Australian Taxation and Accounting Solution

OUR SERVICES

COMPANY TAXATION

At Australian Taxation & Accounting Solutions, we offer a full range of taxation services based on proven knowledge and experience. Our proactive approach ensures we deliver a consistent service and build solid long lasting relationships.
Taxation can be a major cost to your company. We will work in partnership with you to minimize your tax and help you achieve your key objectives.

Our team will work through your business structure to come up with solutions that are tax effective and help in identifying areas that can help you reduce your taxes significantly.

1. Company Tax returns and Bookkeeping
2. Preparation of activity statements and advice on payment of tax
3. GST/FBT obligations
4. Advice on and implementation of tax effective trust structures for asset protection and tax minimisation
5. Management of any ATO Audits or disputes

We provide a complete service of help and advice in all of the following areas:

PERSONAL TAX SERVICES

We can help you prepare and lodge your annual tax returns so we can get you the biggest return with the maximum allowable deductions, minimise the penalties for late tax return lodgement, negotiate with ATO and put the tax in place to boost your investment income.We can lodge your return online and minimise the time it takes to obtain your refund.

Please note: There is NO October 31 deadline when you lodge with us every year on time.

BOOK KEEPING SERVICES

Managing your books of business incorrectly can hurt your business in the long run. By outsourcing your business bookkeeping operations gives you more time for the betterment of the company. Our team can set up onsite or offsite accounting software such as QUICKBOOKS, MYOB or XERO, train your staff to use accounting applications, preparing and lodge BAS, process payroll and other Bookkeeping services tailored to meet small business requirements.

SELF-MANAGED SUPER FUNDS

A Self Managed Superannuation Fund (SMSF) is a way of saving for your retirement where you are responsible for managing the fund and making the investment decisions. Before you decide to set up an SMSF you should seek professional advice to work out if this type of fund is right for you. Self-managed funds are highly regulated and trustees must be aware of their obligations.We can help you with all ongoing administrative and compliance work and also initial setup of your own SMSF.

BUSINESS ADVICE AND PLANNING

We can help you start up and register your business entities. It is important to remember to seek our advice on the range of business entities on offer that will best suit your needs depending on your personal circumstances and future goals. Each entity has different implications and accounting methodology that is required at the end of each year. Some allow for greater flexibility than others in terms of the distributions of funds to trustees and beneficiaries.

We can advise you in establishing smart business structures for tax minimisation and asset protection, tax planning advice, Financial management advice, Bookkeeping solutions and Cash flow planning advice. We can register these entities on your behalf to make sure you set up structures that protect assets and minimise tax implications.

TRUSTS

A trust provides a valuable way of protecting the assets you have accumulated for the benefit of others.

We have extensive experience to advice you on Trust formation, ensuring that all statutory requirements are met.

We are able to:

1. Prepare and carry out all the vital documentation involved in Trust formation
2. Attend to the special requirements involved in reporting for Trusts
3. Trust administration
   1. Bookkeeping service
   2. Annual accounts
   3. Taxation
   4. Asset management
   5. Income distribution

See one of our advisors to know more about how such entities can benefit you this financial year.