Taxation Services

"REDUCE TAXATION WHILST MEETING COMPLIANCE"

Getting the right taxation advice can help individuals and businesses reduce taxation while continuing to meet compliance and regulatory requirements.Our taxation specialists understand the complex and ever-changing taxation laws at federal and state levels. With The Accountancy Practice, you can be confident that you will get the most current taxation advice.

Income Tax Returns for Individuals and Entities

With our substantial, up-to-date knowledge of the tax system we can analyse your tax return to see if any tax savings can be made. Crucially, we can also review the form to see if there are any anomalies that need to be addressed before the return is submitted to the tax office.

Calculating, Money

Self-managed Superannuation Fund Annual Returns

Running a self-managed superannuation fund (SMSF) is a large responsibility. We can help you to meet the accounting and tax obligations of your fund.

We will work with you to prepare your fund’s financial statements and assess its compliance with superannuation law.

And, through our affiliated services, we will appoint an external SMSF auditor to audit your fund.

Once the audit has been finalised, we will lodge your fund’s annual return.

Your SMSF annual return is more than an income tax return.

It is also used to report super regulatory information and member contributions and pay the SMSF supervisory levy.

Retirement, Super Annuation

Business Activity Statements (BAS)

All business owners who are registered for GST must lodge a Business Activity Statement (BAS) to the Australian Taxation Office (ATO) to report their taxation obligations.

Forms are usually issued quarterly, but some businesses may be required to report their obligations at different frequencies, depending on business structure and income.

We can help you to prepare and lodge your BAS regularly and on time, to ensure that you maximise your tax deductions whilst not incurring any penalties for late lodgement.

Form Filling

Taxation Planning and Advice

Individuals

Successful tax planning can ensure that each year, you minimise your costs and maximise the refund that you are entitled to.

Our team of accounting professionals have extensive knowledge about the current tax laws, the exemptions that you can make and the compliance issues that you will need to observe.

Businesses

We can provide you with tax planning advice on an ongoing basis, so that when you reach tax time, all the efforts you have made to keep accurate financial records pays off.

Our taxation compliance service provides preparation of tax returns for small and medium size businesses.

We can also advise you on more complex company tax issues, to ensure you meet your obligations to the Australian Taxation Office (ATO).

Planning, Notes, Calculator

Audits and Resolving Queries from the Australian Taxation Office

On your behalf, we will liaise with the Australian Taxation Office in relation to all registrations, assessments, debt management, audits and general tax office requirements. We can assist with: ABN and GST Registration Employer witholding tax registration Tax File Number (TFN) Declarations Debt Management Assistance with Audits & Queries from the Tax Office

Consulting, Hand Shake