Taxation
With the increasing complexity of tax regulations and the individual tax return form, it is highly recommended that this task be assigned to a professional tax agent. Individuals who prepare their own returns may be unaware of entitlements or overlook declaring certain forms of income. The potential refund, or, on the other hand, penalty, can justify the professional service and save your own time and effort.
It is important to not only ensure that you are correctly reporting all of your business income but also that you are claiming all of the tax deductions to which you are entitled in order to maximize your tax return &/or minimize your tax liability. Business tax obligations are almost always different for each individual situation. Our experience gained from working with a range of industries will help you take advantage of all the legal deductions and credits that are available to you.
While we specialise in small to medium sized businesses, it is also advantageous for us to complete the tax returns for the business proprietors, their family trusts, and investment entities. Company employees may also avail themselves of our services
Our tax services include (but are not limited to):
- Year-end Financial Statements
- Preparation of Income Tax Returns
- Fringe Benefits Tax (FBT) calculations and returns
- Capital Gains Tax (CGT) calculations and advice
- Small business concessions calculations and advice
- Division 7A compliance
Working under the Supervision and Control of Tax Agent: Michael Saunders – Tax Agent number 25258785*
