Let’s make sure that your business is making sufficient profit to achieve your goals. As small business tax & accounting specialists, we help you to make money. Not to grow for the sake of size and revenue alone but to focus on profit and your lifestyle. That’s why you decided to be your own boss in the first place.
Our services are categorised according to the basic lifecycle of a business:
Business structure set up
Assistance with any finance requirements
Registrations with Australian Taxation Office (ATO) & Australian Securities and Investment Commission (ASIC)
Business/Instalment Activity Statements (BAS & IAS)
Pty Ltd Company and Trust Tax Returns
Fringe Benefits Tax (FBT) Returns
Goods & Services Tax (GST) issues
State Taxes – Payroll Tax, Transfer Duty, Land Tax
Monthly or Quarterly Financial reporting
Budgets & Cash Flow Forecasts
Funding approval assistance
Performance improvement strategies
Pricing strategies and profitability scenario analysis
Business acquisition and due diligence
Lease and contract review
Sale of Business
Transferring business ownership
Minimise the effect of CGT (Capital Gains Tax) using the Small Business CGT Concessions
Provide for and protect loved ones with Estate Planning
Expertise. The biggest difference between us and other Australian small business accounting firms is our expertise. Not only do you deal directly with senior or partner level accountants, your financial statements and tax returns are prepared by senior or partner level accountants.
Unlike most Australian small business accounting firms, we refuse to employ graduate, junior or even intermediate accountants. Why? We are serious about minimising tax to the highest level. It’s simply not possible for inexperienced accountants to fully understand the intricacies of the Australian tax system. It takes many years to properly understand, let alone master, Australian tax.
Tax is like a game of chess. There are many changing variables to consider. Even one decision can make a huge difference.
Serious about minimising your small business tax?
CONTACT» us now for a free consultation.
FINANCIAL ACCOUNTING FOR SMALL BUSINESS
Financial accounts fall into two main categories: internal and external accounts. What’s the difference?
Internal accounts are a necessity for most businesses or associations so that financial progress can be examined and acted upon. ‘Jobs accounting’ or cost accounting is a valuable tool for management to pinpoint jobs that are not profitable. Cash flow analysis accounts are a very useful tool for monitoring cashflows.
External accounts are for shareholders and other interested parties including those offering financial services. They are necessary for companies listed on the stock exchange and those required by statute to prepare financial statements. These accountants follow a standard format that is now dictated by worldwide accounting standards.
Benefit from our Financial Accounting services
Internal and external financial reporting
Financial Performance Profit and Loss Statement
Statement of Financial Position Balance sheet
Cash flow statements and accounting advice
Development and maintenance of financial ledger and accounting systems
Maintenance of fixed asset register
COMPANY SECRETARIAL ACCOUNTING FOR SMALL BUSINESSES
Company legislation requires businesses to perform many administration tasks which take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out about trying to ensure you are complying with the Corporations Law.
The penalties for failing to keep up with changing rules are too great a risk to take. We relieve this burden for you through the following services
Share allotments and transfers
Appointment and resignation of directors
Registration of business name, PAYG and GST
Formation of new companies and trusts
Company searches, registration and constitutions
Electronic lodgement of company changes and change of address
Application for Australian Business Number and Tax File Number
Annual ASIC company statements and minutes preparation
TAX PLANNING FOR SMALL BUSINESS
Did you know that small businesses with an annual turnover of less than $2 million may qualify for a range of tax concessions, such as CGT exemptions or reductions?
Tax Planning allows you to be informed in advance of all your upcoming tax liabilities, discuss any access to concessions, and ways to offset the cost of buying business assets.
Planning is preferable to a mad scramble at tax time, so book a consultation today.