Success Story – Property Developer
A Property Developer, starting a new business needed advice on structure setup, project costing and profit, managing cashflow and ongoing support for any accounting and tax related queries.
Our client started a new business of property development and contacted us to setup the structure. Property Development business comes across cashflow issue regularly. Therefore, our client gets in contact with us on an ongoing basis.
We assisted our client in the following matters:
- We assisting in setting up the structure for our client which is effective for 2 partners who are friends and also beneficial in saving tax in the long term.
- We assisted in setting up their accounting software XERO and provide assistance with bookkeeping on a regular basis in order to calculate cost and profit based on each project.
- Our client contact us on an ongoing basis to seek advice on GST withholding matters with ATO on the sale of property.
- Our client also seek advice on their cashflow related issues where we constantly review their business position and discuss the options accordingly.
At RV Advisory Group, we assist our clients in every possible way and try to be available for any accounting and tax queries they may have along their business journey.
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