Indirect Tax Solutions Pty Ltd

Indirect Tax Solutions Pty Ltd is an Australian firm that specializes in recovering missed tax credits, particularly in Goods and Services Tax (GST) and fuel tax, enhancing businesses’ financial performance through expert consulting. Indirect Tax Solutions Pty Ltd focuses on assisting businesses with tax credit recovery. Established in Sydney, Australia, the company facilitates claims related to tax credits for clients across the Asia-Pacific region. In November 2020, it was acquired by Ryan, LLC, a portfolio company of Onex, with financial terms undisclosed.

The company's founder has a history in the tax consultancy sector, enhancing its credibility in indirect tax solutions. Indirect Tax Solutions specializes in helping businesses recover missed tax credits, particularly related to Goods and Services Tax (GST) and fuel tax. The company leverages its extensive ‘Big 4’ indirect tax experience to provide tailored support for smaller businesses and their accountants, aiming to enhance their financial performance through immediate cash refunds. The primary service offering revolves around identifying eligibility for these tax credits and facilitating the claims process to ensure clients secure their entitlements within applicable time limits.

The company's client base includes small to medium-sized enterprises across various industries in the Asia-Pacific region, allowing them to navigate complex tax regulations effectively and optimize their cash flow through tax recovery. The revenue structure of Indirect Tax Solutions is built around service fees associated with tax credit recovery. Clients typically engage the company on a contingency basis, meaning that the firm is compensated based on the amount recovered through successful claims. This transaction structure fosters a results-oriented approach, aligning the firm's success directly with that of its clients.

Services are designed to be accessible, with pricing models reflecting the complexity of the claims and the potential amount recovered. The company caters primarily to businesses seeking to enhance their cash flow through missed tax credit recovery, positioning its offerings as essential for maintaining financial health in a competitive landscape. Looking ahead, Indirect Tax Solutions aims to expand its service offerings by developing new products specifically designed for enhanced tax recovery solutions, with anticipated launches in 2023. The firm is targeting the Southeast Asian market for expansion by 2025, leveraging its existing experience in the Asia-Pacific region.

The recent acquisition by Ryan, LLC in November 2020 positions Indirect Tax Solutions to utilize additional resources and expertise to support its growth initiatives.