Accounting/Taxation Services

Accounting Services Accounting and business services for small to medium sized businesses including Preparation of financial statements Preparation of cash flow reports Preparation of Special Purpose Reports for purchase and sale of businesses Benchmarking the business Assistance in implementing and maintaining computer accounting programs   GST & PAYG Advice Since the introduction of the Goods and Services Tax and PAYG Legislation, advice concerning these matters has become an important service which we provide to a large range of clients. The application of these taxes can have impact in transaction such as: Purchase and sale of a business Purchase and sale of property Development of property Purchase and sale of a farm.

Taxation Advice Advising clients on Income Tax Law and its affects on their circumstances has always been an integral part of our client service. Given the complexity of the Taxation Law and the numerous recent changes the firm considers this to be one of the most important services available to our clients. Areas covered include: Income Tax Capital Gains Tax GST Payroll Tax Land Tax Superannuation   GST & PAYG Compliance With the implementation of the new tax system which encompasses the Goods and Services Tax & PAYG Legislation, clients have sought the assistance of the firm for preparation and/or review of their Business Activity Statements & Instalment Activity Statements on a monthly, quarterly or annual basis. The implementation and use of computerized programs to assist this task is an important part of this process.

Taxation Compliance Together with the preparation of tax returns, the firm also places strong emphasis on tax planning through sound management advice, and other related work. The taxation return process needs to ensure: Income is correctly returned Deductions are substantiated Taxation elections are completed Options such as STS are reviewed Capital gains and losses are correctly calculated. Management Services The firm has a commitment to management services whether it be in providing management accounting information or assisting a client to produce “in house” accounting information. Visiting client premises to understand the business is encouraged.