Second Opinion Tax Review for Australian Business Owners
We provide Australian business owners with an independent second opinion tax review of their tax returns, accounting structure, compliance, and financial position. Our experienced second opinion accountants conduct a detailed business tax review to identify missed deductions, outdated structures, and potential compliance risks with the Australian Taxation Office (ATO).
What is a “Second Opinion Tax Review”?
A Second opinion tax review is an independent review conducted by an experienced accountant to assess your current tax position, financial structures, and compliance.
The independent tax review goal is to identify missed opportunities, outdated structures, or potential tax risks before they become costly.
The Second opinion review typically examines
previously lodged tax returns
company or trust structures
deductions and tax planning strategies
ATO compliance risks
Am I Paying Too Much Tax?
Independent Tax Review Provides Confidence Through Clarity
Many business owners feel uncertain about the advice they receive — especially when their tax or structure feels more expensive or less optimal than it should be.
An Independent tax review accountant eliminates doubt by providing a fresh, expert review of your accounting, tax, and compliance position

Many Business Owners Assume Everything Is Working Correctly — Until We Review Their Setup
Haven’t reviewed their structure in years.
Assume their tax strategy is optimal.
Rely solely on compliance-based advice.
Have never had their work independently reviewed.
What Our Second Opinion Tax Review Often Reveals
During our independent tax review, we regualrly identify issues that business owners and their accountants may have overlooked.
Missed deductions.
Outdated company or trust structures
Division 7A risks
GST treatment issues
Inefficient profit extraction strategies
ATO exposure risks
What Our Second Opinion Review Covers for Businesses
Our second opinion accountant review goes beyond basic compliance. We conduct a structured business tax review to analyse your financial structure, tax planning strategies, and previous tax returns.
Tax Position – Review of income allocation, deductions, and compliance exposure
Business Structure – Company, trust, partnership efficiency and risk
Profit Extraction – Dividends, wages, trust distributions, Division 7A implications
Compliance Risk – ATO risk areas, documentation gaps, historic decisions
Forward Tax Planning – Whether proactive tax planning is actually occurring
How It Works

Book Free Initial Consultation
We understand your structure, business model, and current setup.

Document Review
We review your business financial statements, company or tax structure, and previously lodged tax returns to conduct a comprehensive independent tax review.
This review will help identify whether your business requires a tax structure review or improvements to your current tax strategy

Findings Meeting
You receive a clear summary of:
Risks identified,
- Opportunities available
Structural recommendations
Whether change is needed
Not Sure If Your Tax Strategy Is Working?
Get an Independent Second opinion from an Experienced Accountant
Many Australian business owners request a second opinion tax review when they want reassurance that their accounting, tax structure, and compliance strategy are correct.
Our RA Advisory’s experienced second opinion accountants provide an independent business tax review to identify missed deductions, outdated structures, and potential ATO risks, which will help your business to move forward with clarity and confidence.
Why a Second Opinion Can Be Critical
Most tax issues do not arise from fraud. They arise from:
Assumptions
Legacy structures
Informal advice
Historical decisions never revisited
The ATO does not assess intent. It assesses compliance. A second review identifies blind spots before they become costly.

Book a FREE consultation now!
Simply enter your details to book your free 15 or 30-minute phone consultation at a time that suits you.
Unsure If Everything Is Being Done Correctly? A second opinion tax return provides clarity.
What our Client Say About us
Our customers rate us with a 100% rating

We’ll keep your business moving with real-time reporting:
We believe that knowing your accounting information in real-time throughout the year is essential to your business’ success. We can help you regularly review your accounting reports and provide proactive advice rather than just delivering the after-the-event end of year financial reporting.
The best part about our business accounting and tax service is that we work with YOUR accounting system.
We are a team of Certified Business Accounting & Taxation Experts
We are a XERO silver partner, so with us you’ll get expert help with the leading accounting software. Xero reduces office admin and makes all your financials more simple and efficient.

Download Your Free 20 Page Guide
10 Must Do Steps For A Financially Secure Future
Frequently Asked Questions About Second Opinion Tax Reviews
A second opinion tax review is an independent assessment of your tax returns, accounting structure, and compliance to identify errors, missed deductions, or tax-saving opportunities.
A second opinion uncovers opportunities you may have missed and confirms whether your current setup is optimal.
Yes. Our Accountants at RA Advisory can review previously lodged tax returns to identify errors or opportunities and recommend amendments if required.
Many businesses review their structure every 2–3 years or after major events such as growth, restructuring, or asset purchases.
We work with your tax returns, financials, structure documents, and any ATO correspondence.
For individuals, the ways to minimise tax can be split into two categories:
1. Reduce your tax assessable income.
The most common way people do this is with salary sacrificing arrangements. If your employer allows salary sacrificing, you can use this to make additional contributions to super, pay for car or other expenses with your pre-tax income. This reduces your taxable income.
2. Increase your deductions.
The main way people do this is with work related deductions. If you can argue a nexus between your employed work and an expense you incur, you can usually claim a deduction for it. For example, you can keep a log book for work related travel and claim this expense.
Donations to registered charities are also fully deductible.
Individual tax rates are marginal and they increase dependant on the level of income you receive as a wage. The individual tax rates can be found on the ATO website.
Company tax rates have just been revised by the federal government in the 2017/2018 budget. Companies with less than $10 million in turnover will be considered a small business entity and will be eligible for a 28.5 per cent tax rate in the 2017 income tax year, and a reduced rate of 27.5 per cent in the 2018 income tax year and beyond. These rates go into more detail at the ATO website.
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