MGS Private Pty Limited (MGS Private) has been providing advice to accountants, lawyers, barristers, developers, hoteliers and high wealth individuals for more than 2 decades. The proprietor, Christopher Batten, has been in practice since 1998.
Chris has been a member of the Tax Institute since 21 August 1996 and was admitted as a Chartered Tax Advisor on 1 July 2012.
MGS Private provides a range of bespoke solutions in relation to Federal and State Revenue matters with an emphasis on trust law, state tax law and restructures of property and businesses.
MGS Private specialises in the following areas:
- Corporate consolidations/reconstructions for property developers and landowners,
- Moving property to new structures without duty, income tax or GST,
- Small business restructures,
- Establishment of tax effective structures for developers, hoteliers and small to large business entities,
- Establishment of Private Ancillary Funds and Disability Trusts,
- Property development structures based on income tax, duty outcomes and moving retained stock to a separate entity from the developer and builder,
- Advising on developments and the ATO's Long Term Construction Contracts,
- ATO disputes and complex audits including those by SNC and Behaviours of Concern,
- Revenue NSW land tax, duty and payroll tax disputes, audits, objections and appeals,
- Trust advice including extending the vesting day, income of the trust estate v net income for tax purposes, amendments for streaming and estate planning,
- Advice on creating a Succession Trust and amending an existing trust to contain succession features,
- Moving property in Western Australia without duty,
- Moving property between trusts in Queensland without duty,
- Federal income tax advice particularly in relation to Division 7A, Debt forgiveness, Value Shifting, trust cloning and asset protection.
- Advice on the application of trust law and tax law to situations involving trusts.
MGS Private does not accept direct briefs from taxpayers and requires that an accountant or lawyer provide the instructions.
For information and details about briefing MGS Private please call.