Company compliance accounts

We assists in your record keeping procedures and compliance with the Australian Taxation Office requirements. For example, record keeping for payroll, record keeping for BAS, fringe benefit tax, superannuation, filing of documents, payment of invoices, and sales recording.

We could also help clients who are setting up a new business to prepare their cash flow projections, budgeting, salary packaging, business structures. At the end of the financial year, all accounts are finalised and we will electronically lodge company tax return.

Partnership

We also prepare partnership accounts and advise on compliance with the Australian Taxation office. We will look at your business and advise you with the best possible business strategy for tax minimization at maximum partners benefit.

Trust

Trust are set up for asset protection and maximum benefit to beneficiaries. They are particularly helpful to family members who are planning a steady income stream for family members and also a safe guard to hand down assets for future generations.

Super fund

It is becoming increasingly popular to manage your own superannuation instead of letting another company or institution manage your future retirement benefits. You would have noticed that many managed super funds are losing money and as a result of this many now prefer to manage their own investments with the help of financial planners.

We prepare compliance accounts for self managed super funds, arrange for audits to be conducted and lodge returns annually.

Individual Tax Return

As you are aware, this a yearly exercise and the quicker your tax returns are lodged, the quicker would be your tax refunds. All our tax returns are electronically lodged and the turn around time is about 2 to 3 weeks.

Bookkeeping services

We provide bookkeeping service using MYOB/Quicken/Handisoft and take it through to completion i.e. prepare final compliance accounts and lodge your tax returns with ATO. Some clients do not have the time nor do they want to employ a full time person to handle this task. Our booking service cover every area of your administration function. Examples: Payroll, BAS, monthly Profit & Loss and Balance Sheet reporting, motor vehicle charge out expenses, etc

Secretarial Functions

Many company directors who do not have the time or the experience can use our secretarial service to assist them with minutes and any lodgment to meet ASIC requirements.

BAS Preparation

BAS preparation is now a major administrative function with all business in Australia. There are penalties for late lodgment. Companies and entities are constantly being audited by the ATO. The GST legislative changes are a nightmare for most people to follow. Not all items have GST and not all invoices show a 10% GST. We take this burden off your hands if you think it is too much for you to manage the monthly, quarterly or yearly BAS returns.

Non-profit organisation

There are many not for profit organisation e.g. churches, helps ministries like World Vision, Compassion Australia that exist for the purpose of providing care or help to the needy. We prepare accounts and have them audited for submission to Department of Fair Trading and other members of their respective organizations.

Other Accounting & Tax services

We can also assist in other ad hoc accounting or tax services e.g. if you are planning to get into negative gear for one or more properties as an individual or as a couple, investigative study on possible business venture, cash flow study on project, financial reports to establish bank loans etc. Call us if you need our assistance in any area of accounting and tax that you may need help in.

Other associated services

We can recommend you to licensed brokers who could assist you with the following services: