Summit - Tax & Business Accountants, Melbourne

At SUMMIT Accountants & Business Advisors, we recognise that our clients want more than just traditional ‘numerical-based’ advice from their accountant. We run very sophisticated software and systems within our own firm so we have an innate understanding of the critical nature of and benefits that can be achieved from a robust and reliable IT & C platform within a business environment. That’s why we offer the following services:

SUMMIT Accountants & Business Advisors offers you an automated bill paying service to take the hassle and stress of paying your household bills.

To find out more, click here.

Instalment warrant arrangements and borrowing to invest in your Self Managed Super Fund

In September 2007, the law was amended to allow SMSF trustees to borrow money to invest in their super fund. The borrowing arrangements for doing this are known as instalment warrant arrangements.

At SUMMIT Accountants & Business Advisors we are able to provide foreign companies and individuals with advice to assist them in doing business in Australia.  We are experienced in the raft of ASIC and ATO compliance measures that must be undertaken by overseas businesses wishing to ‘set-up-shop’ in Australia.

SUMMIT Accountants & Business Advisors assists UK migrants and returning expatriates with transferring their pension funds to Australia from the UK as a lump sum payment.

From experience we've found the transfer of pensions from the UK to Australian Superannuation Funds can prove very effective, allowing equity to be released to assist with new business ventures or the development of a current business.

The way in which you finance your business purchases can have significant taxation consequences.

At SUMMIT Accountants & Business Advisors, we pride ourselves on knowing and understanding our clients personal financial and business affairs. We can recommend and provide the most tax-effective structure for you and your business' leasing and asset purchase requirements.

Business Valuations

At SUMMIT Accountants & Business Advisors, we offer a prompt and responsive service preparing business valuations (APES 225 compliant) and economic loss reports for many purposes including business restructuring, family law settlements, shareholder disputes, succession planning and bank reports.

Our valuations:

• incorporate future earnings and competitor and industry analysis.  We do not merely rely on historical earnings;
• are thorough and use various valuation models such as capitalisation of earnings and/or revenues, discounted cash flow analysis and asset values;
• rely on industry analysis and forecasting experience;
• are performed directly by our partners; and
• are responsive and offer value for money.

We are also specialists in the preparation of economic loss reports for clients who have suffered loss of income or business value as a result of injury or negligence.

To deal with a Partner, not a junior, please call us on (03) 9622 0600 or click here for a free consultation.