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

Go global - flip-ups for Australian startups and scaleups

Posted By William Buck News on 21/03/2019 03:59:25 am

By Director of Tax Services Jack Qi and Manager Alex Zinzopoulos 'Go-global’ is one of the most oft-repeated mantras in the Australian tech sector – and for…

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Are you missing out on the R&D tax break?

Posted By William Buck News on 27/02/2019 03:50:23 am

Many Australian businesses may not be aware of a Government tax incentive designed to help them develop new and innovative products or processes. The research…

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Is your business structure right for you?

Posted By William Buck News on 27/02/2019 03:01:47 am

As a business grows, it’s very common for the business structure to lose its suitability. Consequently, it’s vital to review your structure to make sure…

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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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