Australia is widely considered to have one of the most complex taxation systems in the world, often described as high in complexity and low on fairness when compared to other developed nations. The change in legislation and severe non-compliance penalties in taxes can be challenging. Assuring that you receive the correct advice will make a substantial difference to your business.
Taxations laws have significantly changed over the years. One of the recent changes is superannuation law, mainly the self-managed super funds. Self-managed super funds may provide some great opportunities for you to build your wealth and have an effective tax structure. If you require more information in relation to self-managed superfunds, please click here
TAX RETURNS FOR INDIVIDUALS & BUSINESSES
When preparing, individual tax returns we not only prepare and lodge your return but also offer strategies to maximise your refund for the following year.
For business owners, paying taxes is a part of any successful business, however with the correct structure and planning, your taxation burden can be legally and significantly reduced. There are various business structures including, partnerships, companies, family trusts and self-managed superfunds that can be utilised depending on your personal circumstances that can materially change your taxation outcome.
As a business owner, irrespective of the size of your business, decisions need to be made that will ultimately have a taxation consequence. As a business owner, you should be reviewing your taxation position early and often during the financial year to ensure that your taxation bill is minimised with the tax office.
We offer tax returns to:
✓ Sole Traders
✓ Superannuation Funds