Taxation Services

Financial Statements & Tax Returns

We connect with your accounting software provider and seamlessly work through your financial records to prepare the relevant financial statements and tax returns in compliance with the various ATO and ASIC requirements.

We will meet with you annually, quarterly or monthly as you require. We provide a tax planning service wherein we analyse the most effective taxation outcome for your circumstance. We also offer budgeting, forecasting and business analysis services.

Our team will liaise with the ATO on your behalf to discuss complex taxation issues, request lodgement extensions, setup tax payment plans, request tax penalty remissions, request remissions interest charges, and more.

We work with you, your finance officer and/or bookkeeper to prepare, review and lodge the various reporting obligations your business may have. These include Business Activity Statements (BAS), Instalment Activity Statements (IAS), PAYG payment summary statement, one touch payroll (OTP), Taxable Payments Annual Report (TPAR) reporting and more.

Business & Taxation advice

We are able to assist with the setup of new business structures, from basic sole trader operations to large scale operations. If you are in need of a business restructure we also provide guidance and help for you throughout this process.

We can organise the setup of Companies, Trusts, Self Managed Super Funds (SMSF) and Not For Profit entities. These can be setup for operating a business, holdings assets, trading investments, fund raising, separating risks throughout your business, preparing for external investment and more.

We are also able to apply for an ABNs and are able to register your business for GST, PAYG and FTC should you require this service.

Specialist taxation

When buying and selling assets and investments there are various Capital Gains Tax Obligations (CGT) you need to be aware of. Our team will go through your records and review any CGT events that may have occurred and deal with them accordingly. We will also provide advice in relation to future CGT implications for transactions you may be planning to ensure you are maximising your best outcome.

We can provide specialised assistance to navigate through the complex Fringe Benefits Tax (FBT) obligations of your business to ensure you avoid exposure.

Division 7A is an important area to ensure you have competent advice, if loan money across your business structure incorrectly you may be forced to repay this money and may incur income tax penalties in the form of lost franking credits subsequently increasing your tax payable.