Not-For-Profits

Taxation

There are unique aspects for NFP business, particularly in the areas of taxation. At Gauld Tulloch Bove, we work closely with all our NFP clients to ensure all aspects of their tax obligations are well understood and complete, as well as minimised. This includes income tax, capital gains tax, GST, PAYG instalments and withholdings, superannuation guarantee contribution levies and more.

We also act as a liaison point with the Australian Taxation Office so you can get on with doing what you do well and running your organisation, while we represent your interests.

Accounting

Accurately tracking your organisation's financial data is critical for running day-to-day operations for the success of your NFP and needed if you are looking to get funding to grow and expand. Our services include financial reporting and management accounting. We work with you to understand your NFP entity and your unique needs.

Budgeting & Forecasting

Planning by budgeting and forecasting is an essential activity for your success, and Gauld Tulloch Bove’s team are experts in guiding our clients. We assist with profit and loss, balance sheet, and cash flow, and educate you on how to understand and use this information for your growth.

Performance Analysis

Tracking performance is also essential to running a successful NFP. Important analysis reporting includes key performance indicators, trend analysis, and non-financial performance indicators.

Business Planning

To be successful in operating a NFP, considerable planning needs to go on behind the scenes. Gauld Tulloch Bove provides expertise in the areas of financial modelling, feasibility analysis, and strategic planning.

State Revenue

For crucial areas like state revenue obligations, Gauld Tulloch Bove works with you to adopt general strategies, as well as specific transactions for areas like land tax, payroll tax, payroll matters, and more.

Corporate Secretarial

There are many parts of corporate secretarial work that we undertake for clients to ensure all obligations are met. This includes ASIC lodgement and liaison, providing registered offices, maintaining corporate registers, changes to shareholders, changes to company officers, member's voluntary liquidations, as well as preparation of draft minutes and resolutions. Plus, we check annual company statements.

Financial Audits

Financial audits are also an important part of running a successful NFP. We take care of statutory and special purpose audits, as well as audits for workers’ compensation, grant acquittals, and systems audits.

Valuations

At Gauld Tulloch Bove, we also assist clients with valuations of businesses and entities, plus provide litigation support.

Contractual Due Diligence

When our clients are in acquisition mode, we provide timely advice on contractual due diligence for the purchase and sale of a business or entity.

Superannuation

Superannuation is both complex and changeable so you need the latest information and intelligence that we can provide at Gauld Tulloch Bove. We advise clients about their superannuation obligations for their employees, as well as the requirements for their own superannuation accounts. This includes estate planning, taxation strategies including pensions, and funds management.

Management Team Participation

As your NFP grows, you need to understand the roles and importance of advisory boards and your senior management team. At Gauld Tulloch Bove we provide strategic and practical advice in these areas.

Entity Restructuring

When your business is restructuring you need the right advice to ensure asset protection, taxation considerations are met, and all costs and complexities are understood. Gauld Tulloch Bove has the expertise to advise on entity restructures.

Business Commencement

It’s important to get everything right when a new NFP entity is established. Gauld Tulloch Bove’s expert team provides advice for entity structure selection and design, registrations, and the accounting systems you’ll need to start on the right footing.

Information Systems

The right accounting software for each business is essential to record the financial activities. Gauld Tulloch Bove assists with selection, implementation, and maintenance of accounting software, as well as financial control design and analysis.

Testimonials