Paul Masters

Having spent nine years with Deloitte as a partner, Paul left Deloitte Australia in 2014 as Tax Leader for Deloitte Private and the National Leader of Clients & Markets. He was also the National Leader of the Recruitment Industry Group. Paul retired from the partnership as one of the most senior Deloitte Private partners in Sydney in order to establish Sovereign Private.
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Corporate Finance – Recruitment and Staffing Businesses

Paul assists business owners sell their businesses. This includes assistance with nomalisation of historical results, producing long term forecasts and getting exit ready. Sovereign Private prepares the flyers, information memorandums, finding a strategic buyer, due diligence support, pricing negotiations, completion accounting, and assistance with sale agreement negotiations. 

Buyers are generally sourced internationally using a network of connections in global company's corporate development and M&A teams. Sovereign has also teamed up with international buy-side advisers that assist in regions where English is not the predominant language.

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Tax & Reporting – Recruitment and Staffing Businesses

Paul assists planning structures to ensure objectives of the business are aligned to the tax strategy. This includes providing tax advice on restructuring, advice on the repatriation of profits to shareholders and advice on employee share and option plans. Paul provides tax planning strategies focusing on the past, present and future.

Sovereign Private’s holistic approach to tax strategy, divestment solutions, tax compliance, restructures, capital gains tax and financial reporting means that they are a one stop shop for business operations in Australia or internationally.

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Tax & Reporting - Ultra High Net Worth Individuals/Families and their businesses

Whether a family’s wealth has been created through a business, a business divestment or a family legacy, Paul advises on the implementation of tax planning strategies for present and future generations. Paul is an expert in assisting structuring clients affairs to ensure the overall business/personal objectives of the individual/family are aligned to their tax strategy.