We prepare and lodge Income Tax Returns for all individuals. Many individuals have different sources of income and deductions from various investments and we can help you ensure that all taxation deductions and entitlements are claimed against this income to maximise your refund. We also attend to Business Tax Returns of all structures ranging from Sole Traders, Partnerships, Companies, Trusts and Superannuation Funds.
We will attend to the preparation of financial accounts for all business structures including Sole Traders, Partnerships, Companies, Trusts and Superannuation Funds on an annual or interim basis, depending on your needs. A properly prepared set of financial accounts with Balance Sheet and Profit & Loss Statement provides vital information about the trading of the business and is used to assess a business’ overall worth. These figures are often referred to when the business needs to borrow for investment or looking for a potential sale.
Since the introduction of GST, quarterly reporting of a business’ trading activities via a Business Activity Statement (BAS) has become an important part of running a business. We can help you prepare and lodge your BAS and have a variety of different options to assist you in this process as your business grows.
Many businesses today trade as a Proprietary Limited company and with this comes various dealings with the Australian Securities and Investments Commission (ASIC). Most companies will have an annual review with ASIC and are also required to advise them of any changes to Directors, Shareholders, Registered Office Address changes to name a few. We are a registered agent with ASIC and can take care of all the necessary reporting and lodgements with ASIC.
There are a number of different options for a business to record its trading activities. We can help guide you as which system will best suit your needs. We offer a variety of these bookkeeping services all of which are tailored to you specific needs and requirements. We can help you to install/implement an economical and easy-to-use accounting system for your business or we can take the hassle out of the bookkeeping process for you and take care of it for you using our in house bookkeeping systems.