Taxation Solutions
Year End Compliance
The end of the financial year can be incredibly stressful, ensuring you comply with all the regulations. So why not let us take care of it for you. We can assist with pay as you go (PAYG) withholding, fringe benefits tax (FBT), goods and services tax (GST), superannuation requirements, business activity statements (BAS), profit and loss reports and many other services related to end of year compliance.
Business Activity Statements
If you are a business registered for GST, then you need to lodge a business activity statement to the ATO to report on the taxes received and paid by your business. We can help you to submit your BAS correctly and on time.
Your GST reporting cycle will be one of the following:
- Quarterly – if your GST turnover is less than $20 million – and we have not told you that you must report monthly.
- Monthly – if your GST turnover is $20 million or more.
- Annually – if you are voluntarily registered for GST - your GST turnover is under $75,000 ($150,000 for not-for-profit bodies).
For more information about BAS requirements visit the ATO website below.
Due dates for paying your BAS
Innovative Tax Planning
Review your figures regularly through the year to make your hard-earned profits work for you in the way you plan, as if you leave it to the last minute the Tax Man will definitely get a bigger piece of the pie.
Complex Taxation Advice
There is always something cropping up for the unexpected, so make the most of our services, enter into a monthly payment plan to have us on tap for all those extra tax questions when they arise.
Self-Managed Superfund
Did your financial planner suggest a self-managed super fund, or have you decided this is the best option for you?
We can help you with the setup of the fund along with the ongoing management and arranging Audits to comply with the extremely strict governing rules.
To find out more about self-managed super funds visit the website below.
https://moneysmart.gov.au/how-super-works/self-managed-super-funds-smsf
Book an Appointment
Book your free no-obligation consultation and find out how we can help your business!