02 9810 5368

TAXATION

Accounting

Taxation

Consulting

Fiducia Advisors provide a range of services to assist you in reaching your financial and personal goals.

Income Taxes

We prepare all required tax returns for business and individuals. Our system of preparation ensures you will only pay the minimum required by law. We monitor tax law changes that will affect you, recommend tax saving strategies, and represent you in tax matters.

  • Partnership and Company tax returns
  • Discretionary (Family) Trust tax returns
  • Self Managed Superannuation Fund (SMSF) compliance
  • Income tax planning and tax projections
  • Audit representation with the ATO and OSR
  • Payroll and Fringe Benefits Tax (FBT) preparation

We have been working with clients in Sydney, nationaly and internationally in all areas of tax including:

  • Income Tax
  • Goods and Services Tax
  • Payroll Tax
  • Capital Gains Tax
  • Stamp duty
  • BAS preparation and lodgement
  • Tax Rebates
  • Fringe Benefit Tax
  • Tax planning and strategy development
  • Negative Gearing
  • Land Tax
  • Retirement Tax Strategy and Advice
  • Late Tax Returns
  • Advice on Overseas Tax Issues

We have indirect tax experts who specialise in keeping up to date with these taxes. We advise on the implications for business operations and property and commercial transactions, as well as providing planning advice and compliance services.

We can assist with:

  • Living Away From Home Allowance (LAFHA) reports
  • 457 VISA and tax queries
  • Expat tax queries, British, EU.
  • Late Tax Returns

    Living Away From Home Allowance (LAFHA)

    Fiducia advisors prepares comprehensive reports detailing your entitlement to LAFHA. These can be provided to your employer as part of an effective salary packaging arrangement saving you thousands of dollars in tax. (Subject to eligibility). We are also happy to liaise with your payroll/HR department to discuss any concerns or answer any questions they may have.

    LAFHA is a tax free allowance paid to an employee to compensate them for additional expenses incurred and any disadvantages suffered because the employee is required to live away from their usual place of residence in order to perform their employment related duties.

    An employee is regarded as living away from their usual place of residence if they would have continued to live at the former place if they did not have to work temporarily in a different locality. This may be the case for some employees on a 457 visa or those headhunted from overseas to work for Australian businesses. As such, they may be entitled to the tax free allowance.

    Employees who move to a new locality with an intention to return to their old locality at the end of the appointment would generally be treated as living away from their usual place of residence.

    Whether or not an employee is living away from home then will depend on the facts of each case. Factors such as the lifestyle of the employee, residency status, type of profession and industry often need to be taken into account.

    The general expenses covered by a LAFHA are additional food costs for an employee (and their family) and additional reasonable accommodation costs. Relocation costs can also be packaged.

    Call our office for a confidential discussion. International enquiries also welcome by email.

      Wealth Creation

      Our network of finance professionals can assist you with wealth creation strategies, investment advice, lending and insurance. As we operate on the principal of trust, we don’t accept any commission from our network partners. We would be happy to provide an introduction in our offices and attend the meeting at your request. We work closely with our network partners and ensure we are informed of decisions so we are comfortable that you will be treated as you would at Fiducia Advisors