AFS has a team of agribusiness specialists able to provide business and taxation services no matter what you produce or where you are. We have been helping primary production, agriculture and food businesses to build wealth for 75 years and understand the importance of this sector to the local economy.
With the difficulties the economy is experiencing at the moment, it is more important than ever to work in partnership with a trusted advisor who can assist you to access government support, and provide timely advice for your business to ensure you can achieve your goals.
Our specialist services include:
- Tax compliance
Preparation of financial statements, income tax returns, activity statements, fringe benefits tax returns, payroll tax and WorkCover matters
- Business advice, including for the purchase or sale of property
We have extensive experience helping our clients navigate through the process of buying and selling a business or farm. Including assisting with valuing businesses and the due diligence process.
- Business analysis
We can benchmark your business performance against the industry average to become aware of the business areas for improvement.
- Assistance obtaining finance for new equipment
We have an in-house team of finance brokers who will help you find a finance solution that suits your businesses requirements at very competitive rates.
- Succession planning
We can help you develop a succession plan that meets the needs of each generation to ensure the best tax outcomes for your family group are achieved.
- Business structure advice
Choosing the right business structure is very important and has many implications including tax, asset protection, control and legal liability. We can recommend a structure that suits your business’s needs.
- Tax planning and assistance applying the primary production tax concessions
Primary producers have access to a range of tax concessions not provided to other industries. Therefore, it is important to have an advisor who can update you on the concessions currently available and how to qualify for them.