WHAT WE DO

HELPING YOU MAKE INFORMED CHOICES

What we do

Summit Consultants provides access to all financial services to help you organize, build, and protect your finances. We start by understanding your goals, behaviors, and values, allowing us to create a tailored financial plan to achieve your specific objectives.

Our business clients are committed to their business's survival and prosperity, aiming to protect their assets and minimize tax obligations. They rely on their business for daily income, invest in property to hedge against inflation, and prioritize long-term planning to ensure a smooth transition when they decide to sell or retire.

These characteristics underpin the nature of the services we offer and provide, as follows:

Planning and Growth​

We aim to understand you by starting with your goals, behaviors, and values. Then, we create a business plan tailored to help you achieve those specific goals. In executing this plan, we offer advice and assistance on:

  • Strategic Planning & Reviews
  • Virtual CFO
  • Advisory Board
  • Business Coaching – Sales
  • Cash Flow
  • Staffing, productivity and HR
  • Technology
  • Logistics
  • KPI’s – Customized
  • Budgets, Cash flows and Variance Analysis
  • Monthly Profit Reporting
  • Benchmarking Analysis
  • Commercial Contract Reviews
  • Business Health Check
Planning and Growth

Business Structures​

We examine your present circumstances and investment goals, assisting you in gaining clarity on your next moves.

The correct business structure is important to provide optimal outcomes in relation to:

  1. Protecting of your assets against business risks;
  2. Minimising annual income tax;
  3. Minimising capital gains tax on sale of the business.

We therefore assist in all phases of the business life cycle: from inception to sale or retirement; and for all types of transactions and business deals, including assessing your current business structure.

  • Review of effectiveness of existing structure in relation to items 1-3 above
  • Tax Effective Planning & Analysis
  • Asset Protection
  • Managing company director loans (Division 7a issues)
  • Setup of Trust, Company and Self-Managed Superannuation Fund
  • Succession Planning
  • Joint Ventures & Partnerships
  • Mergers & Acquisitions
  • Purchase and/or Sale of Business
  • Due Diligence
  • Small Business Restructures
  • Corporate Consolidations and Restructures
  • Corporate Solvency Matters
Business Structures

Business Compliance

This covers the full gamut of traditional bookkeeping, accounting, taxation and company secretarial services:

  • Income Tax Preparation Annual
  • Financial Statements
  • BAS Preparation and Lodgement
  • Bookkeeping
  • Cloud Accounting
  • R&D Tax Incentive
  • ASIC Lodgements
  • PAYG Variations
  • Trust Deed Upgrades
  • Company Deregistration
  • ABN & GST Registrations
  • ASIC Searches
  • Small Business Concessions
  • Division 7a Loans
  • ATO Debt
  • Small Business Debt Restructures
Business Compliance

HR Administration

With the advent of STP and closer monitoring by the ATO, handling the payroll administration for our clients (excluding payment of employees), brings them peace of mind.

We cover the following areas:

  • Payroll Administration including STP
  • SGC Reporting
  • Payroll Tax
  • Workers Compensation Insurance
  • PAYG Reconciliation Summaries
HR Administration

Property Construction Services

At Summit we have garnered a number of clients involved in property construction including development. This has resulted in vast expertise in supporting our clients by providing the following services specific to their industry needs:

  • GST
  • Margin Scheme
  • ATO Liabilities
  • Loan & Finance Applications/Construction Finance
  • Setup of Companies & Trusts
  • Asset Protection
  • Capital Gains Tax
  • Workers Compensation
  • Sub-Contractors
  • Payroll Administration
  • BAS
  • Bookkeeping
  • Cloud Accounting
  • Income Tax
  • Finance & Accounting
  • Joint Venture
  • Legal Support
Property Construction

Data Analytics

We aim to understand you by starting with your goals, behaviors, and values. Then, we create a financial plan tailored to help you achieve those specifc goals.

  • Strategic Planning & Reviews
  • Virtual CFO
  • Advisory Board
  • Business Coaching – Sales
  • Cash Flow
  • HR
  • Technology
  • Logistics
  • KPI’s – Customized
  • Budgets, Cash flows and Variance Analysis
  • Monthly Profit Reporting
  • Benchmarking Analysis
  • Commercial Contract Reviews
  • Business Health Check
Data Analytics