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Do you need a Senior Tax Expert Opinion?

Nuwaru has been enhancing its capability to provide Senior Tax Expert Opinions as a service to address the complex tax issues of our clients. 

We receive many requests for tax experts with broad professional experience and life skills to support or resolve complex tax matters for organisations or for a professional firm’s own clients. Quite often, tax areas are involved which require specialised skills, deep subject matter expertise and a strategic approach. 

Nuwaru has been purposely designed to provide clients with affordable access to the most experienced and capable tax professionals, whilst reinventing the delivery of tax services. We have assembled a team of highly qualified tax professionals from many antecedent Tier 1 firms and organisations providing a diversity of views and approaches to solving tax problems.

Tier 1 quality and insight

With our unwavering focus on Tier 1 quality and insight and drawing on acumen, honed over many years practicing in the profession and in businesses, our tax experts are keen to share their knowledge to benefit clients. Confidentiality, prudence and trust are of the utmost importance.

Senior Tax Experts augmenting the needs of accounting and law firms and inhouse teams

We are on-call to augment and contribute to the needs of our clients. We support many accounting, law and other professional firms with expert or second opinions on complex tax matters for their clients, seamlessly working as part of their teams.  Similarly, we work with inhouse tax and finance teams in the corporate sector.

Senior Tax Expert Opinions to support Litigation and Disputes

We are also asked to provide tax expert opinions to support law firms and their clients in litigation and disputes where tax plays a role. These may involve insurance, commercial or family disputes, and do not directly involve the ATO, but require tax aspects to be understood in a broader context.  Our experts are called upon to attend mediation or appear in Tribunals and Courts to present and explain their opinions and respond to cross-examination.

Independent Senior Tax Expert opinions and soundings for Boards and Senior Management

Our Senior Tax Expert capability suits Boards and senior management, who need independent tax expertise, second opinions and soundings, often at a senior strategic level, to understand and resolve complex tax matters.

Full-service tax firm capability

We are a full-service tax firm and cover the broad spectrum of taxes including income tax, stamp duty, GST, employee taxes, transfer pricing and international taxes.  In many instances, sub-categories of tax areas come into question, such as employee shares schemes, franking credits, capital gains tax or trust taxation, which require specialist knowledge and experience beyond many generalist tax advisers.

Nuwaru focus on the user experience of clients to deliver value

Nuwaru has a systematic approach to making it easy for our clients to align the scope and budgets, receive instructions and deliver our opinions in a suitable format; the user experience for our clients is everything and we pride ourselves on seamlessly delivering value.

The key is to know where to look and identifying the right fit. Please don’t hesitate to reach out to us at Nuwaru to arrange an introduction with one of our tax experts suitable for your needs.

Rod Henderson | Partner

rod.henderson@nuwaru.com | +61 412 250 784

Watch now: CPD Webinar – Tax Considerations in M&A Transactions.

Nuwaru and Groves & Partners are pleased to present “Tax Considerations in M&A Transactions”. The webinar centres around the current M&A landscape and the tax considerations when buying or selling a business, and is hosted by Nuwaru co-founder and CFO David Early alongside Stephen Groves, managing director of Groves & Partners.

What’s covered:

  • M&A deal structuring landscape
  • Managing tax risk in M&A transactions
  • Tax considerations when selling a business (including tax planning – sole traders/trusts and companies, GST and CGT)
  • Tax considerations when buying a business (share/asset sale, due diligence, depreciable asset base, carry-forward tax losses, trading stock and debtors, state taxes and stamp duty, consolidations, capital/entity structuring)

Click the video below to watch!

You can also view and download the slide deck below:

Nuwaru selected as finalist for 2022 Australian Accounting Awards ‘fast growing firm of the year’

‘Nuwaru has been short-listed for the Australian Accounting Awards 2022. 
 
The Australian Accounting Awards is the premier event in showcasing the depth of talent in the nation’s accounting professionals and businesses, recognising their success and their passion for the sector. 
 
The finalist list, which was announced on Tuesday, 26 April, features over 290 high-achieving professionals across 34 submission-based categories. 
 
Reaching the finalists stage is regarded as an incredible achievement across the Australian accounting industry, showcasing the depth of dedication and commitment each individual and business brings to advancing the industry.
 
Accountants Daily editor Philip King said: “The Accountants Daily Australian Accounting Awards night is renowned as the premier event each year when the profession recognises and celebrates those right at the top of their game.
 
“This year it is especially poignant as the first face-to-face awards night since the onset of COVID. It offers the whole industry a chance to come together and mark its exceptional contributions to the national wellbeing through the trials of the pandemic and testing natural disasters.
 
“Under such difficult circumstances, to be shortlisted from among the hundreds of high-quality entries is a mark of high achievement, one that echoes throughout the profession.”
 
James Jobson, CEO at Nuwaru, said that he was humbled to be recognised and proud to be named as a finalist in the Australian Accounting Awards 2022.’

MNE Tax: David Early discusses reforms to LIBOR and other inter-bank office rates

Our very own David Early recently wrote an article for MNE Tax, discussing important tax consequences resulting from reforms to LIBOR and other inter-bank offer rates.

‘So first and foremost, if you have any loan agreements that reference LIBOR, or Euribor or other ibor, you need to update the agreement urgently (if you haven’t already). It is then a matter of how it is updated (ie is it just an amendment, or a rescission and new agreement) that will determine the tax consequences.’ – David Early

Click here to check out the article.

Nuwaru’s Craig Richardson talks The Corporate Client Journey

At our offices, Tank Stream Labs (TSL) run peer to peer learning sessions. Recently, Partner Craig Richardson shared his experience with the community in discussing the best way to market professional services to corporate clients, the critical success factors in landing a corporate client, obstacles professional services firms face in the market and how best to interact with a corporate client for a sustained relationship in growing together.

Check out the video below. 

Scale-Up Series featuring Nuwaru x Airwallex

Welcome to our Scale-Up video and webinar series hosted by Nuwaru and Airwallex. Check out the videos and webinar below where our tax experts talk about all things scale-ups, internal growth and global expansion!

Introduction

Our first introductory video will take you through what to expect throughout the series, from key tax considerations when transitioning from start-up to scale-up, to retaining your best people and finally ensuring effective structuring for significant growth in Australia and offshore expansion.

Click below to watch. Enjoy!

Transitioning from Start-Up to Scale-Up | Presented by James Jobson

Welcome to our first presentation for the Scale-Up Series hosted by Nuwaru and Airwallex. In this video, Nuwaru CEO James Jobson will discuss the structural tax considerations and benefits when transitioning from a start-up to a scale-up.

You’re Only As Good As Your Team: Employee Share Schemes & Taxes | Presented by David Early

Our second presentation by Nuwaru’s co-founder and CFO David Early discusses all things employees: from choosing the right employee share scheme to identifying possible tax traps when implementing them.

Up next: Raising Capital and Structuring for Sale or IPO with Peter Chiswell

Welcome to our third video presented by Nuwaru co-founder Peter Chiswell. In this video, Peter discusses raising capital and structuring for sale or IPO. How to get the debt and equity mix right? What are the tax considerations of structuring for sale or IPO?

Live webinar featuring Nuwaru x Airwallex

And finally, our webinar! Click below to watch our Nuwaru and Airwallex experts discuss the important tax implications for internal growth, restructuring and global expansion!

Nuwaru advises Vulcan on IPO

Nuwaru congratulate Vulcan Steel Limited on its successful initial public offering and listing on the ASX, with a foreign exempt listing on the NZX, on 4 November.

Nuwaru is delighted to have assisted Vulcan in relation to the listing, providing both Australian and New Zealand tax advice. Corporate and M&A Tax Partner, Sam Lo Ricco, led the Nuwaru team supported by Angela Melick (Stamp duty), Leslie Prescott-Haar (Transfer pricing), Peter Chiswell (Corporate tax) and Patrick Hunt (GST).

Founded in 1995, Vulcan processes and distributes steel products, including carbon steel, stainless steel and engineering steel. The company has 29 operating sites across New Zealand and Australia, providing a strategic link in the steel value chain between producers, traders and end-users.

About Nuwaru

Nuwaru provides a full suite of tax services blended with a unique and industry leading combination of commercial experience and acumen to help identity, manage and resolve tax risks.
In short, we do tax better, focused on building a partnership with our clients where we strive to be a valued part of their team and at a price point and value that is without comparison.
We have built our firm on our unique mix of experience seamlessly blending ex-Big 4 partners with former Tax Directors and Heads of Tax to provide a differentiated service that prioritises both technical expertise and commercial acumen packaged in a manner that our clients clearly understand, want and need.

Contact

Sam Lo Ricco – Partner 
e-mail – sam.loricco@nuwaru.com
mobile – +61 400 520 382

M&A Solutions

A fresh approach

To generate and protect value in an acquisition, disposal, IPO, or other restructuring, it is important to focus on the execution of the transaction to ensure that efficient capital, financing and operating models are established for the future of the business.

Nuwaru can help guide you through the tax aspects of every step of an M&A transaction, from inception to implementation. We have experienced professionals who have worked inside large organisations, whether global financial institutions, blue chip industrials or top-end professional services firms. We know how to deliver pragmatic M&A tax and transaction solutions that navigate the increasingly complex and regulated taxation environment while meeting the specific commercial drivers of your deal.

Nuwaru works with corporates, private equity funds, fund managers, individuals, and family offices. We collaborate closely with our colleagues and with external advisers in the M&A deals space to help you navigate an efficient, “no surprises”, value creative path that delivers the desired commercial and tax outcomes of your deal.

Our Team

The Nuwaru team of Sam Lo Ricco, Peter Chiswell and James Jobson have deep experience advising on the tax aspects of listings, capital raisings, corporate reorganisations and the acquisition and divestment of shares and assets, each from the perspective of professional advisors and from leading internal tax teams at significant global organisations. What’s more, our team includes Angela Melick, one of the foremost stamp duty specialists in Australia and Patrick Hunt, a GST industry leader.

Angela has extensive expertise, Australia-wide, in all aspects of transactions. Patrick has been advising clients since the implementation of the GST and draws on all of that experience to reach the best GST outcomes. Indirect tax affects almost all M&A transactions in a variety of ways, yet far too often it is raised at the last minute and can cause major headaches, sometimes at a stage when the changes needed to resolve the issues are no longer an option. Our team engages Angela, Patrick and other relevant Nuwaru experts at the outset, so specialist advice is delivered when it’s needed.

Download our M&A Capability Statement to see how Nuwaru can help you

Nuwaru’s William Xu promoted to Tax Manager

The team at Nuwaru would like to congratulate William Xu on his recent promotion to tax manager! 

William started at Nuwaru as a tax consultant over two and half years ago. During his time at Nuwaru, William has grown his technical knowledge, commercial experience and enhanced his professional qualifications (including now becoming a CTA) to become an extremely valued tax advisor for both Nuwaru and our clients. William has taken to becoming a mentor in the business and proudly leads a team of tax consultants.

Whilst we will continue to encourage his bubbly personality, he has carved out a pivotal role in the Nuwaru family and we look forward to further encouraging his growth, ensuring he continues to take a leading role in expansion and development of the firm for years to come.

Please join us in congratulating William on his promotion!