ABN Registration and Update
It is legal requirement to have Australian Business Number registration to run the business in Australia. Based on volume and nature of business, there is additional registration requirement (such as GST registration, PAYG withholding registration, Wine Equalization Tax, Luxury Car Tax, and Fringe Benefits Tax) to comply with the taxation legislation. We offer all kinds of registrations and update services to all kinds of enterprises.
BAS And Income Tax Lodgement
Activity Statement lodgement is a periodic reporting requirement to the Australian Taxation Office. It includes Goods and Service Tax, PAYG Withholding, PAYG Installment, Wine Equalization Tax, Fridge Benefit Tax and Luxury Car Tax. For details of reporting and payment due date click to Link (www.ato.gov.au).
Income Tax Return is an annual report for taxable income. All individuals ( Except for certain conditions) and Enterprise are liable to declare their taxable income till 31 October each year. As a Tax Agent, we can request the ATO for an extension if our client is having certain circumstances. We run a paperless office where client files are stored on the cloud and e-signature is used for convenience.
BAS and Income Tax Lodgement services are available to Individuals and all entities ( Partnership, Trust and Company).
Bookkeeping
Bookkeeping and Payroll Package:-
We offer multiple Bookkeeping packages to cover all sizes of enterprises. We are a professional partner with popular cloud-based accounting software such as Xero, QuickBooks, and reckon.
Note:
# Accounting and receipt capture software subscription fees will be paid by the client.
# If the software is subscribed by us – fees will be added monthly on a fair-go basis.
# ASIC Agent service fee $110 inc GST – charge annually.
# Work Cover registration and reconciliation service fees $110 inc GST – charge annually.
# Annual Tax Return fee will be charged separately. Fees depend on the adjustment required.
Financial Statement Preparation
Financial statement depicts the financial outcomes of the business. We prepare both general purpose and special purpose financial statement as per your requirement. We serve a special purpose financial statement to our client unless specified by the clients.
To cater your business needs we will provide you finance report and statements semi-annually and annually. We provide our company with a specific purpose financial statement, as stated by the clients.
GST & Tax Advice And Audit Assistance
We offer GST & Tax advice to manage both your personal and your business tax issues. We help you to understand your GST and Tax obligations. We also runs rescue services (audit assistance) in case of GST and/or Tax audit by Australian Taxation Office. Please book an appointment for more details.
We‘re helping you comprehend your GST and tax commitments. We also operate rescue services (audit assistance) in the case of GST and/or tax audits by the Australian Taxation Office. Please schedule a meeting for more information.
Online Income Tax Return – Individual
We offer user-friendly online income tax return for individuals. Submitted information will be accessed by the registered tax agent and prepared income tax return in compliance with applicable tax legislation. You will get a call or text from us in your preferred time if we need further information to maximize your refund. Tax return shall be prepared and emailed to you for e-signature. A tax invoice will be sent by email where you can pay by credit card or transfer fund to a specified bank account. We are committed to finalist online tax return within 24 hours.
Sales Of Business Documentation
We take care winding up of business such as registration and preparation of sales of business documentation (Form 2). The Form 2 is a statutory form required to be served when a business of less than $300,000 is sold in South Australia. It must be complied from the business records and if not served then the sales of business contract can be avoided. The form must be certified by an accountant and delivered to the purchaser.
Please submit client engagement form to provide details of business and book an appointment so we can help you to ease the process of business to be sold. Selling a business is no more tough task when you are already with our team. We will guide you step by step and facilitate the process of selling so you can have peace of mind.
