The business environment in which we operate means that, regardless of the size of your business, the management of tax risk is a core issue.  Tax risk impacts on every aspect of the business either directly or indirectly.  Transactional and operational decisions along with changes in the market and your business’ financial position can all affect its tax risk profile.

All too often the responsibility of managing tax risk is dealt with solely by the tax team.  Changes in the regulatory and governance landscape, however, mean that chief executive officers, chief financial officers, audit committees and tax and accounting teams all need to feel confident that an effective tax risk management policy in place.

Managing task risk involves far more than dealing with Australian Tax Office (ATO) audits, it permeates all phases of the business’ decision making process and can affect its commercial success.

We can help you to proactively identify and mitigate risks before they arise.  Our team can assist you in developing a framework for managing tax risks across all business units and provide you with the tools to minimise these risks.

We recognise that tax risk management is not solely about tax minimisation, there are times where it may be commercially beneficial to take a risk.  Our professionals can provide a clear assessment of existing or potential tax exposures in relation to the expected value of a transaction or operational decision.

William Buck’s tax team has vast experience across all areas of tax and more specialist expertise in enterprise risk.

Our tax team understand that each business is different; size, industry, location, operational capability and culture will all affect your business’ tax risk profile.

We take the time to really understand our clients’ businesses and the way in which they operate in order to achieve the best possible tax outcome for our clients.

How we can help

  • Tax risk management strategies
  • Prudential tax audits to identify exposure
  • Statistical reviews
  • Industry benchmarking
  • Liasing with the ATO

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All the Latest From Our Tax Services Team

Sell your property now, or risk a big tax bill

Posted By William Buck News on 05/02/2019 10:25:14 pm

Do you live overseas and own a house in Australia? If so, you may have less than five months to act before you’re stuck with…

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Impact of digital tax policies on Australian technology companies

Posted By William Buck News on 15/01/2019 03:01:10 am

As digital services businesses continue to replace bricks-and-mortar retailers, many governments are grappling with how they can collect their share of tax from these businesses’…

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Mid-tier encourages ‘fence sitters’ to innovate

Posted By William Buck News on 13/12/2018 03:01:11 am

Commentary from Dr. Rita Choueiri, Principal of Research and Development Services and Jack Qi, Tax Director. R&D tax experts say tech companies shouldn’t be deterred by…

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Employee Share Schemes for SMEs

Posted By William Buck News on 13/11/2018 08:01:23 am

Overview Employee share schemes have been around for some time now but have become more prevalent of late in Australia, especially with the introduction of…

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