Tax & Accounting: Business

Taxation law is complex. In particular, the GST system places considerable emphasis on compliance and lodgement deadlines. To keep abreast of the latest legislative developments our professional staff undertake extensive professional development to ensure that both our individual and business clients receive quality advice.

A significant part of our strategy is to provide clients with timely and accurate advice on tax matters including legitimate tax minimisation strategies. We offer a personal approach to tax and are able to provide expert consulting advice as well as meet your compliance requirements.

We are not just about compliance. We are quite different to a traditional accounting firm that simply offers accounting and taxation compliance services. Our mission is to help you grow your profits and your wealth and that requires a pro-active approach. We have a reputation as an innovative accounting and advisory firm who deliver personal, timely and quality advice together with cost effective strategies and solutions.

We have the experience and expertise to help business owners in the areas that often make the difference between just surviving and potentially thriving including an extensive range of consulting services.

We use and recommend Xero Accounting Software to our business clients. Click here to see how this could benefit your business​.

Benchmarking

Have you ever wondered how your business performs compared to your competitors? What is their average bottom line? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high?

Surviving in today’s business climate requires you to spend more time working on your business than in it.

We can provide you with accurate, timely, informative benchmarking reports that enable you to:
  • See how your business compares to your competitors
  • Understand more about how the rest of your industry works
  • Analyse the key performance indicators in your industry

Equipped with this information, we’ll work with you to develop action strategies that improve your bottom line.

Bookkeeping/Accounting

Modern business requires up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your bookkeeping and accounting needs, including preparation of your annual accounts and periodic management accounts for tax, business appraisal, and planning purposes.

We will discuss your requirements with you and provide information relevant to your particular situation, as well as constructive advice, on a regular basis.

Budgeting

A good budget is a necessity in a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.

In addition to goal-setting value, budgets will often improve your chances of acquiring funding.

Financiers often require budgets as a prerequisite for funding approval.

Plant growing out of coins in hand

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.

Let us show you how a budget can provide feedback that helps you prepare for the future of your business!

Cash Flow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all your expenses every month?

Surviving in today’s business climate requires you to spend more time working on your business than in it.

Cash cow image
We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:
  • Realise and understand when cash is available
  • Plan and prepare for expansion, stock control, and taxes
  • Analyse and anticipate key expenses

Equipped with this information, we’ll work with you to develop action strategies that improve your bottom line.

Management Consulting

Our aim is to ensure your business achieves the potential it is capable of. We have the know-how and experience to offer advice that helps you run your business more effectively.
  • We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. We can identify key performance indicators in your business, through which you will see positive changes occurring with the help of our professional consultants.
  • We check that your business is as competitive, focused, and profitable as it can be, then offer flexible strategies, designed to address the issues affecting your business.
  • Let us give your business a health check! Take the practical advice we can provide to ensure the ongoing success of your venture.

Taxation

Australian Tax Law is very complex and constantly changing. There is also considerable emphasis on compliance and lodgment deadlines. We undertake constant training to stay up with new developments and we offer clients a comprehensive taxation service to assist both business owners and individuals with their compliance obligations.

We like to provide clients with timely and accurate advice on tax matters including legitimate tax minimisation strategies.

Our range of accounting and taxation services include:
  • Income Tax – BAS, IAS, PAYG
  • Goods and Services Tax (GST)
  • Capital Gains Tax (CGT)
  • Fringe Benefits Tax (FBT)
  • Salary Packaging
  • Managing and Preparing for Taxation Audits
  • WorkCover
  • Payroll Tax
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