors provides a range of accounting and audit services to ensure your business complies with its reporting requirements.

But it is not just about compliance. We will help you to develop your business effectively, efficiently and more profitably. We identify issues relevant to you and your business and respond in a proactive and innovative manner, providing you with the best possible options.

Strategic Tax Planning

We provide pro-active advice to ensure you are utilising the tax incentives and benefits legislated by government to assist businesses develop and grow.  We develop strategic tax plans that work with legislation to maximise your wealth.  We work with you to provide guidance and advice regarding the tax implications of transactions, events or business progression.

Electronic Return Lodgement

We prepare and lodge all types of electronic returns with the Australian Tax Office via a secure connection. These include Income Tax, FBT and GST returns.

Fringe Benefits Tax (FBT)

We will advise, calculate, prepare and lodge your annual Fringe Benefits Tax returns tailored in accordance with the automotive industry’s specific concessions.

Income Tax

We will ensure that you and your business are complying with all facets of your tax obligations. Preparation and lodgement of income tax returns for all entity types which includes; Strategic planning and advice;

  •  Targeting benefits available under small business concession;
  • Capital Gains Tax related matters;
  • Consolidation advice and tax preparation;
  • Preparation of financial statements and taxation returns.
  • Attending to Australian Taxation Office PAYG installments variations;
  • Interaction on your behalf with the Australian Taxation Office where
    required and
  • Goods & Services Tax (GST)

We will calculate, prepare and lodge your monthly and/or quarterly activity statements for businesses and individuals.

Payroll Tax

We will calculate, prepare and lodge your annual Payroll Tax returns.

CMS Strategic Automotive Advisors provides specialist advice focusing on the taxation and financial planning aspects of superannuation including retirement and planning. We provide you with advice on the structure of your SMSF and how this can be integrated with your existing business structure to ensure that your wealth and assets are maximised and secure through the accumulation and income stream phase.

When departing from your business you will require an exit strategy in order to maximise the value of your business and ensure a smooth transition to the successor. We are here to assist you in developing a succession plan tailored to your particular circumstances. We can also assist with dealing with banks and other financial institutions

We work closely with clients throughout the year to provide support for business decision-making. This includes analysis of financial and non-financial Key Performance Indicators (KPIs), strategic planning, and advice on pricing and cost control. Our approach in an integrated one that drives measureable improvement in performance and helps establish a culture of continuous performance improvement throughout the business.

Our due diligence process is designed to provide a clear and detailed review to allow an evaluation of the target business. It assists to identify all strengths, weaknesses, opportunities and threats and allow investment decisions to be made on an informed basis.

CMS Strategic Automotive Advisors can help sell your business and or purchase a new business by streamlining the sales process to take away the stress and burden