Business Taxation and Accounting
We take the time to get to know you and your business so you get the best advice. We specialise in providing highly personalised, expert services so you get the most from your time with us and ensure your tax obligations are covered.
Income tax advice.
Our services include, but are not limited to;
- Preparation and lodgement of income tax returns.
- Practical advice on how the laws will apply to your business.
- Tax planning strategies. It is critical you have the right advice at the right time to legally minimise your taxation obligations.
Keeping you updated.
Taxation laws are always changing and keeping abreast of changes and adapting your business is critical to your success.
Setup and review of your business structure.
With any business structure, it’s important you can:
- Protect your personal and business assets.
- Legally minimise your income tax.
- Accommodate business growth.
- Plan for your exit strategy.
- Easily implement a succession plan.
- Let us help you determine the right structure for you with our comprehensive assessment criteria.
Goods and Services Tax advice (GST).
Our services include, but are not limited to;
- Preparation and lodgement of Business Activity Statements (BAS).
- Practical advice on how the laws will apply to your business.
- Assistance with the registration process and ensuring the right options are chosen for your business.
- Assisting you to budget for the burden of BAS payment obligations.
Fringe Benefits Tax (FBT).
Our services include, but are not limited to;
- Preparation and lodgement of your annual FBT return.
- Practical advice on how the laws will apply to your business in the most tax effective way.
- Practical advice on how to implement employee salary sacrifice arrangements.
Financial Statement preparation and analysis.
We will work with our clients to produce uncomplicated financial statements that are presented in a meaningful and concise manner. This enables results and trends to be identified and reported quickly.
Preparation of financial reports for Large Pty Ltd companies.
Companies limited by guarantee, not for profit organisations and reporting entities.
There is no avoiding the fact that the application of the Corporations Act 2001 and Australian Accounting Standards to your business is complicated. We have the skills and expertise to ensure the process goes smoothly and without distress.
Accounting and bookkeeping software.
For new business owners the prospect of using accounting software for the first time can be daunting.
Our services include but are not limited to;
- Advice with choosing the right software for your business needs.
- Assistance with the setup of your data file.
- Advice on how to utilise the latest cloud technology.
- Training in the use of your accounting software.
- Short term bookkeeping services.
- Referral network of trusted bookkeepers for long term services.
Guidance with an ATO Audit.
The ATO are increasing their audit activities every year. Should you be unfortunate to be subjected to an ATO audit, rest assured we will guide and assist you through the entire process.
Budgeting, cash flow and business performance.
Historical data provided in financial statements is only part of measuring your business performance. We assist in developing greater performance measures giving you meaningful information as it comes to hand. Our services include but are not limited to;
- Assistance with budget preparation including monitoring predicted results against actual performance.
- Preparation of cash flow statements to determine liquidity and assist in future planning.
- Develop key performance indicators (KPI’s) for your business that give you measurable and meaningful answers.