I, Don Walker, have been a registered tax agent and accountant since 1978.
I have a Commerce degree with Honors and a Law degree. My Honors thesis involved the development of a computer model for evaluating major capital projects, particularly in the Mining Industry which included – at the time, all the provisions of the tax act.
The modeling skills developed have been used in carrying out due diligence on numerous management rights acquisition.
With over thirty five years in public practice, I have extensive exposure to all sorts of business and in particular had three years experience in the venture capital industry as investment manager and company secretary.
Don Walker in Ashgrove, Brisbane, QLD categorized under Accountants specialising in services such as Accounting, MYOB / Quicken Bookkeeping, ATO Tax Auditing.
Other services by Don Walker include PAYG Tax Returns, Trusts Tax Returns, GST / BAS Returns.
Contact Don Walker to ask about our services.
With over thirty five years as registered tax agent, I have direct hands on experience with all types of tax returns including individuals, company, partnerships, trusts and Self Managed Super Funds (SMSF).
Every tax return lodged could be the subject of an ATO audit, as such as I ensure that all the content of each tax return can be substantiated.
We can process data on a monthly, quarterly or annual basis. Preparing quarterly BAS and annual financial reports.
Special management reports can be prepared giving prior year comparative, budget comparative, five year comparison and percentage.
In addition we can produce primary production accounts, manufacturing accounts, trading accounts, profit and loss accounts as well as detailed balance sheets.
SMSF are the major growth areas for most accountants. There are over 450,000 SMSF in Australia. For me this is an area of great personal interest having my own SMSF.
I am not licensed to give financial investment advice to the Trustees of SMSF.
I am very interested in ensuring correct compliance procedures which are adhered to because failure for non compliance can be an extremely expensive exercise.
Selecting the correct business structure when commencing a business is very important.
Which structure best suits your purpose depends on your personal circumstance. It is best to make an appointment to discuss your individual needs. I do not charge for an initial consultation of an hour or less.
As a general principle all new operating structure require registration for:
Consideration must also be given to:
We are not qualified to advise on all of these items but as a general rule we can direct you to someone who is qualified in the field of your concern.
With the purchase of Management Rights it is essential to have a Legal Due Diligence and a Financial Due Diligence.
I have carried out several hundred financial due diligence. As a general principle I track the income derived by the manager from their trust account to their banking and to their profit and loss for the period covered by the sales contract. I also produce an estimate of the profit and loss and the cash flow for the next twelve months based on the current rent roll and the current executed Form 20a.
I also check the current Form 20a to determine that they have been executed properly as well as being assignable to the new purchaser.