Accounting And Tax

Ph: (03) 9373 2100

Accounting And Tax

In today’s ever-changing market the complexity in providing the most appropriate Accounting and Tax advice is paramount. Every business in every range of profitability requires financial reporting that can be the basis of their growth and ultimate success. We provide accounting services designed for both the expected and the unexpected, guiding our clients through the full range of tax planning strategies that minimize liabilities. Our expertise, experience, analysis, allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.

Our services include but are not limited to…

    Charitable Trusts

    Charitable trusts are trusts set up to hold money or assets and carry out activities for the benefit of the community. In Australia, five main types of charitable trusts exist:

    Australian charitable trust
    General charitable trust
    Prescribed charitable trust
    Deductible gift recipient
    Prescribed private fund
    Each type of charitable trust brings with it different requirements and benefits. At ASCOT Partners we know the practicalities of charitable trusts. We are able to assist you by:

    Preparing the trust deed
    Applying to the ATO for an ABN
    Organising tax exemptions where applicable

    Most importantly, our experiences enables us to ensure that your trust is used to effectively reach your charitable goals.