Taxation / Accounting
Accountants.com.au provides a full service preparation of accounts and completion and submission of income tax returns on behalf of individual and business clients. We also prepare and lodge BAS statements for a wide variety of businesses.
Our taxation advice includes business structures, salary packaging, estate planning and asset protection, tax and commercial advice on purchase and sale of businesses, valuation of businesses.
We have an international network of consultants to set up operations in Europe, North America and Asia.
Accounting / Tax information
Accountants.com.au prepares monthly or quarterly management accounts, review and comment for management purposes.
We also do:
Preparation and lodgement of Monthly/Quarterly BAS Statements,
Preparation of annual financial statements and income tax returns,
Taxation advice on choosing or transitioning to new structures for tax optimisation, and
Valuations of businesses
The company utilises the latest software to prepare valuations of businesses for purchase and/or disposal. These valuations are utilised in negotiations on behalf of clients with potential target companies or parties interested in purchasing the client’s business.
Accountants.com.au also does the preparation of compliant DIY superannuation fund financial statements and/or income tax returns.
Tax/ Accounting – Five Most Frequently Asked Questions
What structure is appropriate?
We review the client’s current situation and advise them whether it makes sense from a tax and/or commercial viewpoint to transition to a new structure.
How can we reduce our tax?
We review our clients situation generally in April/May of each year to ascertain what strategies are required to be implemented to help the client as a result of growth in their business or the Federal Government’s Annual Budget.
How much is my business worth?
The company utilises cutting edge software which allows it to value the client’s business. The company then ascertains as to whether an acceptable estate plan and business succession plan is in place. The company can also review whether there are any opportunities for accessing private equity investors in a staged buyout of the business.
How can I free up my bank facility which is restricted due to bank guarantees and other tender deposits?
The company offers alternative facilities via the issue of insurance bonds underwritten by major international underwriters. These products are off balance sheet and free up the clients’ bank facilities.
How can I use the new super laws?
We can convert the client’s super fund into a tax exempt DIY super fund giving them a tax effective pension stream which is topped up each year by the employer company or the self employed client making employer contributions or personal contributions respectively.