We provide following Tax services –
- Individual Tax Returns
- Tax returns for rental properties
- Late & Multi Year Tax Returns
- Capital Gains Tax Returns
- Sole Traders and Partnership Tax Returns
- Sub-Contractor Tax Returns
- Business Activity Statements (BAS)
- SMSF Returns
- Trust Tax Returns
- Company Tax Returns
- Amendment for previous year Tax Returns
- Preparation of Business Plans.
- Preparation of Cash Flow Forecasts and Profit Projections.
- Start-Up Business Advice
- Advice and Assistance with your Tax Registrations including ABN, TFN, GST etc.
Call us on 0449 952 855 or 1300 869 829 to book an appointment for lodgment of your tax return. You can also get in touch with us by emailing us at email@example.com.
Why Does Your Business Need an Accountant?
Small-to-medium enterprises and large business rely on their accountants when it comes to accounting-related tasks. These professionals function in auditing the financial statements of the company.
Generally, accountants assist a business with lodging timely tax returns and business activity statements. They review the accounting systems to ensure accuracy. They also make necessary improvements based on the summary of data that they generate. Doing so allows the company officials to have a transparent outlook on their economic landscape as well as understand the changes in the market trends.
Individual Tax Returns
As defined by the Australian Taxation Office, each is responsible for filing an individual tax return covering each financial year, whether they are single or married, and even with or without dependents. The financial year starts from 1st of July and ends on the 30th of June of the following year.
Just like individuals, companies are also required to file tax returns. The accountants play an important role during this season because they are responsible for preparing the tax statements for audits.
Tax Planning, Maximization, and Business Success
The accountants serve as a liaison with the Australian Taxation Office. They can identify the areas where clients and business partners can reduce taxes, increase profit, or if they can file a claim. They are involved in the tax planning, preparation of the tax return, as well as calculation of the value of the Fringe Benefits Tax paid by the employers to their employees.
Due to these critical roles played by accountants, they can protect a company’s assets and profits. Their advice is essential in every board reporting to the company officials can make a plan to prevent a financial problem from growing. The board members will be made aware if something needs adjustment to cope up with the company loss.