Accounting, Legal & Advisors

Accountants, Lawyers and Advisors

The 5th Element Alliance provides comprehensive tax and accounting services to businesses, individuals, family groups and organisations of all sizes. We provide a broad range of advisory services to address a wide cross-section of business needs and challenges. Our diverse services include forensic accounting to tax compliance. Whether it’s addressing a specific issue or devising strategies to boost business performance and efficiency, the five will be there for you.

Audit and Assurance

The five is experienced in the audit of all types of organisations and business structures. Our audit services includes:

  • External audit
  • Internal audit
  • Risk profiling and management
  • Probity audit
  • Internal control advice
  • IT audit and security
  • Due diligence
  • Special reviews
  • Fraud prevention

Tax Advisory Services

The five is a specialised tax advisory firm. Our specialists provide comprehensive tax strategies to businesses, individuals and family groups. Some of the ways we can assist include:

Corporate tax compliance and planning

  • Tax planning (corporate, SME)
  • Business tax compliance
  • Employment tax services
  • Tax investigations
  • Transaction services
  • Succession and exit tax planning
  • Not for profit/tax exempt organisations

Personal tax compliance and planning

  • Income tax planning and self-assessment tax returns
  • Inheritance tax, estate and gift planning
  • Tax implications of buying or selling property in another country
  • Wills and Trust planning
  • Charitable giving, philanthropy or private foundations
  • Family services to help design and manage key systems
  • Succession / transition planning
  • Valuation services

International tax planning

  • Outbound and inbound investment structuring
  • Transfer pricing
  • Cross-border cash planning: dividend repatriation, funding, currency issues
  • Indirect tax
  • Customs and trade
  • Workforce solutions – expatriate advice

Transfer pricing

  • Minimised risk of double taxation
  • Reduction of the worldwide effective tax rate
  • Enhanced shareholder value
  • Support documentation

Private client and family wealth

  • Retirement Planning
  • Financial Planning
  • Investment

Accounting and Reporting

The Five is large enough to provide accurate and professional advice but without the big fees attached.

Some of our essential business accounting services include:

  • Preparation of management and statutory accounts
  • Preparation and lodgement of tax returns
  • Tax planning
  • Corporate secretarial administration
  • Companies Act compliance
  • Business Activity Statements (BAS’s)
  • Other statutory reporting requirements e.g. payroll tax and superannuation obligations
  • Outsource CFO.

Superannuation

SMSFs represent the most tax effective investment, wealth creation and estate planning structure available in Australia. Some of their many benefits include:

  • Ability to invest in a wide range of assets, including the ability to gear
  • Significant estate planning flexibility
  • Cost savings for large account balances
  • Tax concessions
  • Asset protection advantages.

As your SMSF administrator and advisor we can provide you with the following services:

ESTABLISHMENT
  • Tax File Number and Australian Business Number applications
  • Notice of election to become a regulated fund
  • Trust deeds
  • Minutes, membership application forms and product disclosure statements
  • Nomination of death benefit beneficiaries
  • Benefit rollover documentation
ADMINISTRATION
  • Annual financial and member statements
  • ATO income tax and regulatory returns
  • Transfer balance account reporting
  • Business or instalment activity statements
  • Fund audits
  • Investment reporting
  • Conversion to pension
  • Benefit payment processing
  • PAYG payment summaries
  • Actuarial certification
CONSULTING
  • Contribution strategies to maximise contributions
  • Pension planning and projections
  • Tax effective retirement strategies
  • Regulatory compliance and investment structuring
ADVISORY SERVICES

The Five has a number of specialists that provide a broad range of advisory services to address a wide cross-section of business needs and challenges. We work with the company Boards and Executive teams, business owners and other advisors to address a wide range of business needs. Whether it’s addressing a specific issue or devising strategies to boost business performance and efficiency we can help you with the following:

Corporate Advisory

  • Due diligence reviews
  • Forensic Accounting
  • Insolvency, Risk and Restructuring
  • Share and business valuations
  • Preparing independent expert reports
  • Mergers and acquisitions
  • Management buyouts/buy-ins.
  • CFO/CEO/Legal Consulting Services
  • Structuring and Asset Protection
  • Governance and Risk Management
  • Business Planning, Management and Leadership
  • Advisory Boards and Independent Board Members
  • Succession Planning

International Business Services

  • Company Set up and company secretarial services
  • Business registration
  • Payroll
  • CFO/CEO and Legal services
  • Consulting Services

Strategies for business growth

  • Conducting a full operational business review
  • Reporting on maximising profitability and return on investment
  • Developing a strategic plan and direction for your business
  • Assessing organisational effectiveness and restructuring a group of businesses
  • Optimising cash flow and researching access to new avenues of funding
  • Business valuations
  • Advising and assisting with new territory business entry strategies
  • Financial Accounting
  • Management Accounting
  • Cloud Accounting Applications

Lawyers

When you are confronted with a legal dilemma, The 5th Element Alliance in partnership with David Wilkinson & Co provides the expertise and solutions you need. Specializing in several areas of law – including commercial law, family law, criminal law, litigation and succession law we ensure that your interests are protected.

The five’s is able to provide our clients with personalised legal services via David Wilkinson & Co. These services include:

  • Corporate and Commercial Law
  • Competition and Consumer Law
  • Construction and Infrastructure
  • Taxation
  • Property Law & Conveyancing
  • International and human rights law
  • Succession law
  • Employment law and Industrial Relations
  • Mediation and Litigation
  • Medical Law
  • Environmental Law
  • Immigration Law
  • Personal Injury
  • Criminal Law
  • Family Law