Fellow of the National Tax & Accountants Association
Fellow of the Institute of Financial Accountants
Registered Tax Agent
Registered ASIC agent
and since 1982 has been assisting business owners and individuals with:
establishing a business investment structure (sole trader, partnership, company or family trust) that best suits their specific financial, personal and family circumstances.
installing and maintaining internal business accounting and management systems to provide the business owners with the necessary information and control procedures.
attending to all Australian Taxation Office (ATO) registration and ongoing Income Tax (business and personal) and Goods & Services Tax (GST) compliance requirements.
compliance with on-going Australian Securities and Investments Commission (ASIC) company reporting requirements.
corporate restructuring, transition and succession outcomes.
The core accounting, taxation and general advisory services provided by NetΞquity include the following.
Personal income tax advice combined with the preparation and lodgment of personal income tax returns and where required including:
property rental statements
capital gains calculations
Assistance and guidance with deceased estates and estate planning.
NetΞquity can provide high level assistance to both proposed and established businesses. Given the direct business ownership and development by the principal of NetΞquity, the assistance provided extends beyond direct accounting and taxation requirements and being more broadly all requirements arising from business establishment and development.
The initial advice relative to a new business being the determination of the most suitable trading entity given the nature of the business and personal circumstances of the business owners.
Establishment of the trading entity being either:
preferred name Proprietary Limited company
family discretionary trust
unit trust or hybrid trust
Make application for an:
Income Tax File Number
Australian Business Number
Register the business for:
Goods and Services Tax
Employee Pay As You Go Withholding
Fringe Benefits Tax
Fuel Tax Credits
Provide advice and assistance with:
the selection and implementation of the businesses internal bookkeeping system.
ownership change and internal business restructuring
retirement and succession planning
equity and debt funding
The principal of NetΞquity has a diverse Public Accounting background obtained during the past 34 years.
During this time, in addition to assisting all types of businesses with their general business development, financial control and taxation compliance requirements, he has also provided specialist areas of expertise that includes:
National Rental Affordability Scheme (NRAS)
The Principal of NetΞquity was previously a founding director and shareholder of an appointed Approved Participant of the Federal and State Governments initiated National Rental and Affordability Scheme.
In his then capacity as Director Corporate Governance, he had overseen the development of the business from commencement to the supply into and ongoing management of over 1200 new NRAS homes.
Vineyard and Winery Operations
The principal of NetΞquity was a founding shareholder and senior financial executive of a major Western Australian vineyard and winery business that achieved substantial export sales.
This experience gave him a first hand and direct understanding of complex business structure and development of an unlisted public company that grew in ten years from an asset base of $750,000 to $10 million when as Managing Director, he negotiated the sale of the business.
Migrant Business Acquisition
Mr D & Mrs D, both being qualified medical professionals, were new arrivals to Australia who were looking to purchase a particular type of established business and suitable premises in the Perth metro area.
NetΞquity wrote on a confidential basis to a number of established business that met the client’s criteria expressing interest to purchase on behalf of the clients.
Following a due diligence process undertaken by NetΞquity, a successful transaction occurred following which all necessary business and taxation structure and compliance requirements were undertaken
Complex Taxation Audit
The Principal of NetΞquity took the lead role in assisting his clients and their solicitors with the successful management of a protracted taxation audit involving the sale by his clients of a substantial and complicated business enterprise operating in multi foreign jurisdictions. The assistance required included complex financial analysis due to multiple currency types and receipt timeframes and the understanding of foreign domicile and Australian taxation law.