elevaro offers a range of financial and management accounting services.

BOOK KEEPING

Involves ensuring that all business transactions are correctly recorded in the accounting system to ensure accurate reporting. For example, processing payments and receipts, journal entries, bank reconciliations and supplier accounts, etc.

BUSINESS ACTIVITY STATEMENTS (BAS)

The preparation of the Business Activity Statement that are required by the Australian Taxation Office (ATO) on a quarterly basis.

INSTALMENT ACTIVITY STATEMENTS

The management of the payment of income tax instalments in advance.

PAY-AS-YOU-GO WITHHOLDING TAX

The management and execution of employee tax contributions.

STATUTORY RECORDS & REGISTERS

The maintenance of records and register in accordance with legislative requirements.

elevaro offers a range of financial control and management reporting services, focusing on what’s important to you.

FINANCIAL REPORTING COMMENTARY

Providing commentary on how a business in performing through the analysis and understanding of financial reports including the Balance Sheet, Profit & Loss Statement and Cashflow Statement.

KPI REPORTING

The identification of Key Performance Indicators (KPIs) and the establishment of a set of management reports and frameworks for a business.

BUSINESS INSIGHTS & STRATEGY

Providing advice on a businesses’ strategic direction, and commentary on how a business is performing through an analysis and understanding of its KPI Reporting.

elevaro offers the following financial reporting services.

BALANCE SHEET

The preparation of a snapshot of an individual’s or businesses’ financial health – a summary of the financial balances of an individual or business stating the assets, liabilities and ownership equity at a particular point in time e.g. at the end of the financial year.

PROFIT & LOSS STATEMENT

The preparation of a financial statement that summarises the revenue and expenses for a specific period of time. It indicates and highlights an individual’s or businesses’ ability to generate a profit.

CASHFLOW STATEMENT

The preparation of a financial statement that shows the flow of cash in and out of the businesses’ or individual’s business. It is useful in determining the short-term viability of a business or the individual’s business – in particular, it’s ability to pay its bills.

elevaro offers the following tax compliance services.

INCOME TAX RETURNS

The preparation of an Income Tax Return form for a tax payer, that makes an annual statement of their income and personal circumstances and is used by the tax authorities to assess liabilities for tax. We prepare Income Tax Returns for:

• High Net Worth Individuals
• Sole Traders
• Partnerships
• Trusts
• Businesses/Companies
• Not-For-Profit (NFP)
• International Companies

FRINGE BENEFITS TAX RETURNS

The preparation of a Fringe Benefits Tax Return form for a business or company, that makes an annual statement of certain benefits provided to their employees or their employees’ associates, in place of salary or wages and is used by the tax authorities to assess liabilities for tax.

ATO DEALINGS

Dealing directly with the Australian Taxation Office (ATO) – answering enquiries and advocating solutions for and on behalf of the client.

elevaro provides formal tax advice and tax planning services to start-up enterprises & entrepreneurs; high net-worth individuals; family groups; and private businesses – operating across a variety of industries and often across borders.

SETTING UP A BUSINESS

Undertaking all the steps required to set up a fully fledged business including defining effective tax and legal structures, naming, registrations, domains, ABN, TFN, insurances and more.

RESTRUCTURING A BUSINESS

Significantly modifying the debt, operations or structure of a business or company as a way of potentially eliminating financial harm and improving the business or company.

BUYING OR SELLING ASSETS

The buying and selling of a businesses’ or company’s assets and determining the most effective method from both a tax and legal perspective.

INVESTING IN OR BUYING A BUSINESS

Determining the strategy and most effective method from a tax and legal perspective, when deciding to invest in or buy a business.

FOREIGN INVESTMENT – INBOUND/OUTBOUND

Understanding the tax and legal ramifications when choosing to invest in a foreign business or asset,, or to accept foreign investment in your business or company and its assets.

TAX MINIMISATION

The minimisation of tax liability by lawful means.

SMALL BUSINESS TAX CONCESSIONS

Understanding the tax concessions available to small businesses with a turnover of less than $2M.

PRIVATE TAX RULINGS

Dealing with the Australian Taxation Office (ATO) to obtain advice on how a tax law applies to you in relation to a specific circumstance.

CAPITAL GAINS TAX

The minimisation of tax paid when an asset when an asset sold has resulted in a capital gain through the application of Small Business Tax Concessions and/or the use of prior capital losses.

INTERNATIONAL TAX

Determining the tax on an individual or business subject to the tax laws of different countries when income is generated outside of Australia.

ASSET PROTECTION

Putting in place structures to safeguard your personal assets against creditors or litigants.

RISK MANAGEMENT AND INSURANCES

Helping a business identify, assess and treat risks that could potentially affect their business operations, while minimising or transferring risk through insurances and other means.

BUSINESS SUCCESSION

Ensuring the ongoing success of your business through a timed transfer of ownership and control.

ESTATE PLANNING

Strategies for dealing with the transfer of your assets and belongings to your beneficiaries in the vent of death or mental incapacitation.

LITIGATION SUPPORT

Providing support services to clients involved in litigation:

• Expert Opinions/Witness – Assisting a client involved in litigation through testimony as a expert witness.
• Family Law – Providing assistance in family law financial matters including identification of assets and financial arrangements.

PHILANTHROPY

Assisting clients in supporting their charitable causes and goals.

FAMILY GOVERNANCE

Defining the roles and responsibilities of family members in a family-owned business.

elevaro can assist with the establishment and ongoing administration of a self-managed superannuation fund (SMSF) for clients who require it. We cannot provide financial advice as to whether you should establish a SMSF or what you should invest in.

elevaro offers the following services to its business clients, should they request our advice and assistance.

We do not accept payment for any referral or recommendation we make, and nor do we pay for referrals we receive.

Our professional integrity and independence is of the utmost importance to us and to our clients.

LOAN FUNDING – DEBT

We assist clients in obtaining finance from a bank, non-bank lender or commercial finance provider – to help fund their working capital and/ or expansion capital requirements. We respond promptly to lenders’ requests for information and clarification, to make the process as smooth as possible.

RAISING CAPITAL – PRIVATE EQUITY

Through our professional network, we can identify and introduce our clients to potential private debt and equity investors. We work with our clients in the preparation of their budgets; financial forecasts; and in documenting their investment (value) proposition – for presentation.