Climax Business Strategies is a specialised accounting firm providing strategic advice to directors, managers and shareholders of businesses in Australia. We provide advice to all sizes of businesses in all industries and locations around Australia.

Income Tax Advice

If you know what you’re doing, and you plan ahead, it’s quite easy to find ways to effectively and legitimately reduce, defer or even eliminate your income taxes. Tax minimisation is a science, not an art. Near enough is never good enough for the Australian Taxation Office and it seems their only purpose in life is to collect tax revenue, not to reward you for ‘having a good try’! Never seek or take tax advice from anyone other than a registered tax agent specialising in business affairs, as the onus always falls back on you to get it right. Climax Business Strategies specialises in legitimately reducing the taxes for our clients by having a thorough understanding of the tax laws and our clients’ business and personal affairs. Contact us today for a free confidential consultation to discuss your options.

Income Tax Planning and Projections

Income tax planning is all about looking forward and making educated assumptions based on all the information currently available to estimate the likely taxes payable at the end of the financial year or at the end of a specific project. Once these calculations have been made, we then work with our clients to implement strategies to reduce, defer or even elminate these taxes. Part of this process may also include a review of the business and investment structures to see if they are still the best solution for your situation. By using the projections our clients know they are doing everything possible to redue their taxes and are well prepared for when the taxes finally fall due, which is often further than 12 months in the future. Climax Business Strategies specialises in proactively minimising the taxes for our clients and giving them plenty of time to prepare for payment deadlines. Contact us today for a free confidential consultation to discuss your options.

Entity Structuring Advice

Getting the best entity structure for your business and your other investments can easily save you enormous amounts of tax and give you great flexibility as your business and your investments grow. Unfortunately there is no one perfect structure that will suit everyone’s circumstances. Your structure may consist of any one or a combination of the following: Sole Trader (individual), Partnership, Joint Venture, Private Company, Public Company, Unit Trust, Family (Discretionary) Trust, Hybrid Trust, Bare Trust, Self Managed Superannuation Fund. Different types of entities are better than others at holding different types of assets and liabilities and earning different types of incomes. With so many alternatives, the only way to get the best structure for your situation is to seek advice from an expert. Climax Business Strategies specialises in providing advice on the best entity structures for our clients’ objectives. We take the time to explain the alternatives so that our clients can make an informed decision on the best structure for them. Contact us today for a free confidential consultation to discuss your options.

Succession Planning Advice

Succession planning encapsulates all aspects of your business and personal affairs as you work towards a future transition for your business. The planned transition could be made up of any one or a combination of the following: Sale to Investor, Sale to Employee, Sale/Merger with Competitor, Pass on to Family, Close Down, Convert to a Passive Investment. Firstly, every business needs a succession plan and secondly every plan needs to deal with the complex legal, commercial and taxation implications that face every succession. This is not something you should do yourself as the consequences of getting it wrong can be devastating. Climax Business Strategies specialises in working with our clients to develop and implement succession plans that get the best results for our clients. Contact us today for a free confidential consultation to discuss your options.

Referral to Legal Advisors

There is often a fine line between accounting advice and legal advice and the roles can be blurred. Climax Business Strategies works closely with reputable lawyers and solicitors to develop the best solutions for our clients. We don’t work with lawyers or solicitors that under-deliver and over-charge, so rest assured that we stake our reputation on the lawyers we refer to. If you already have a great lawyer, we are more than happy to work collaboratively with them to get the best outcomes for you and your business. Contact us today if you would like a referral to a reputable legal advisor in your area.

Referral to Financial Planning Advisors

There is often a fine line between accounting advice and financial lpanning advice and the roles can be blurred. Climax Business Strategies works closely with reputable financial planners to develop the best solutions for our clients. We don’t work with financial planers that under-deliver and over-charge, so rest assured that we stake our reputation on the planners we refer to. If you already have a great financial planner, we are more than happy to work collaboratively with them to get the best outcomes for you and your business. Contact us today if you would like a referral to a reputable financial planning advisor in your area.

Referral to Business and Risk Insurance Advisors

Climax Business Strategies works closely with reputable business and risk insurance advisors to develop the best solutions for our clients. We don’t work with insurance advisors that under-deliver and over-charge, so rest assured that we stake our reputation on the insurance advisors we refer to. If you already have a great insurance advisor, we are more than happy to work collaboratively with them to get the best outcomes for you and your business. Contact us today if you would like a referral to a reputable insurance advisor in your area.