Stuck with a traditional accountant with expensive fees and need to switch accountants?
As a business tax accountant we leverage new accounting strategies such as cloud accounting and a database of over 200 tax strategies in order to reduce costs and increase value for our clients. Our philosophy is saving time so that businesses can fulfil their core purposes. See our tax accounting packages which include annual financial statements, business tax lodgments, ATO BAS lodgement and an annual accounting check.
A Tax accountant from the last century isn't enough and can be damaging for your business iF you want to grow
Is your tax accountant working for or against you? If your tax accountant is taking too long to respond and you still have to travel to their office for every small thing and they only care about meeting compliance and provide you with documentation when you ask it's because they haven't updated their skill set nor have they embraced changes in today's constantly changing and growing accounting world.
We can help change that:
Our business tax accountants have successfully worked with many small businesses and startup's transition to cloud accounting and automate TAX, BAS & ATO Reporting where your business can now leverage one business system that does it all so you integrate all your accounting, bookkeeping and ATO reporting in a streamlined manner and help you save more time, money and eliminate paperwork so you can focus on the things that are more important for you!
We can do the same for you!
Why Invest in our Proactive tax accounting
Investing with a proactive tax accountant ensures you meet all your ATO obligations efficiently and avoids your business from facing any unwanted penalties and closure. Below are the reasons why you want to invest with our tax accountants:
Your ATO compliance we will handle
Tax returns cover the financial year from 1 July to 30 June.
Our registered tax agent & tax accountants will prepare and lodge your tax return for individuals, business startups, companies through company tax returns, sole trader tax returns, partnership tax returns, trust tax returns and not for profit tax returns.
Registered tax agents are the only people allowed to charge a fee to prepare and lodge your tax return.
If you can't pay on time, we can help you with an ATO payment plan.
You still need to lodge your activity statements and tax returns on time, even if you can't pay by the due date. You'll avoid a penalty for failing to lodge on time and show us that you're aware of your obligations and doing your best to meet them.
We will work to help you with your tax debt negotiation.
Completing your BAS is an essential component that needs to be completed quarterly and/or annually and for complete accuracy speak to your accounting expert on how to do so.
If you're registered for GST you need to lodge your Business Activity Statements (BAS) monthly, quarterly or annually.
If you are a business registered for GST you need to lodge a business activity statement (BAS).
Your BAS will help you report and pay your:
- goods and services tax (GST)
- pay as you go (PAYG) instalments
- PAYG withholding tax
- other taxes.
When you register for an Australian business number (ABN) and GST we will automatically send you a BAS when it is time to lodge. Our expert tax accountants will help you with managing the ATO lodgement process to meet your ATO obligation for: Goods and Services Tax (GST), Pay as you go (PAYG) income tax instalment, Pay as you go (PAYG) tax withheld, Fringe Benefits Tax (FBT) instalment, Luxury Car Tax (LCT), Fuel Tax Credits, Instalment Notices for GST and PAYG Instalments.
Single Touch Payroll is a change to the way you report your employees' tax and super information to us.
Using cloud accounting software that offers STP, you can send employees' tax and super information to ATO each time they run their payroll and pay your employees. The information is sent to ATO either directly from the software, or through a third party – such as a sending service provider.
A super clearing house allows you to make a single online payment for superannuation contributions to all employees’ super funds.
After registering the superannuation preferences of your employees with the clearing house, you simply login each payment cycle and make a single electronic transfer to the clearing house. The clearing house then distributes the required payments to all your employees’ super funds on your behalf.
Not only does it save you time but it also minimises the risk of payment errors.
You need to reconcile your payroll systems and provide your employees with end of the year PAYG summaries. This also needs to be lodged to the ATO by 14 August.
Talk to your accountant if you're over the threshold for payroll tax. If you are over the current threshold ensure you attain help to overcome this.
Payroll tax is a state and territory tax on the wages you pay as an employer. It's calculated on the amount of wages you pay each month and payable in the state or territory of Australia where the services were performed.
Wages liable for payroll tax include:
- Employee wages
- Contractor payments
- Directors' remuneration
- Fringe benefits
- Bonuses and commissions
- Termination payments
Review all your insurance policies especially workers compensation, check if all your employees are covered and make sure you have the right level of cover so that you are compliant in case of any unexpected dilemmas.
Make sure you are compliant with employee superannuation obligation and using the super clearing house to report all superannuation to ATO.
If you are providing your employees with non-income benefits you may have to lodge FBT returns, check with your accountant which benefits are exempt and which ones you need to lodge.
Review the salaries of all your staff members and ensure that they are in line with the relevant awards and any other statutory requirements.