Specialist Services


Acquisitions & Mergers


There are many scenarios in which you might wish to attain a business enterprise. Whatever the situation, Hack, Anderson & Thomas Chartered Accountants are able to take the stress out and maximise the opportunity for you.


Whether you are considering buying a business or merging with another business, we have the experience and the expertise you need. We ask the right questions, and find the necessary answers. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated?


The services we provide incorporate every stage of the process - from identifying potential acquisitions, through to the negotiations of the commercial elements of the transaction, through to forecasting the future of the business. Incorporated in this is:


  • A review of your goals and objectives
  • Due diligence services
  • Preparation of financial forecasts
  • Advice on potential pitfalls and rewards involved in a merger
  • Assistance with purchase negotiations
  • Advice on financing
  • Assistance with preparation of a business plan


Calling on the skills of professionals means you will be far less likely to purchase an unsuitable business. Let Hack, Anderson & Thomas Chartered Accountants show you how our experience can save you from stress, and provide you with the great opportunity a business acquisition or merger can be.


Company Secretary


Company legislation requires businesses to perform many administration tasks take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out trying to ensure you are complying with the Corporations Law.


The possible threat of penalties for failing to keep up with the changing rules is too great a risk to take.


At Hack, Anderson & Thomas Chartered Accountants we are able to relieve this burden for you. Our services include:


  • General advice on company law
  • Assistance with company formations
  • Preparation of all documentation related to minutes and resolutions
  • Maintenance of statutory books
  • Assistance in changes of directors, shareholders, addresses, and office details
  • Bonus Issues
  • Share transfers
  • Registered Office Facility


Please contact us for further information on how we can help you to get back to the task of running your business.


Estate Planning


As unpleasant as the task is, estate planning is one of the necessities in life. It allows peace of mind knowing your hard earned assets will be dealt with in the manner you choose.


For business owners, a plan for succession of ownership is essential. We can guide you through the process of providing for business continuity.


The executor and trustee of a will is required to perform a number of duties. At Hack, Anderson & Thomas Chartered Accountants we are experienced in estate planning, and can guarantee the succession plan for your assets will be held to.


The areas involved in estate administration we are able to assist in include:


  • Meeting to discuss objectives for your estate 
  • Confirming assets - valuations, inventories, appraisals
  • Court approval for a grant of administration
  • Documentation involved in estate planning
  • Protecting the assets
  • Paying taxes and debts
  • Estate distribution

Farm Accounting


Farm accounting involves specific business, financial, and taxation issues, and as such requires a specialist understanding of the industry. At Hack, Anderson & Thomas Chartered Accountants we keep abreast of the developments in both the farming and accounting industries, putting us in a position to provide up-to-date and accurate advice.


Our services include:


  • Farm budgeting and cash flows
  • Farm sales and purchases
  • Ownership structures
  • Preparation of financial statements
  • Taxation
  • Seasonal planning
  • Succession planning

Members Voluntary Liquidations


Winding up a company may be an option if it doesn't meet the requirements for voluntary deregistration (a company with assets worth $1,000 or more cannot be deregistered on request). 


Winding up is a process where a company's outstanding matters are finalised, its assets liquidated, and it ceases to exist as a company.


At Hack, Anderson & Thomas Chartered Accountants we can assist in completing all of the necessary forms and processes to ensure this occurs.


Private Ancillary Funds


Ancillary funds are special funds that provide a link between people who want to give ('donors') and organisations that can receive tax deductible donations as deductible gift recipients (DGRs). Ancillary funds are set up for the purpose of providing money, property or benefits to DGRs.


A Private Ancillary Fund can't solicit donations from the public and In any financial year, the fund must not accept donations totalling more than 20 per cent (in total) of the market value of its assets (determined at the end of the previous financial year) from entities other than:


  • a founder of the fund; or
  • associates of the founder; or
  • employees of the founder; or
  • a deceased estate of any of those entities.


At Hack, Anderson & Thomas Chartered Accountants we know the practicalities of Private Ancillary Funds. We are able to assist you by:


  • Assisting with 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. 


Rental Property


At Hack, Anderson & Thomas Chartered Accountants we have the expertise required to assist you in a variety of areas relating to residential and commercial property.


The services we offer our clients include:


  • Advice on the purchasing of a property
  • Reviews of lease agreements
  • Advice on funding
  • Guidance in tax minimisation
  • Advice on ownership structure
  • Periodic reviews to ensure returns are maximised

The importance of forecasts in making a residential investment cannot be emphasised enough. We are able to provide for you:


  • Forecasts of revenue returns
  • Forecasts of financial position
  • Forecasts of potential growth

Contact us today for more information about how we can assist you in the business of rental properties.


Selling a Business


Selling a business can be a difficult, disheartening time and the tasks involved can seem particularly arduous. At Hack, Anderson & Thomas Chartered Accountants we take the unwanted burden from you.


The services we provide for preparing to sell a business include:


  • Obtaining comparative results
  • Establishing a realistic sale price
  • Taking the business to the market
  • Negotiating with potential purchasers
  • Assistance with drafting a contract

Our friendly, professional team will help you obtain a maximum return for your business.


Succession Planning


To ensure the long-term success of your business, it is critical to establish a well-designed succession plan. Coordinating the transition of your business to your successors can be an arduous process. However, with our years of experience we can address the complex issues of business continuation, removing the stress from your shoulders.


Contact us for more information on forming a plan that facilitates a hassle-free continuation of your business!


Superannuation


As the Government encourages Australians to take responsibility for and reach their financial retirement goals, citizens are repeatedly required to deal with Superannuation funds.


Self-managed Superannuation is a means of saving for retirement. It allows you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.


Superannution law is a delicate area and personalised planning is required for each individual. At Hack, Anderson & Thomas Chartered Accountants we are superannuation experts, and can assist in establishing a superannuation fund that will effectively allow you to reach your financial retirement goals.



Services we offer include:


  • Superannuation Audits
  • Advice concerning Compliance Matters 
  • Advice concerning Taxation Benefits
  • Advice on Employer obligations



Trusts


A trust provides a valuable way of protecting the assets you have accumulated for the benefit of others.


We have extensive experience and so are able to offer specialist advice on Trust formation, ensuring that all statutory requirements are met. Obligations for trustees can often be onerous, and our assistance in Trust administration will also be invaluable.


We are able to:


  • Prepare and execute the vital documentation involved in Trust formation 
  • Attend to the special requirements involved in reporting for Trusts 
  • Trust administration 
  • Minute keeping service 
  • Annual accounts 
  • Taxation 
  • Asset management 
  • Investment monitoring 
  • Income distribution


Contact us today to ensure that your trust is formed and administered as effectively as possible, covering all legal requirements allowing it to fulfil its purpose.


Valuations


Am I getting the best price for the sale of my business? Is the asking price too much? An independent valuation provides you with answers to the questions you often need to ask about the value of a business or property.


We are trained and experienced in business valuations and can provide you with simple guidelines and formulae to determine the value of your business or property. We can also appear in court or for arbitration as expert witnesses in relation to business valuations.


Choose Hack, Anderson & Thomas Chartered Accountants for a professional, accurate valuation service!

Share by: