Outsource & Review Solutions
We apply a proactive approach to assist you in meeting your FBT return requirements. We have developed a number of solutions to assist you in meeting your annual compliance obligation. Alternatively, we can tailor a solution to meet your needs or perform a post lodgement review.
1. FBT return preparation - Outsourcing
We specialise in the outsourcing of the annual FBT return preparation. Let us take the burden of preparing your FBT return off your hands. We provide a full outsource solution that can be offered on an annual, six monthly, quarterly, bi-monthly or monthly basis.
Our approach is comprehensive, and includes the following Planning, Training, Analysis, Consideration of valuation methods, Year end processes, Preparation, Lodgment and Post lodgement debrief.
2. Return Reviews - The bundled service
Our return review solutions are designed for you. Our review can be offered at a detailed level, assisting you through each stage of the FBT return preparation process, or limited to a high level in principle review. We can help you in deciding the level of review appropriate for your business.
3. Tailored review – meeting your needs
We are happy to tailor a review to meet your needs. This may involve us being involved in a number of ways:
- performing a review of certain benefits only
- project managing the return preparation process
- acting as a sounding board for queries during the preparation process
- providing advice on a big ticket item or event
4. Post lodgement review – ways to improve
You may prefer to prepare and lodge the FBT return yourself and get us involved to review the process post lodgement. A post lodgement review can take a variety of forms, including:
- running a workshop to discuss the process
- documentation of the process
- reviewing the return and workpapers
- identifying the key opportunities and risks
A key advantage of a post lodgement review is that it can be undertaken when the pressure is off the actual return preparation, improvements can be considered and implemented. If through this process, an overpayment or underpayment is identified, consideration for amendment can be discussed.