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accounting & taxation Accommodation & Tourism Industry Specialists creating wealth | managing wealth | enjoying wealth Accounting & taxation advice Business structuring advice Cash flow forecasts Financial due diligence reports Sale of business statements Holmans...It’s our people who give you the edge

Accommodation & Tourism Industry Specialists

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The Holmans team of experienced Accommodation & Tourism Industry Specialists are here to assist you from the moment you are considering acquiring a motel, hotel, caravan park or other accommodation sector business, right through to the successful sale of your business and into your retirement years.

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Page 1: Accommodation & Tourism Industry Specialists

What our clients say

Contact us

accounting & taxation

Accommodation & Tourism Industry Specialists

creating wealth | managing wealth | enjoying wealth

Accounting & taxation adviceBusiness structuring advice

Cash flow forecastsFinancial due diligence reports

Sale of business statements

Holmans...It’s our people who give you the edge

“The team at Pevy Lawyers is proud to have worked closely with Tony, Robynne and the experienced team at Holmans over several years. Their dedication to keeping abreast of the latest market trends and the strength of their industry contacts combine to ensure their advice is both cutting edge and of extreme commercial value to our mutual clients.

Whether new to the industry or a seasoned operator, Holmans provide an advisory and due diligence service second to none. They deserve their hard won reputation as the forefront specialist accountancy provider to the tourism and hospitality sector. We have no hesitation in recommending them.”

Trent Pevy, Director Pevy Lawyers

“We had tried other accountants but we always seemed to have our hands in out pockets paying fees and taxes. The change to Holmans was seamless and all the staff are friendly and experts in their field.

We have saved money since joining Holmans and we even received a tax refund – the first for many years. We can highly recommend Holmans for all accounting services, whether business or personal or just seeking some friendly advice.”

Chris & Patricia O’Brien Best Western Seachange Coolum Beach

“Holmans were highly recommended to us to assist in the purchase of our motel in Armidale, NSW. From the outset we received invaluable advice as to how best to structure our affairs in a tax effective manner for the acquisition of the motel. The personal and friendly service was of great comfort to us as first time buyers in the accommodation sector, with Tony Rossiter and his wonderful team being there for us every step of the way. Their comprehensive and insightful Financial Due Diligence Report gave our bank the confidence to provide us with the funding we required to acquire the motel, and provided us with a sound financial business plan to operate the motel to the best of our abilities after settlement.

Since taking over the operation of our motel, Holmans have continued to support us as our trusted accountants, taxation specialists and business advisors – we certainly know we are in good hands and feel very fortunate to have them working for us to ensure our financial success.”

John & Denise Wilks Best Western Cotswold Gardens Motel, Armidale

Brisbane P 07 3041 1311Gold Coast P 07 5677 0522Sunshine Coast P 07 5430 7600

E [email protected]

www.holmans.com.au

“Holmans are true professionals in the industry, always prepared to go the extra mile – providing outstanding service, value for money and constantly giving back to the industry, as well as setting benchmarks for competitors to follow.

If you are after up-to-date factually supported information, and seek to maximise your personal and business positions – both now and into the future through the accommodation industry – Holmans are the professionals for you. Holmans offer outstanding national support, are at the cutting edge of the accommodation industry and ensure that you – the client – receive the direct financial benefit of their extensive knowledge and comprehensive services.

Tourism Brokers are proud to recommend and be associated with the Holmans team.”

Michael Philpott, Director Tourism Brokers

Industry professional testimonials

Page 2: Accommodation & Tourism Industry Specialists

Recently we advised a new client who made a capital gain on the sale of their accommodation industry business in excess of $1 million. They had received advice from their long standing general accountant that the gain would attract a CGT liability of $250,000.

After careful consideration of the relevant legislation and applying

the small business CGT concessions, we determined that the CGT liability could legally be reduced to less than $50,000.

The moral of the story … choose your advisors carefully, saving a few dollars today in professional fees may be very costly in the future.

Our servicesWho we are

Minimising your tax liability

Tony RossiterDirector, Holmans

The Holmans team of experienced Accommodation & Tourism Industry Specialists are here to assist you from the moment you are considering acquiring a motel, hotel, caravan park or other accommodation sector business, right through to the successful sale of your business and into your retirement years.

Over the last 20 years the accommodation industry has matured, thereby bringing with it greater expectations of its advisors. With extensive knowledge and expertise in the Accommodation & Tourism Industry, Holmans will work closely with you at the outset to ensure you have the correct business structure in place – whether it be a Trust, Company or Partnership – to enable you to legally minimise your personal and business taxation obligations and reduce any inevitable Capital Gains Tax implications upon the sale of your business.

Holmans are highly respected and recognised in the Accommodation & Tourism Industry, providing comprehensive advice and personalised service to give you peace of mind.

Some of the key services we provide to assist you include:

Purchasing

Asset protection & business structuring adviceBusiness plans & cash flow forecastsFinancial due diligence reportsForensic accounting & business analysisSettlement procedures & checklists

Operating

Accounting, taxation, GST & FBT adviceCorporate secretarial & ASIC servicesPersonal & risk insurance servicesSuperannuation & investment adviceTax planning strategies

Selling

CGT concessions & roll-over reliefExit planning & strategiesRetirement planningSale of business statements

•••••

•••••

••••

“Holmans Accountants have long been regarded as industry experts in the Management Rights industry. They provide due diligence and verification services that are highly regarded by operators, lenders and valuers. In recent years they have taken the disciplines required within the management rights acquisition process and applied them to the motel industry. The result has been a process and reporting protocol which, in my view, is without peer in the motel industry.

Holmans provide a service to my clients which encompasses a physical site inspection, interrogation of financial records, industry benchmarking, cash flow forecasting and overall analysis of the motel operation. Their reports are relied upon by the major banks and a number of niche lenders as well as the valuers instructed by those lenders.

I have no hesitation in commending Holmans services to any party currently operating or intending to enter the motel sector.”

Mike Phipps, Managing Director Mike Phipps Finance

“Having worked closely with the team at Holmans on many transactions pertaining to the sale and purchase of hotels, motels, pubs, caravan parks and management rights businesses, in particular Tony Rossiter and Robynne Clements, we have first hand knowledge of the exemplary quality of their work and the professional and commercial manner in which they operate. In our opinion, Holmans are leaders in the accommodation industry, providing unparalleled accounting, taxation and business advisory services.

We have no hesitation in recommending Holmans Accountants as specialist advisors to the accommodation industry.”

David Burrough, Partner Hillhouse Burrough McKeown Solicitors

Industry professional testimonials

Page 3: Accommodation & Tourism Industry Specialists

Recently we advised a new client who made a capital gain on the sale of their accommodation industry business in excess of $1 million. They had received advice from their long standing general accountant that the gain would attract a CGT liability of $250,000.

After careful consideration of the relevant legislation and applying

the small business CGT concessions, we determined that the CGT liability could legally be reduced to less than $50,000.

The moral of the story … choose your advisors carefully, saving a few dollars today in professional fees may be very costly in the future.

Our servicesWho we are

Minimising your tax liability

Tony RossiterDirector, Holmans

The Holmans team of experienced Accommodation & Tourism Industry Specialists are here to assist you from the moment you are considering acquiring a motel, hotel, caravan park or other accommodation sector business, right through to the successful sale of your business and into your retirement years.

Over the last 20 years the accommodation industry has matured, thereby bringing with it greater expectations of its advisors. With extensive knowledge and expertise in the Accommodation & Tourism Industry, Holmans will work closely with you at the outset to ensure you have the correct business structure in place – whether it be a Trust, Company or Partnership – to enable you to legally minimise your personal and business taxation obligations and reduce any inevitable Capital Gains Tax implications upon the sale of your business.

Holmans are highly respected and recognised in the Accommodation & Tourism Industry, providing comprehensive advice and personalised service to give you peace of mind.

Some of the key services we provide to assist you include:

Purchasing

Asset protection & business structuring adviceBusiness plans & cash flow forecastsFinancial due diligence reportsForensic accounting & business analysisSettlement procedures & checklists

Operating

Accounting, taxation, GST & FBT adviceCorporate secretarial & ASIC servicesPersonal & risk insurance servicesSuperannuation & investment adviceTax planning strategies

Selling

CGT concessions & roll-over reliefExit planning & strategiesRetirement planningSale of business statements

•••••

•••••

••••

“Holmans Accountants have long been regarded as industry experts in the Management Rights industry. They provide due diligence and verification services that are highly regarded by operators, lenders and valuers. In recent years they have taken the disciplines required within the management rights acquisition process and applied them to the motel industry. The result has been a process and reporting protocol which, in my view, is without peer in the motel industry.

Holmans provide a service to my clients which encompasses a physical site inspection, interrogation of financial records, industry benchmarking, cash flow forecasting and overall analysis of the motel operation. Their reports are relied upon by the major banks and a number of niche lenders as well as the valuers instructed by those lenders.

I have no hesitation in commending Holmans services to any party currently operating or intending to enter the motel sector.”

Mike Phipps, Managing Director Mike Phipps Finance

“Having worked closely with the team at Holmans on many transactions pertaining to the sale and purchase of hotels, motels, pubs, caravan parks and management rights businesses, in particular Tony Rossiter and Robynne Clements, we have first hand knowledge of the exemplary quality of their work and the professional and commercial manner in which they operate. In our opinion, Holmans are leaders in the accommodation industry, providing unparalleled accounting, taxation and business advisory services.

We have no hesitation in recommending Holmans Accountants as specialist advisors to the accommodation industry.”

David Burrough, Partner Hillhouse Burrough McKeown Solicitors

Industry professional testimonials

Page 4: Accommodation & Tourism Industry Specialists

Recently we advised a new client who made a capital gain on the sale of their accommodation industry business in excess of $1 million. They had received advice from their long standing general accountant that the gain would attract a CGT liability of $250,000.

After careful consideration of the relevant legislation and applying

the small business CGT concessions, we determined that the CGT liability could legally be reduced to less than $50,000.

The moral of the story … choose your advisors carefully, saving a few dollars today in professional fees may be very costly in the future.

Our servicesWho we are

Minimising your tax liability

Tony RossiterDirector, Holmans

The Holmans team of experienced Accommodation & Tourism Industry Specialists are here to assist you from the moment you are considering acquiring a motel, hotel, caravan park or other accommodation sector business, right through to the successful sale of your business and into your retirement years.

Over the last 20 years the accommodation industry has matured, thereby bringing with it greater expectations of its advisors. With extensive knowledge and expertise in the Accommodation & Tourism Industry, Holmans will work closely with you at the outset to ensure you have the correct business structure in place – whether it be a Trust, Company or Partnership – to enable you to legally minimise your personal and business taxation obligations and reduce any inevitable Capital Gains Tax implications upon the sale of your business.

Holmans are highly respected and recognised in the Accommodation & Tourism Industry, providing comprehensive advice and personalised service to give you peace of mind.

Some of the key services we provide to assist you include:

Purchasing

Asset protection & business structuring adviceBusiness plans & cash flow forecastsFinancial due diligence reportsForensic accounting & business analysisSettlement procedures & checklists

Operating

Accounting, taxation, GST & FBT adviceCorporate secretarial & ASIC servicesPersonal & risk insurance servicesSuperannuation & investment adviceTax planning strategies

Selling

CGT concessions & roll-over reliefExit planning & strategiesRetirement planningSale of business statements

•••••

•••••

••••

“Holmans Accountants have long been regarded as industry experts in the Management Rights industry. They provide due diligence and verification services that are highly regarded by operators, lenders and valuers. In recent years they have taken the disciplines required within the management rights acquisition process and applied them to the motel industry. The result has been a process and reporting protocol which, in my view, is without peer in the motel industry.

Holmans provide a service to my clients which encompasses a physical site inspection, interrogation of financial records, industry benchmarking, cash flow forecasting and overall analysis of the motel operation. Their reports are relied upon by the major banks and a number of niche lenders as well as the valuers instructed by those lenders.

I have no hesitation in commending Holmans services to any party currently operating or intending to enter the motel sector.”

Mike Phipps, Managing Director Mike Phipps Finance

“Having worked closely with the team at Holmans on many transactions pertaining to the sale and purchase of hotels, motels, pubs, caravan parks and management rights businesses, in particular Tony Rossiter and Robynne Clements, we have first hand knowledge of the exemplary quality of their work and the professional and commercial manner in which they operate. In our opinion, Holmans are leaders in the accommodation industry, providing unparalleled accounting, taxation and business advisory services.

We have no hesitation in recommending Holmans Accountants as specialist advisors to the accommodation industry.”

David Burrough, Partner Hillhouse Burrough McKeown Solicitors

Industry professional testimonials

Page 5: Accommodation & Tourism Industry Specialists

What our clients say

Contact us

accounting & taxation

Accommodation & Tourism Industry Specialists

creating wealth | managing wealth | enjoying wealth

Accounting & taxation adviceBusiness structuring advice

Cash flow forecastsFinancial due diligence reports

Sale of business statements

Holmans...It’s our people who give you the edge

“The team at Pevy Lawyers is proud to have worked closely with Tony, Robynne and the experienced team at Holmans over several years. Their dedication to keeping abreast of the latest market trends and the strength of their industry contacts combine to ensure their advice is both cutting edge and of extreme commercial value to our mutual clients.

Whether new to the industry or a seasoned operator, Holmans provide an advisory and due diligence service second to none. They deserve their hard won reputation as the forefront specialist accountancy provider to the tourism and hospitality sector. We have no hesitation in recommending them.”

Trent Pevy, Director Pevy Lawyers

“We had tried other accountants but we always seemed to have our hands in out pockets paying fees and taxes. The change to Holmans was seamless and all the staff are friendly and experts in their field.

We have saved money since joining Holmans and we even received a tax refund – the first for many years. We can highly recommend Holmans for all accounting services, whether business or personal or just seeking some friendly advice.”

Chris & Patricia O’Brien Best Western Seachange Coolum Beach

“Holmans were highly recommended to us to assist in the purchase of our motel in Armidale, NSW. From the outset we received invaluable advice as to how best to structure our affairs in a tax effective manner for the acquisition of the motel. The personal and friendly service was of great comfort to us as first time buyers in the accommodation sector, with Tony Rossiter and his wonderful team being there for us every step of the way. Their comprehensive and insightful Financial Due Diligence Report gave our bank the confidence to provide us with the funding we required to acquire the motel, and provided us with a sound financial business plan to operate the motel to the best of our abilities after settlement.

Since taking over the operation of our motel, Holmans have continued to support us as our trusted accountants, taxation specialists and business advisors – we certainly know we are in good hands and feel very fortunate to have them working for us to ensure our financial success.”

John & Denise Wilks Best Western Cotswold Gardens Motel, Armidale

Brisbane P 07 3041 1311Gold Coast P 07 5677 0522Sunshine Coast P 07 5430 7600

E [email protected]

www.holmans.com.au

“Holmans are true professionals in the industry, always prepared to go the extra mile – providing outstanding service, value for money and constantly giving back to the industry, as well as setting benchmarks for competitors to follow.

If you are after up-to-date factually supported information, and seek to maximise your personal and business positions – both now and into the future through the accommodation industry – Holmans are the professionals for you. Holmans offer outstanding national support, are at the cutting edge of the accommodation industry and ensure that you – the client – receive the direct financial benefit of their extensive knowledge and comprehensive services.

Tourism Brokers are proud to recommend and be associated with the Holmans team.”

Michael Philpott, Director Tourism Brokers

Industry professional testimonials

Page 6: Accommodation & Tourism Industry Specialists

What our clients say

Contact us

accounting & taxation

Accommodation & Tourism Industry Specialists

creating wealth | managing wealth | enjoying wealth

Accounting & taxation adviceBusiness structuring advice

Cash flow forecastsFinancial due diligence reports

Sale of business statements

Holmans...It’s our people who give you the edge

“The team at Pevy Lawyers is proud to have worked closely with Tony, Robynne and the experienced team at Holmans over several years. Their dedication to keeping abreast of the latest market trends and the strength of their industry contacts combine to ensure their advice is both cutting edge and of extreme commercial value to our mutual clients.

Whether new to the industry or a seasoned operator, Holmans provide an advisory and due diligence service second to none. They deserve their hard won reputation as the forefront specialist accountancy provider to the tourism and hospitality sector. We have no hesitation in recommending them.”

Trent Pevy, Director Pevy Lawyers

“We had tried other accountants but we always seemed to have our hands in out pockets paying fees and taxes. The change to Holmans was seamless and all the staff are friendly and experts in their field.

We have saved money since joining Holmans and we even received a tax refund – the first for many years. We can highly recommend Holmans for all accounting services, whether business or personal or just seeking some friendly advice.”

Chris & Patricia O’Brien Best Western Seachange Coolum Beach

“Holmans were highly recommended to us to assist in the purchase of our motel in Armidale, NSW. From the outset we received invaluable advice as to how best to structure our affairs in a tax effective manner for the acquisition of the motel. The personal and friendly service was of great comfort to us as first time buyers in the accommodation sector, with Tony Rossiter and his wonderful team being there for us every step of the way. Their comprehensive and insightful Financial Due Diligence Report gave our bank the confidence to provide us with the funding we required to acquire the motel, and provided us with a sound financial business plan to operate the motel to the best of our abilities after settlement.

Since taking over the operation of our motel, Holmans have continued to support us as our trusted accountants, taxation specialists and business advisors – we certainly know we are in good hands and feel very fortunate to have them working for us to ensure our financial success.”

John & Denise Wilks Best Western Cotswold Gardens Motel, Armidale

Brisbane P 07 3041 1311Gold Coast P 07 5677 0522Sunshine Coast P 07 5430 7600

E [email protected]

www.holmans.com.au

“Holmans are true professionals in the industry, always prepared to go the extra mile – providing outstanding service, value for money and constantly giving back to the industry, as well as setting benchmarks for competitors to follow.

If you are after up-to-date factually supported information, and seek to maximise your personal and business positions – both now and into the future through the accommodation industry – Holmans are the professionals for you. Holmans offer outstanding national support, are at the cutting edge of the accommodation industry and ensure that you – the client – receive the direct financial benefit of their extensive knowledge and comprehensive services.

Tourism Brokers are proud to recommend and be associated with the Holmans team.”

Michael Philpott, Director Tourism Brokers

Industry professional testimonials