Tax compliance and reporting regulations can often place undue pressures on business resources. The consequences of non-compliance can be excessively burdensome on small business. The taxation system is complex, and as such, businesses and individuals rely on both practical and sound advice in order to optimise their tax obligations.
DPR provide expert advice across all areas from tax compliance and planning through to the more complex matters pertaining to income tax, CGT, FBT and GST.
The issues surrounding tax compliance, whether it be relating to income tax, fringe benefits tax or capital gains tax, are at best, multifaceted. There are a range of types and characteristics within the tax structure, which have implications that are often overlooked; such as the impact of CGT on income tax, or the finer details around exemptions, dates and monetary limits that affect Capital Gains Tax. These complexities can lead to costly mistakes, which carry heavy fines and other avoidable ramifications. DPR works closely with its clients to eliminate the possibility of non-compliance outcomes.