Business Accounting, Tax and GST
Business accounting, tax compliance, and GST are an essential part of running your small business. For many busy small business owners, it can often be an overwhelming aspect of operating a business.
Our role as your business accountant and tax advisor is to take the overwhelm out of business accounting, tax and GST obligations, allowing you to focus on growing your business.
Business Accounting Services in Melton
Whether you’re a startup business or an established business, we provide business accounting services that will ensure you feel informed and in control of your business tax and finances at all times.
Our efficient, tech-driven methods and our technical expertise make all facets of business tax compliance painless and stress-free. We prepare financial statements and business tax returns for all entity types including:
- Sole traders
- Partnerships; and
- Self-Managed Super Funds
More than just Business Accounting & Tax Compliance
Our accounting services extend well beyond completing your annual business tax obligations. Did you know that our Melton accountants have a management accounting and marketing background? This means that we can help you to really understand – and enjoy – the meaning behind your business numbers.
Our expertise in accounting and marketing enables us to translate your business numbers into actionable plans and strategies that will move really ‘move the needle’ in your business.
Click below to learn more about our business services, beyond accounting compliance.
- Tax planning
- Business Health Check
- Cash flow planning
- Marketing for small business
- Business plans
- Business bookkeeping
- Accounting software training (Xero, MYOB, QuickBooks Online)
- Business structure advice and review
- Business succession planning
- Business loans and equipment finance
Startup Business Accounting Advice in Melton
The best time to find a business accountant is actually before you start your business.
Speaking with a business accountant before you start up your business gives you the opportunity to structure your business in a way that is both tax effective and suitable to your personal circumstances.
No matter how small or simple you think your small business is, you are guaranteed to benefit from the knowledge and guidance of our experienced business accountants in Melton. You can learn more about our startup business accounting services here.
Business Tax Accountants in Melton
Business tax accounting is complex with Australian tax laws everchanging.
As expert tax accountants in Melton, we help you navigate the complex maze of business taxation. While we take care of the ‘heavy lifting’ we also ensure that you understand how business tax works, and how your business is impacted by tax now and in the future.
We encourage business owners to undertake periodic tax planning sessions with us. Click to learn more about our business tax planning planning services.
We prepare business tax returns for all entity types including:
- Sole trader tax returns
- Company tax returns
- Trust tax returns
- Partnerships tax returns; and
- Self-Managed Super Fund tax returns
Our business tax compliance and tax planning is just the beginning. We offer a range of value-add solutions which extend far beyond compliance.
GST and Business Activity Statements (BAS)
It’s important to know when your business is required to be GST registered. If you are a GST registered business, are you correctly reporting your GST each month or quarter? Your business bookkeeping records will be the source of your Business Activity Statement reporting. But are you certain that your business bookkeeping is accurate?
According to ATO data, only 53% of businesses use a registered tax agent to lodge their BAS, with the rest choosing to self-lodge. As experienced tax accountants, we find this statistic very alarming. Business owners should not underestimate the complexity of GST reporting. The BAS form may look simple – but GST tax law certainly is not simple.
Many business owners think they are up to the task of doing their own bookkeeping and self-lodging their BAS. Yet, in our years of preparing BAS for businesses it is rare that we are presented with accurate client bookkeeping records that don’t require our expertise to correct fundamental errors.
Don’t risk under or overpaying GST. Speak to us about our BAS services to ensure that you are not exposing your business to an ATO review or cash flow issues.
For more information about GST and how it affects your business please see our blog post ‘Let’s Get Clear About GST’
We can also help you with:
- Single Touch Payroll
- Employee superannuation
- Payroll tax
- Fringe Benefits Tax
Business accounting and tax compliance is the just beginning of our service. We offer a range of value-add solutions which extend far beyond compliance. Our packaged services include business advisory and marketing direction services to suit the needs of all businesses – from startup to established. You can choose a tailored package from the compliance basics right through to the CFO-level service.