Whether you are contemplating a transaction or restructure involving your business, or have received a notice from a tax authority, or have taken advice and want a second opinion; Kenny Spring are able to assist in advising and representing you in relation to tax-related matters at both a state and federal level.
We aim to assist in optimising taxation outcomes in accordance with all relevant legislation to ensure that you are only assessed on your fair share of tax. Kenny Spring are experienced tax solicitors able to advise on a broad range of taxation matters which affect you and your business. We can assist with transaction advice in preparation for undertaking complex commercial matters or in relation to applying for rulings or dealing with relevant tax authorities and representing your business in tax-related proceedings.
We take a collaborative approach to your business, working with your trusted business and accounting/tax advisor to assist you in understanding your taxation obligations and advise you on your transaction and underlying taxation issues.
State Tax Advice
We can assist with the following tax-related matters in NSW:
- Duties;
- Land Tax; and
- Payroll Tax.
This includes applying for assessments, refunds or exemptions, remission of penalties and advice on payroll grouping or taxation liabilities.
Income Tax Advice
Kenny Spring are able to provide advice on a broad range of income tax matters including but not limited to:
- Assessable income and deductions including depreciable plant and equipment, trading stock, characterization of income and outgoings;
- Capital Gains Tax and Small Business Concessions and Restructures;
- Consolidation and multiple entry consolidated groups;
- Taxation of Trusts and distributions;
- Commercial Debt Forgiveness;
- Superannuation tax;
- International Taxation and double tax agreements; and
- General anti-avoidance rules (GAAR).
Kenny Spring are also able to prepare and advise on income tax documentation, including Division 7A loan agreements, Dividend Set-Off Agreements, Division 721 Tax Sharing Agreements and Tax Funding Agreements.
Indirect Tax
We are able to assist with the following federal indirect taxation matters:
- Goods and Services Tax (GST);
- Wine Equalisation Tax (WET);
- Fuel Tax Credits (FTC); and
- Excise duties on beverages such as beer or spirits.
Tax Controversy and Proceedings
Whether you have received a notice from a relevant tax authority, have been advised of an impending audit, or wish to object to or challenge an assessment of a taxation liability by a tax authority, Kenny Spring is able to assist.
We are committed to providing you with expert advice on your taxation matters and handling your taxation matters competently and confidentially.
Contact our expert team to make an appointment on 1800 650 656. We're here to help your business!