Mitchell Partners

The nature of taxation consulting has changed drastically over the past decade. In the past, staying abreast of technical and legislative changes was adequate for achieving favourable outcomes for clients. Today however, a greater depth of understanding is required if we are to offer superior solutions. A genuine understanding and appreciation of the commercial drivers behind a client's business is fundamental. We present the best range of practical options, highlighting the issues and preferred recommendations.

Our Services

• Preparation and advice on income tax, fringe benefits tax, capital gains tax, stamp duty, payroll tax, GST, and land tax.
• Assistance with taxation law compliance and administration.
• Tax effective structuring for small to medium sized businesses.
• Superannuation advice and structures.
• Business succession planning.
• Corporate and international taxation advice and related services, including transfer pricing and debt/equity rules.
• Taxation advice on trust structures including unit, discretionary, and hybrid trusts.
• Tax litigation support, including prudential audits.
• Year end tax planning.

Our work provides a vital link between shareholders, management, and other users of financial statements. A thorough understanding of the environment in which our clients operate, the control procedures they adopt, and the systems implemented, enable us to identify actual and potential problem areas. Our success comes from being proactive in protecting the interests of the shareholders or members.

As auditors, we recognise the importance of maintaining our independence and objectivity at all times. Our Partners and staff are well trained and experienced in identifying and overcoming issues that may arise during the conduct of an audit.

We provide services to all types of businesses including public companies, large private organisations, educational institutions, subsidiaries of multinational companies, and non-profit organisations.

Our Services

At Mitchell & Partners, we are committed to providing quality service to our ever-growing client base. It is our friendly and efficient work ethic, attention to detail, and willingness to incorporate each and every client into the Mitchell & Partners family that sets us apart from most other accounting firms. Whether it be the large manufacturer, the foreign investor, the .mum and dad. corner store, or the individual who needs us, we have the range of taxation and accounting services, coupled with vast experience in all areas, to get it right the first time, time after time.

Our Services

• The most suitable vehicle or taxation structure in which to conduct their business
  
• Income tax effects on the business structure chosen
  
• The implications of other taxes such as pay-roll tax, stamp duty, GST, capital gains tax and fringe benefits tax
  
• Financing
  
• Business activity regulations
  
• Estate Planning: planning for the effects of disability or death
  
• Succession planning
• Opportunities for government assistance

As the Federal Government continues to introduce measures aimed at encouraging Australians to take responsibility, and act decisively, to achieve their own retirement fund outcomes, Australians today are obliged to deal with complex retirement issues. Many of our clients are now very much retirement-focused. This mindset is even starting to take effect on younger clients of the firm.

We, at Mitchell & Partners, can assist our clients to achieve their retirement goals by helping them achieve a reasonable balance between other long term obligations, such as housing loans and child education costs, and the commitment of funds for retirement.

Many of our clients have established their own self-managed superannuation funds. The use of such vehicles has become increasingly popular, as investors remain dissatisfied with the returns achieved by fund managers of public superannuation funds.

At Mitchell & Partners, we work with our clients to ensure that their self-managed superannuation funds comply with the fairly complex legislation that regulates them.

We help our clients move from the investment stage, to the retirement stage, by advising on the taxation implications of lump sum or pension strategies to maximise the funds available to them in their retirement years.

Australia has always been a popular destination for foreign investors. Our politically stable environment and favourable economic conditions continue to encourage international property investors, and entrepreneurs, wanting to establish or expand their business in new markets. Foreign investment is equally well regarded by the Australian government and business communities alike, and as such, offers the astute investor a wealth of opportunity. Mitchell & Partners offer a unique advisory service geared towards assisting foreign investors to make the right investment decisions. By having worked closely with a range of clients in the past, we are able to offer valuable insights into what works and what doesn't.

We advise clients to contemplate their investment strategy with careful consideration of factors such as location, product quality, return on investment, and prospective long term opportunities. We help facilitate this process by ensuring that proper and due consideration is also given to the setting up of appropriate tax and legal structures. After all, commercial returns and capital gains should not be impaired by the lack of poor long term planning from the beginning.

In order to go beyond accounting we also provide the following services:

• Registered office facilities
• Lodgement of company transactions with ASIC such as share transfers, share splits, director appointments and resignations etc.
• Training, Setup and/or Bookkeeping services of accounting packages Xero, MYOB and Quicken.
• Setup and compliance of Private Ancillary Funds, whereby clients can create their own charitable foundation with a high level of control