Accounting & Taxation

PJT Accountants & Business Advisors go beyond standard compliance. In addition to the preparation of your financial statements and tax returns, we deliver proactive knowledge to assist you in your business.

PJT are the experts in taxation – whether our clients are individuals or public companies, multinational or private entities, each one is unique and requires customised tax solutions. We look after all your taxation needs including Fringe Benefits Tax, Goods and Services Tax, BAS Statements, Capital Gains Tax and payroll tax.

We believe that the best approach starts with a year-long tax planning strategy.

ASIC Reporting/Corporate Secretarial

PJT Accountants & Business Advisors will address all your reporting needs to ensure all necessary forms and document are lodged with ASIC and your company register is kept up to date.

ATO Registrations

We can assist with all ATO registrations including ABN, GST, Payroll Tax, TFN applications, etc. We will liase with the ATO on your behalf to ensure the registrations are completed in the appropriate timeframes.

Audit Insurance Protection

The ATO are auditing tax payers more than ever and we can arrange insurance to you cover professional fees incurred when we assist you in responding to an audit, review or investigation of returns lodged with the Australian Tax Office or other government agency.

Business Finance

Your finance needs to work for you and not cost you the earth. PJT Accountants & Business Advisors are experienced at dealing with banks and finance providers to minimise your borrowing costs and interest rates and ensure it is setup correctly. We help reduce the stress and time taken to establish your finance or refinance your loans. We also assist with equipment finance, residential loans and vehicle finance.  

Business Life Plans

Our Business Life Planning Service is an effective way of addressing the growth and succession issues facing you in your business.

By participating in a Business Life Plan, you will respond to matters about your personal and business life and as a result, a clear strategy will be developed that puts YOU in charge of achieving your goals.

Business Sale, Succession and Transition Planning

Exit your business on your terms and in your time. Effective succession planning is the key to protecting, growing and realising the maximum value for your business. It is a strategic process that allows you to smoothly transition the ownership and/or management of your business.

Business Structure Advice (incl establishment of companies, trusts etc)

PJT Accountants & Business Advisors will advise you of the best structure that will suit your needs and goals. Your business structure should protect your assets, minimise your tax, as well as meet the requirements of your business. We review your structure on a regular basis to ensure it is still the best for you, taking into account changing legislation.

Budget Preparation

Budgets not only help us set targets and measure performance, but they can improve your chances of acquiring funding.

PJT Accountants & Business Advisors will not only establish a budget to help your business be successful, but we will work with you to improve key area’s to ensure you not only meet your budget, but exceed it. Your budget will allow you to consider future scenarios and give you goals to strive for in your business.

Cashflow Management

Neglect your cashflow and you risk insolvency. PJT will help you implement strategies in your business that will have an immediate effect on your cashflow and provide you with tools to help you monitor and improve it.

Due Diligence – Acquisition and Vendor

PJT can provide acquisition due diligence covering financial considerations (e.g. the integrity of historic and forecast information), tax, commercial factors (e.g. customers, suppliers, markets, and competitors), superannuation, IT and human resources. We will:

• Appraise available information about the target and the proposed merged entity to more objectively evaluate the merits of the deal and the valuation supporting the offer price.
• Identify issues likely to affect negotiations.
• Reduce the risks associated with the deal by identifying and quantifying risks and benefits (e.g. identifying suitable warranties and indemnities for inclusion in the sale and purchase agreement).

Our experienced due diligence professionals provide a written report containing a comprehensive analysis of the business for sale, including the key issues and opportunities a purchaser is likely to consider. It explains how the business interacts with its markets and competitors, and examines the key drivers of financial performance.

It covers all the important financial, accounting, tax, IT and commercial aspects of the business to be sold.

Estate Planning

Estate planning is a process to help protect the wealth you have built over your lifetime. We will assist in eliminating uncertainties over the administration and taxation of your estate. We will review your situation and structure a plan to suit your wishes.

Executive coaching

Executive coaching is an effective way to create focused organisations and foster a proactive work culture. Executive coaching gives people the freedom to use their strengths, skills and experience - while simultaneously ensuring clear goals are established and outcomes are achieved. For more information on what an executive coach can do for you, visit our executive coaching page.

External CFO

An external CFO is not an external Accountant. We take an active role in your business. We prove a framework to monitor you business and to foresee any potential issues that may arise. Our External CFO service can cover:

• Setup processes and procedures
• Identify and manage your insurance risks
• Provide insightful monthly management reports
• Deal with banks and finance companies
• Develop the business strategy
• Develop a monthly forecasted Cashflow
• Identify and develop business drivers
• Help improve profits and cashflow
• Identify the profitability of each product or driver of the business
• Help analyse waste in the bbusiness and implement measure to save
• Look at new product lines
• Advise on expansion
• Provide tax advise and know when to seek external advice.

Industry Specialities: Hotels, Medical, Pharmacy, Manufacturing, MIning

HOTELS: Director Wayne Patten is passionate about the hotel industry – and is dedicated to working for the hotelier, not for himself. For more information on what he can do for your hotel, visit our hotel page.

PHARMACY: A strong and vibrant independent Pharmacy sector is vital for our national economy, local businesses and family communities.

We are experienced in the Pharmacy sector and can help you improve your margins and get your business working for you. For more information, see our Medical page.

MEDICAL: PJT Accountants & Business Advisors provides a full range of accounting, tax and business advisory services to medical and dental practices and other medical professionals ranging in size from sole practitioners to multi-physician groups.

We help you with your practice growth, management support, financial and operating efficiency and investment services. For more information, see our Medical page.

MINING: The mining and resources industry is an important growth industry in Queensland and is a significant contributor to growth and employment throughout Australia.

If you are in the mining and resource industry, PJT can be your partner in improving your business. As well as being the experts in general compliance, we love to work with business owners to take the stress and uncertainty out of their business. We can help you with increasing profitability, improving cash flow, maximising asset protection, understanding mining business structures, minimising tax, and building wealth.

MANUFACTURING: We provide an extensive array of business advisory services to the manufacturing sector.

Our extensive experience ranging from Working Capital Management through to Inventory Cost Analysis and Process Efficiency Reviews enables us to provide timely and efficient solutions to all your business needs.

KPI Monitoring

Key Performance Indicator (KPI) Monitoring is essential to improving your business. We can help identify what KPI’s to monitor and establish a reporting system to do so.

Management Meetings

Your Business Advisor at PJT will meet with your management team regularly to discuss and evaluate your business’s performance in the past period, as well as set targets and KPI’s for the next period. Regular management meetings are a must if you want to move your business forward.

Management Reporting

Did you know that business that report monthly have a statistical survival rate of over 79% compared to those who report annually, whose survival rate is 36%?

Reporting your business activities on a regular basis gives you an understanding of where your business is currently, plus a direction for your business. You gain the benefit of monitoring your key performance ratios as the business trades on a monthly basis. PJT Accountants & Business Advisors can provide regular reports for your business and provide detailed information on your key performance ratios.

New Business Purchase/Setup Advice

PJT Accountants & Business Advisors are experts in advising you with your business purchase or setup. We will ensure the process is smooth and stress free and look after each step required. Our 'Buying a Business Guide' will also inform you about what you need to know when you purchase a business.

Retirement Planning

Do you have enough superannuation to enjoy the retirement you want? Or are you wondering if you can retire early? PJT has superannuation experts that can formulate the ideal strategy for you. We have expertise in the following areas:

• Customised superannuation solutions
• Advice to ensure a secure income stream in retirement
• Retirement planning
• Borrowing in Super

Staff Value Programs

Is your team working 'with' or 'for' you? PJT can assist you in all areas of attracting, retaining and motivating staff. The 'Staff Value Program' is a comprehensive program that establishes an effective staff incentive program and improves staff performance, productivity and attitude. This program has been proven to increase staff motivation and retention and it has been implemented in various businesses of different industries across Australia and New Zealand with great results.

Self Managed Superannuation Administration

More and more people are becoming trustees of their own self managed superannuation funds. PJT can be your partner in this process, by keeping you up to date with the rules, staying compliant, and being familiar with the latest strategies to optimise your retirement funds. We can advise you whether a Self Managed Superannuation Fund (SMSF) is right for you and if so, establish the fund for you.

Systems Development

Systems help improve efficiency and improve the value of your business. PJT can provide you with a strategy and plan to develop systems to enhance your business.

Tax Planning & Advice

Our priority is to balance tax planning with your long term goals. We are committed to provide realistic tax planning options in line with your commercial objectives.

We will work within the complex taxation law to minimise your taxation liability.

Valuations

We provide business valuation services for a variety of reasons. You may be thinking about buying out your business partners, looking to acquire new business, refinancing, or selling.

PJT Accountants & Business Advisors valuation process has been tried and tested and is approved by the Institute of Chartered Accountants, so you know you can count on us.