Irene Grant & Associates offer a Comprehensive Business Accounting & Taxation Service
with a strong focus on personal and small business clients throughout Adelaide
I offer comprehensive business accounting and taxation services. Financial
Statements, Income Tax Returns, GST Returns, BAS Lodgments. No individual or business client is too small. I look after individual employees in the same professional manner as I look after my larger business clients.
I am a member of the Institute of Public Accountants (www.publicaccountants.org.au), a Chartered Tax Adviser (The Tax Institute) (www.taxinstitute.com.au) and a Registered Tax Agent (www.tpb.gov.au) who is committed to providing professional, independent, timely and comprehensive business and taxation services to anyone in need. I am also a registered agent with the Australian Securities and Investment Commission (www.asic.gov.au) and can attend to all your corporate secretarial needs.
I offer taxation consulting services and tax planning. I value my long term professional relationships which are based on mutual trust. I provide value for money, quality and efficiency.
My clients include individuals, whether employed or self-employed, businesses who employ staff (new businesses or very well established businesses) and investors (shares and/or rental properties).
I have over 20 years’ experience in tax accounting. I also have comprehensive access to programs such as MYOB, Quickbooks, Cashflow Manager and CGT Reporter.
I enjoy excellent business relationships (my associates) with bookkeepers, financial advisers, mortgage brokers, superannuation providers, solicitors, IT specialists and even wine makers!
I can also oversee your business’s daily data and compliance by maintaining accurate and timely books on accounts payable and receivable, payroll, and daily financial entries and reconciliations. I can provide monthly financial reporting, general ledger entries, and record payments and adjustments. The administrative record keeping that you don’t have time to do can become my responsibility, including meeting deadlines with the ATO and all related government entities.
I am a Xero Certified Advisor and I also a MYOB and a QB partner.
I prepare tax returns, correctly and efficiently, for individuals, partnerships, joint ventures, trusts (in business and or investing), deceased estates, companies and self managed superannuation funds.
In some cases, it can prove imperative to monitor your tax year’s results before 30 June of any given year. I can help you with that. A common time of year to plan for future tax liabilities is March or April, but it need not be those particular months. I can extrapolate the history thus far recorded, and offer advice as to how you can potentially minimise your tax liabilities. Coming to see me after 30 June is too late to plan, but of course will not prevent me from finding deductions that exist but have not been comprehensively considered or recorded.
Have you just started, or contemplating starting your own business? Many people may have already told you that you need a business plan and perhaps a vision statement.
All true, but there are many, many legal and other requirements which need to be attended to before you open your doors. If you haven’t yet commenced (or purchased) your own business, please make an appointment to see me so that we can start you on the right footing.
If you have already commenced (or purchased) your business, please make an appointment to see me so that we can ensure that you have started on the right footing!
If all the proper requirements have not yet been met, it won’t be too late to make any changes or to add further detail. If you are a young entrepreneur, you may also like to contact Daniel Smith at Business SA email@example.com. Ask him about their SAYES program (SA Young Entrepreneur Scheme).
Whether you have started or not, if you come and see me I won’t charge you for the initial short interview and advice. I am more interested in developing a long term relationship with you than charging you for every minute we speak.
Many of my clients own (or will soon own) investment properties. There are far reaching tax consequences to consider, not only the annual Income Tax obligations, but also the Capital Gains Tax implications which can potentially arise.
TIP: If you lived in your property as your main residence before you moved away and made it available for rent, you could be (potentially) exempt from Capital Gains Tax for up to 6 years.
Many conditions apply, of course, but that’s why you need to see me, so that we can determine if your circumstances qualify for this exemption.
We all know that receipts and invoices are evidence of your deductions/claims, and we also know that we should keep these receipts…
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Another largely forgotten group of deductions are donations. Many of us give $2 here or $5 there to a door knocker or…
Drop me a message, if you need an appointment, send this too. I’ll get back to you as soon as possible.