Indirect Tax Lawyers

Our GST advisory services cover a range of issues, including GST implications of mergers and acquisitions, GST disputes with the ATO, and indirect tax issues arising from international trade. Additionally, we can offer advice on how the GST should be applied to cutting-edge technology like blockchain and virtual currencies.

Businesses of all sizes may find it difficult to navigate the complicated and ever-changing Goods and Services Tax (GST) regulations. Our team of indirect tax lawyers offers knowledgeable GST consultation services to businesses to help them understand and comply by the GST laws while also maximising their GST position.

Our GST advisory services include:

GST advice: We can provide advice on a range of GST-related issues, including the application of GST to specific transactions, the GST implications of business restructuring or expansion, and the GST treatment of complex transactions such as property development or financial services. To make sure that our guidance is correct and timely, we keep up with the most recent GST legislation and judgements.

GST risk management: We can help you manage your GST risks by identifying areas of potential exposure and implementing strategies to minimize the risks. This can entail an evaluation of your GST compliance procedures, the identification of risky or non-compliant locations, and the formulation of improvement recommendations.

Indirect tax technologies: The implementation of indirect tax technologies can help businesses streamline their tax compliance processes, reduce errors, and increase efficiency. However, the deployment of these technologies can be complex and require specialized knowledge and expertise. Our team of indirect tax lawyers can help you with every aspect of deploying indirect tax technologies, from selecting the right technology solution to implementing it effectively. 

GST strategy development: We can work with you to develop a comprehensive GST strategy that aligns with your business objectives and takes into account your specific circumstances. This may involve identifying opportunities to optimize your GST position, managing your GST risks, and ensuring compliance with the relevant legislation.

GST training and education: We can provide GST training and education to your staff, helping them to understand the GST legislation and their obligations under it. This can entail offering specialised training courses or workshops in addition to continuing support and guidance.

A tax risk governance framework is an essential part of any business's tax strategy. These frameworks assist companies in effectively identifying, evaluating, and managing tax risks, assuring adherence to tax laws and reducing the risk of tax-related problems. A tax risk governance framework typically includes policies, procedures, and controls that are designed to manage tax risks. We can help you create or update a strong framework that is tailored to your company's requirements.

An effective tax risk governance framework includes:

Tax risk management policies and procedures: These define the responsibilities of key stakeholders and provide guidance on how tax risks should be managed.

Tax risk assessments: These identify potential tax risks and evaluate the likelihood and impact of each risk.

Tax control processes: These are implemented to manage identified tax risks and ensure compliance with tax regulations.

Monitoring and reporting processes: These provide ongoing oversight of the tax risk management framework and identify any changes that may impact tax risks.

At Nexis Legal, we have extensive experience in advising businesses on tax risk governance frameworks. Our team of experts can work with you to assess your business's tax risks, develop policies and procedures to manage those risks, and implement tax control processes to ensure compliance with tax regulations. We can also provide ongoing monitoring and reporting to ensure that your tax risk governance framework remains effective and up to date with any changes in tax regulations or business operations.

If you are involved in a GST dispute with the Australian Taxation Office (ATO), we can provide representation and advocacy services. Our team has extensive experience in dispute resolution processes, including negotiation, mediation, and litigation.

Our services in this area include:

A comprehensive review of your situation: We will work with you to understand your situation, identify the issues in dispute, and assess your options for resolving the matter. This may involve a review of relevant documentation, such as contracts, invoices, and correspondence with the ATO.

Negotiation with the ATO: We will engage with the ATO on your behalf to negotiate a resolution to the dispute. This may involve providing additional information or evidence, making submissions on your behalf, or participating in alternative dispute resolution processes such as mediation.

Litigation: If negotiation with the ATO is not successful, we can provide representation in litigation proceedings. This may involve filing an objection or appeal, preparing and filing court documents, and representing you in court.

Strategic advice: We will provide strategic advice throughout the dispute resolution process to help you achieve the best possible outcome. This may include advice on the strengths and weaknesses of your position, the risks and benefits of different options, and the potential costs and timeframes involved.

Complying with the Goods and Services Tax (GST) legislation can be a complex and time-consuming task, with significant penalties for non-compliance. Our team of indirect tax lawyers can assist you in meeting your GST obligations and ensuring that your business is compliant with the relevant legislation.

GST registration: We can assist you in registering for GST and obtaining an Australian Business Number (ABN) if you are required to do so. This may involve advising you on whether you need to register, helping you complete the registration process, and liaising with the Australian Taxation Office (ATO) on your behalf.

GST lodgment: We can help you prepare and lodge your Business Activity Statements (BAS) and other GST-related forms with the ATO. This may involve assisting you in calculating your GST liability, identifying GST credits and refunds, and ensuring that your lodgments are accurate and timely.

Record-keeping: We can provide guidance on the record-keeping requirements for GST, including what records you need to keep, how long you need to keep them for, and how to ensure that they are accurate and complete. We can also provide advice on how to maintain your records in a way that is efficient and compliant with the relevant legislation.

GST optimization: We can assist you in optimizing your GST position by identifying opportunities to reduce your GST liabilities and increase your GST credits. This may involve reviewing your business operations, identifying GST-exempt or GST-free supplies, and ensuring that you are claiming all available GST credits.

Compliance reviews: We can conduct a review of your GST compliance processes to identify any areas of non-compliance or risk, and provide recommendations for improvement. This may involve reviewing your GST calculations, assessing the adequacy of your record-keeping, and identifying any GST-related issues that may arise from your business operations.