Today’s organisations are operating in an increasingly complex regulatory environment. The pressures to provide transparency of your financial and tax positions – to both government bodies and consumers – continues to be a growing area of focus for business leaders.

Poor data quality and disparate systems can be a serious threat to the accuracy of your reporting obligations. It can lead to inconsistent payment practices, incorrect reporting and non-compliance across a range of regulatory obligations that may trigger an audit.

In the right hands, the large amounts of data your organisation intakes and stores can be a powerful asset.

How we help

Grant Thornton's data transformation and analytics team works with clients to deliver robust data solutions to complex business problems. Our team is able to work with high-volume and unstructured data from multiple sources to deliver insights on key risk factors and cash flow opportunities for your business as well as transparency of complex calculations in the course of an audit.

We have invested in a range of innovative and automated technologies to efficiently handle your most sensitive information. This is underpinned by a team of experts skilled in the translation of this data in the context of a wide range of compliance needs.

As part of a full-service tax and accounting firm – nationally and internationally – we can draw on specialist expertise to ensure you have access to a complete and comprehensive team.

Our work of providing actionable insights to our clients via an integrated service delivery team includes:

  • Risk & compliance analytics: to identify if a company has a problem or a risk of non-compliance against a specific standard
  • Rectification and recalculation services: when an issue or problem has been identified, we can quantify it over historical years to get a full picture of amounts that need to be rectified
  • Remediation services: insights and trends on risk issues identified and explanations of issue root causes
  • Analytics to generate insights on areas of tax recovery and savings
  • Data transformation to satisfy external reporting requirements.

Our services

Tax governance & risk management

We work with you to establish or strengthen your tax governance and tax risk management framework and policies to manage tax risks.

Payroll consulting & Award compliance

Many organisations are grappling with a myriad of employee agreements and obligations, resulting in a wide variety of payments to their people.

Tax governance & risk management

We work with you to establish or strengthen your tax governance and tax risk management framework and policies to manage tax risks.

Payroll consulting & Award compliance

Many organisations are grappling with a myriad of employee agreements and obligations, resulting in a wide variety of payments to their people.

Troy Wilson
Get in touch
Troy Wilson
Partner
Contact Troy Wilson Learn more about Troy Wilson
Troy Wilson
Contact Troy Wilson Learn more about Troy Wilson
Troy Wilson
Partner
Troy Wilson
+61 2 8297 2774

Related content

View more
ATO tightens country-by-country reporting exemptions: what you need to know
Client Alert ATO tightens country-by-country reporting exemptions: what you need to know
The ATO has tightened exemption criteria for country-by-country reporting, effective January 1, 2024. Taxpayers will need to submit more information, aligning with the ATO's focus on international tax risks and local file reporting.
Jason Casas
Christine Cornish
Keith To
| 5 min read | 19 Dec 2024
ATO announces significant changes to local file requirements
Client Alert ATO announces significant changes to local file requirements
The ATO has increased local file reporting requirements to better understand international tax risks. These changes apply from 1 January 2025, for periods starting on or after 1 January 2024. CbCREs will need more time and resources to comply.
Jason Casas
Christine Cornish
Keith To
| 5 min read | 19 Dec 2024
Using data-driven insights to drive customer loyalty
Insights Using data-driven insights to drive customer loyalty
Customer expectations are quickly evolving. Unless your business can create a unique value proposition and strong connections with its customers, your relationship with your most important stakeholders is at risk. With demands for personalisation at its core, retailers are no longer encouraged but expected to build a connected consumer experience to support the customer journey and drive loyalty. How can retailers manage this demand for accessibility of products, information, and customer services via their platform of choice, as well as drive brand loyalty in a highly competitive marketplace?
Dhun Karai
Dhun Karai
| 4 min read | 03 May 2023
    View more

    Tax Agents Disclosures

    The Tax Practitioners Board maintains a register of tax agents and BAS agents. You can access and search this register here. This register includes details of the registration (and conditions if applicable) of Grant Thornton and our individual registered tax agents with whom you engage.

    Your engagement letter with Grant Thornton and the Standard Terms and Conditions set out our procedures for dealing with problems or complaints. The Tax Practitioners Board also has a complaints process in relation to tax agent services as outlined on their website which can be accessed here. 

    Tax agents have obligations to the Tax Practitioners Board and to their clients.  You also have obligations under the taxation laws and to your tax agent.  Please refer to these obligations on the TPB website or the TPB’s fact sheet "Information for Clients".

    Section 45 of the Tax Agent Services (Code of Professional Conduct) requires Grant Thornton to notify you if it becomes aware of certain events which have occurred in the past 5 years. Grant Thornton is not aware of any such events.