Restructuring is a broad term that encompasses scenarios ranging from a simple reorganisation of business processes, through to more complex scenarios which involve a change in the legal structure of the underlying business. Restructuring should be contemplated when:
- Looking for outside equity
- Your business has outgrown the existing structure
- You are considering succession planning
- You are considering estate planning
- You want to protect certain assets from the risks of trading.
The benefits of restructuring
Successful restructures can minimise costs, utilise synergies of other entities, protect assets against unforeseen losses, and ensure flexibility for tax-effectiveness. However, there are many tax implications of changing your ownership structure, including Income Tax, Capital Gains Tax and Stamp Duty, that need to be correctly managed.
In any restructure, Accru’s experienced team spends the time to fully understand your business objectives. We then recommend a business structure that best facilitates your goals, and manage the transition of your business to the new structure.
How Accru can help you
Accru has completed hundreds of business restructures, many for family businesses interested in succession and estate planning. We take a commercial approach to business restructuring whilst managing and mitigating any resulting tax liabilities.
When done well, restructuring your business can achieve multiple objectives without giving rise to significant taxation costs, so you receive maximum value from the change.
We provide an independent opinion on financial and non-financial statements, as well as giving important insights as auditors.
Our business advisors focus on providing professional, practical and timely advice to help business owners reach their financial goals.
Our specialist lending service can help you find a home or business loan which best suit your needs and could offer interest savings!
We can help you make sense of this heavily regulated and complex area to ensure you are well-positioned for retirement.
Whether your personal or business tax, we can ensure you are always up to date with the ever-changing and complex world of taxation.
We provide you with a holistic plan considering all your financial affairs – investments, superannuation, tax, retirement and estate planning.