The sports and entertainment sector in Australia is a dynamic industry that encompasses a wide range of activities, from professional sports and major events to live performances and media production. This sector is characterized by its seasonal fluctuations, diverse revenue streams, and complex financial arrangements. Managing finances in this sector involves dealing with sponsorships, ticket sales, royalties, and event management costs, all while ensuring compliance with various industry regulations.

Advanced Tax provides specialized accounting services to the sports and entertainment sector, addressing its unique financial needs. We offer sponsorship and revenue tracking solutions to manage and maximize income from various sources, including sponsorship deals and ticket sales. Our event cost management helps in budgeting and financial planning for events, ensuring profitability and efficient use of resources. We also handle royalty and licensing agreements, ensuring accurate accounting and compliance. Additionally, our tax planning and compliance services navigate the complexities of industry regulations and optimize tax positions. With Advanced Tax, sports and entertainment professionals can focus on their core activities while we manage their financial complexities.

• Business expansion consulting
• Planning and structuring of business taxes
• Budgeting, profit forecasting, and cash flow forecasting
• Services related to compliance (income tax returns, BAS, financial statements, and fringe benefits tax)
• Bookkeeping and accounting services that are outsourced
• Reports from management
• Corporate administration (statutory recordkeeping, ASIC compliance)
• Business secretarial services
• Assurance, audit, and tax advice
• Finance and loans
• Estate preparation
• Planning for succession and exitTop of Form