Your friendly CPA accountants in Dubbo
Welcome to MGH Advisory. We are your full-service, consulting CPA accountants based in Dubbo, NSW.
Whether you have an established company or just starting up a new one, we can help you with the right advice to make it successful.
We have more than 30 years accounting experience across industries including:
- Retail
- Prime production
- Building and construction
- Medical
- Security
- Services
We are able to provide you with practical, hands-on business advice that goes way beyond filling in your company tax return.
Our Services
Rather than be just about numbers, we prefer to meet regularly with you and provide you with complete advice. You and your business are unique and we recognise that.
So if you are looking for an accountant who takes the time to understand your entire business as well as your individual circumstances and goals, you have come to the right place. We will advise on the important decisions guiding a business, such as:
Taxation and Accounting Services
Business advisory work requires us to have good expertise across industries. We know which areas the tax office is likely to focus on, depending on your specific business and industry.
Make sure you’re accounting correctly and reduce your tax. Do not get caught in fringe benefits or any other federal or state level tax unexpectedly.
Business planning and advisory services
Is your business as profitable as it could be? Do you need to register for GST? We help you set up the right provisions for your company to be viable and grow more profitable. Optimise cash flow, get your debtors under control and avoid any taxation pitfalls.
Entity structuring
We work with you to find the optimum structure for your business. Whether you’re a start-up or an established company.
You may find you have outgrown your existing entity and it will be better to restructure. This includes asset protection and public liability – reduce your exposure, including potentially your personal assets.
Succession planning
Family trusts are probably one of the best entity types for succession planning. You can bring your children into the business. Avoid capital gains tax. You may also look at how to best set your company up to be sold when the time comes.
Retirement planning
This is another key element of our overall business planning and advisory service. How can you best prepare for retirement. This often crosses over with succession planning and we will look at all these different aspects as a whole.
SMSF
We advise you if and when it makes sense to set up your own Self Managed Super Fund. We are able to set up your SMSF, work with yours and create investment strategies.
We can take on the administration and do all the accounts, lodge tax returns, maximise tax deductions and observe contribution maximum and minimum limits.
Online accounting packages
We work with MYOB, XERO and Quickbooks.
Hands-on Business Advice – What Makes Us Different
We like to meet with you on a regular basis, such as monthly, review your accounts, assess how your business is traveling and how we can improve it further:
- What changes should be made to your business to generate a better profit and/or make it more productive?
- What split between equity and loan type finance is right for you? How do we structure that so it fits best to your business?
Complete Accounting Service
We aim to provide accounting services that are complete.
Going beyond general accounting, tax strategies, optimising business cash flow and handling debtors, we also touch on insurance, superannuation and even marketing to a certain degree. We can also refer you to specialists as needed.
Tax Savings vs Asset Protection
What is more important? Taxation saving or a structure that protects your assets best? While minimising tax is always important, there are areas that should also be concentrated on, such as protecting your assets and livelihood.
We sit down with you and work out where you are at and where you want to go. In our meetings we can usually come up with a structure that’s most suitable for you for the next 10 or even 20 years.
Legislation
What happens when there are legislative changes? If the tax act changes (for example, think family trust) – your business structure needs to be revisited. Other examples are the enormous changes of super over the last two decades. Then there is the area of franking credits, especially through superannuation funds.
With constantly evolving legislation, reporting requirements and tax rules, we keep you on track.
Contact Us
Let’s get the ball rolling. Talk to us and experience what difference a complete, friendly and consultative accounting service makes to your business and your life.
Take the first step towards your company’s and your personal financial future now!
Contact Us