Property Developers

Ascendia's Experience in This Area

Currently we provide comprehensive service to a number of large project developers - commercial and residential - and are fully skilled and experienced to support and advise in these areas.

Our services are provided, as appropriate, by our multi-profession team - not a 'jack of all trades' as we know how dangerous a little knowledge can be.

Services Ascendia Accountants, Lawyers and Licensed Investment & Financial Advisers currently provide to these types of clients include:

  • Financial Accounting
  • Tax Return Preparation
  • Business Bookkeeping systems and processes and reporting and review that measures Profit and Cash flow, and Balance Sheet outcomes against budgets on a monthly basis.
  • BAS and IAS Review
  • Chief Financial Officer Support (all management, investor and financier reporting)
  • Tax Advisory and Tax Estimation and Planning Services

  • Asset Protection Structuring of each development project
  • Project budgeting and balance sheet establishment that allows for shocks to the project without resulting in financial distress > sensitivity analysis of project budgets can be provided.
  • Cash flow budgeting of the project that accurately estimates all cash elements including GST credits and income tax, over the different stages of the project.
  • Business Risk Management Services - including review and update of:

    • Stakeholder or shareholder agreements

    • Sub contractor agreements (are you meeting ATO and State Government requirements or are you risking a large unexpected tax bill?)

    • Division 7 a loan agreements - have your loan agreements been prepared properly?

    • Any other business law matter you may wish to seek advice on - to protect your business.

  • Superannuation Accounting and Advice - including relating to property inside super.

  • Business Succession Planning Advice and Implementation - including relating to:

    • Tax effective transfer of business

    • Business sale agreements

    • Vendor finance arrangements

    • Transfer of lease liabilities

    • Transfer of business assets

    • Indemnity for tax or employee liabilities etc. etc.

  • Establishment of Investment or additional business venture entities - including legal advice pertaining to:

    • Most appropriate business or investment structure

    • Establishment of relevant entity as appropriate such as partnership agreement, joint venture arrangement, company and stakeholder agreement, unit or discretionary trust deeds and related agremeents, loan agreements, registration of charges relating to loans, bare trusts, etc. etc.

  • Investment Portfolio Advice and Management - including:

  • Investment advice for your or your investment entity detailing specific assets to purchase and in which amounts,
  • Ongoing portfolio and investment review advice
  • Ongoing managment service including all administration of assets, reporting of position on a daily basis etc. etc.
  • Retirement Planning Advice - including personal financial advice regarding:

    • The amount of capital you requrie to retire

    • When you can retire

    • Income you can derive from your capital

    • Appropriate and recommended investments for your portfolio providing retirement income etc. etc.

  • Estates Planning Advice and Implementation Services - including relating to:

    • Business assets

    • Superannuation assets

    • Assets held in related trusts

    • Assets owned by you personally.