Whether you’re an individual, a family, a business, or a combination of all three, we tailor our services to meet your individual needs.
Importantly, we understand that in many cases separating personal finances from family and business finances can be challenging, which is why we’ve become experts in servicing both businesses and the families that run them. This is a specialist area of accounting and advice that we’ve honed over many years.
We know families that run businesses need to plan for the long-term, so we are constantly learning new ways to stay at the forefront of the industry.
We are committed to maintaining a fee-for-service operating model, so you will always have full fee transparency.
Taxation Planning
We develop effective and legally compliant strategies to minimise your tax liability.
Our expert advice can help you plan and manage your tax liability by navigating business concessions, helping you write-off bad debt, pre-paying expenses, and conducting reviews of your group affairs to ensure you are fully compliant.
Business Planning
We operate as an extension of your business to fully understand its culture, challenges and goals, before providing any advice.
With decades of experience working with family-operated businesses, we have a nuanced understanding of the challenges and opportunities of this specialised business structure.
Estate Planning
We understand the sensitivities of family businesses so are committed to providing certainty and peace of mind for your family, to ensure your wishes are carried out with a thorough plan for your estate.
No matter what stage of life you are at, CFD Advisors can help with your estate planning in a way that minimises tax liability and legal fees. This includes working with our trusted network of service providers to put together a plan if you become disabled or ill, creating a succession plan for your business, and specifying when and to whom your benefits should be distributed.
Succession Planning
Our team has an in-depth understanding of family business succession planning. Family businesses account for about 70% of all businesses in Australia, and our ageing population means 81% of owners intend to retire over the next 10 years.
We know that nearly two-thirds of these businesses won’t survive into the second generation, mostly due to communication problems and a lack of preparation. We are passionate about helping you have a plan in place to ensure the seamless transition of your business.
Structural Planning
Whether you are a sole trader, in a partnership, company or trust, we will work to advise which structure works best for you.
Choosing a legal structure for your business is one of the most important choices you’ll need to make, because what you set up now may not be able to be easily undone later.
With our extensive network of trusted service providers, we can recommend solicitors and financial planners who share the same approach.
Small Business Concessions
Your business may qualify for a range of small business tax concessions, including capital gains tax (CGT), goods and services tax (GST) and fringe benefits tax (FBT).
We make understanding the ATO’s small business concessions easy by maximising your potential deductions, leaving you to focus on running your business.
Finance Structures / Capital
Hit the right mix of debt and equity with our expert financial structure advice. We can identify the best debt structure and ensure you have ready access to capital so you can continue to strategically grow your business.
Our tax-effective solutions will help to protect your assets, consider any impacts on your estate or business structure, and set you up with a clear path to repaying debt and saving.
New Business Strategies
Accounting strategies for growing your business should work hand in hand with your wider business strategies. Our accounting strategies will be the foundation for any business goal – whether it’s to attract more customers, grow or acquire assets, or start your transition to retirement.
We can help with sourcing new investments and understanding tax liabilities and consequences, reviewing your current financial circumstances, and working in partnership with your marketing team to develop strategies that will lead to growth.
Accounting Compliance
We prepare annual financial statements that are audit-ready and take care of your BAS, GST and FBT obligations, simplifying the process for your business.
We’re focused on providing a holistic, accurate service to avoid you having to navigate complicated and ever-changing regulatory and legal accounting obligations.
Management Consulting
With decades of experience managing accounting and strategic business services for a variety of industries, we are positioned to provide you with advice on more than just accounting.
In partnership with our network of trusted service providers we can offer operational, project management, strategic planning, human resources, marketing, workforce planning and business advice. Create a business that achieves your goals and take advantage of our seasoned expertise today.