Agribusiness

Agribusiness

We support an extensive agribusiness client base from the pastoral region in the north of the state to Esperance.

Our tax and consultancy services are offered through all of our offices to cater for a variety of needs associated with running an agribusiness.

Our Services include

  • Financial statement, Tax Return & Business Activity Statement preparation and assist in all other compliance obligations.
  • Full range of taxation services
  • Taxation planning
  • Succession planning
  • Estate planning
  • Structure advice
  • Land transfers, family farm duty exemptions and capital gains tax exemptions
  • Cashflow budgeting and forecasting
  • Bookkeeping assistance

Why Byfields Agribusiness?

  1. Our “beyond compliance” approach starts with a commitment to assist you with the “bigger picture” issues in your business, such as business structures, succession plans, wills, and life insurance.
  2. We pride ourselves in delivering a comprehensive pre 30 June tax estimate, where we calculate expected profits for the year and estimate likely tax payable, discuss effects to business cashflows, and investigate tax saving strategies to be implemented prior to 30th June each year.

  3. In depth knowledge of the tax concessions available to primary producers to ensure that you use all the tax planning tools and rebates available to you.
  4. Our people have an in-depth knowledge of farm businesses, as most of our senior staff have farming backgrounds and the majority of our clients are in the farming industry.
  5. There is a team approach to your work, so that if the contact person on your file is unavailable due to holidays or for any other reason, somebody else is able to assist you on a timely basis.
  6. Agrimaster, Phoenix, Xero and MYOB software knowledge is first-class across the firm.
  7. It is guaranteed that if your telephone call cannot be taken immediately, it will be returned within 24 hours or a time that is suitable to you.
  8. Your financial statements and income tax returns will be completed before January 31 each year, provided we have your records before harvest. In fact, if we receive your information by the end of August, your work will be completed prior to harvest.

Please contact one of our specialists today to discuss your needs.

 

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