Practical tax support to help you stay compliant and manage risk

Staying on top of tax obligations is about more than lodging returns on time. Businesses need confidence that their tax positions are accurate, their governance processes are effective and potentialImage removed.   risks are identified before they become costly issues.

RSM Australia helps businesses manage their tax compliance and risk requirements, from preparing and reviewing tax returns to strengthening tax governance, responding to ATO reviews and identifying areas of potential exposure.

Our tax specialists work with you to meet your obligations, manage risk and make informed decisions in an increasingly complex tax environment.

Tax compliance

We help businesses meet their tax obligations accurately and on time, while providing practical advice when requirements become more complex.

Our tax compliance services include:

  • - Income tax return preparation and review
  • - Fringe benefits tax (FBT) return preparation and review
  • - Payroll tax advice and return preparation
  • - Superannuation guarantee advice
  • - Deferred tax calculations and tax notes for financial statements
  • - Transfer pricing documentation and benchmarking
  • - Coordination of global tax compliance requirements
  • - Secondment of tax professionals to support in-house finance teams
  • - Representation during ATO audits, reviews and negotiations

The existing compliance page has most of these services already, so this section can retain the strongest elements rather than rewriting everything from scratch.

Tax risk management

Effective tax risk management can help businesses identify potential exposures, strengthen governance and respond confidently to ATO scrutiny.

Our specialists can assist with:

  • - Tax governance frameworks and tax policies
    - Tax risk registers
    - Tax procedure and process documentation
    - Tax control gap analysis
    - Tax control testing
    - Tax health checks and prudential reviews
    - Reasonably arguable position papers
    - ATO private rulings and other tax rulings
    - Tax audit and review support
    - Objections to unfavourable tax assessments
    - Advice to boards and directors on tax risks

This incorporates the useful material from the existing tax risk management pag

Who needs tax compliance and risk management support?

Tax compliance requirements vary depending on your business structure, industry, size and activities. As your business grows or becomes more complex, so too can the potential tax risks you need to manage.

RSM works with:

  • Private and family-owned businesses
  • Large and mid-market businesses
  • Australian subsidiaries of international groups
  • Multinational businesses
  • Listed companies
  • Not-for-profit organisations
  • Businesses undergoing significant transactions or structural changes
  • Organisations subject to ATO reviews or audits

Why choose RSM?

Practical, commercial advice – We provide clear tax advice that considers your business, industry and broader commercial objectives.

Deep tax expertise – Our specialists have experience across tax compliance, risk management and a broad range of Australian tax matters.

Proactive risk management – We help identify potential tax risks and strengthen processes and controls before issues arise.

Integrated support – Our tax teams work across different areas of tax, helping you address related issues through a coordinated approach.

National and global capability – Our Australian teams are supported by RSM’s international network when your tax requirements cross borders.

 

FAQs about tax compliance and risk management

Meeting tax obligations accurately and on time can help businesses avoid penalties, interest and unnecessary disputes with tax authorities. Good compliance processes can also give businesses greater confidence in their tax position.

An ATO review may examine particular transactions, tax positions or areas of your business. RSM can help you understand the scope of the review, prepare the required information and communicate with the ATO throughout the process.

A tax health check or review of your tax governance, processes and controls can help identify potential areas of exposure. This can include reviewing how tax obligations are managed, documented and monitored.

A tax governance framework sets out how tax decisions, responsibilities, processes and controls are managed within an organisation. It can help businesses establish a consistent approach to managing tax obligations and risk.

 

Yes. RSM can represent businesses during tax audits and reviews, assist with negotiations and settlements, and prepare objections to unfavourable tax assessments.

Looking for help with your tax compliance and risk management?

Whether you need ongoing compliance support, assistance with an ATO review or advice on strengthening your tax governance, our team can help.

Key contacts:

National Head of Tax Services
Division
Partner, Tax Technical
Division

Other tax services: