Founded in 2006, Hampshire Property Group was one of the first land lease community operators in the country.
Today, the business has grown to include more than 70 land lease communities, holidays parks and mixed-use caravan parks across Australia and New Zealand.
Across their growing property portfolio, Hampshire Property Groups’ commitment to residents, guests and employees remains the same: to be a leader in unique lifestyle communities and holiday experiences for today and tomorrow.
We spoke to Head of Tax, Tony Marsden, about Hampshire Property Groups’ journey and the instrumental role Nexia has played in their success.
Hampshire Property Group is a family-owned, Australian business that operates a growing portfolio of over 50s land lease communities, holidays parks and mixed-use caravan parks.
Having built its reputation and footprint throughout Australia, the company has recently expanded internationally, acquiring multiple holiday parks in New Zealand.
This expansion was an exciting moment in Hampshire Property Group’s almost 20-year history and Tony Marsden was tasked with making sure the business had a tax efficient structure to manage the growth.
“As we grew bigger and more complex, so too did our finances – particularly with our locations now across two countries. Ensuring we remained tax compliant was critical, so we decided to seek some expert advise and trusted guidance,” Tony said.
“Having done our due diligence and spoken to colleagues in other businesses that had managed similar issues, we connected with Nexia. Michael and Rory from their Canberra tax team were fantastic, taking time to understanding of our business – not just the financials, but our ethos and what we do.”
Nexia has provided Hampshire Property Group advice on various areas, including income tax consolidation, guiding them through the entire process and ensuring that the Group is always operating within the rules of taxation.
“Our relationship’s grown since that initial engagement three years ago. We now utilise Nexia for their expertise and guidance on other areas such as GST and, more recently, the new thin capitalisation rules,” said Tony.
“For our CFO, our Finance Director and myself, it’s been reassuring to know we have Nexia in our corner providing sound and reliable technical advice. They’ve absolutely been a pivotal player in our continued growth.”
