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.
I prepare Financial Statements, where required, according to professional accounting standards. I will also explain and breakdown the financials in a way that will make them easier for you, the reader, to understand.
If you or your business is registered for GST, your compliance obligations have doubled! You may need to lodge monthly, quarterly or annual Business or Instalment Activity Statements. This obligation need not be onerous – when you have me on your side they won’t be.
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 daniels@business-sa.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.
