Company

With our business tax specialist’s consulting, you would reduce your stress ,cause we really understand the pressures of business operation.

Since 2015 we have been helping business owners to comply with their Australian Tax Office (ATO) tax obligations, whilst paying the minimum tax legally required.

Our services including:

  • Company tax return
  • Annual Financial Statement preparation
  • Business activity statement (BAS)
  • Single touch Payroll (STP)
  • Company registration and cancellation (ACN, ABN, GST, PAYG withholding)

Company Tax Return

If you operate your business as a company, you need to lodge a company tax return.

The company requires to report its taxable income, tax offsets and credits, PAYG instalments and the amount of tax it is liable to pay on that income or the amount that is refundable.

The company’s income is separate from your personal income.

We provide a quality guarantee (each tax return is double checked for accuracy prior to lodgement) and year-round tax advice and support.

Annual Financial Statement preparation 

While all companies should keep financial records to keep track of their business, some types of companies have additional reporting requirements and will need to prepare and lodge financial reports with ASIC. 

We will help you to prepare company financial statement prepared in accordance with the Corporations Act with accounting standards (see s296) and International Financial Reporting Standards (IFRS), which Australia adopted in 2005.

Business activity statement (BAS)

Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.

If you are a business, you use a BAS to:

  • report and pay the GST your business has collected
  • claim GST credits

We can help you with your business’s bookkeeping. We perform a range of reconciliations, proofs and integrity checks based on the information you have provided, and then preparation and electronic lodgement of Activity Statements with the ATO.

If you have done with your bookkeeping, we can perform a Review of specific Activity Statements that will be lodging, so as to provide you with a second opinion and some peace of mind.

Single touch Payroll (STP)

Single Touch Payroll (STP), is a new way of reporting tax and superannuation information to ATO.

With STP you report employees’ payroll information – such as salaries and wages, pay as you go (PAYG) withholding and super – to us each time you pay your employees.

If you manage payroll for your business or a client, you will need to comply with Single Touch Payroll legislation:

  • 1 – 19 Employees

You need to start STP reporting now.

  • 20+ Employees

You should already be STP compliant.

We integrated payroll solution powered by professional accounting STP software does the maths and stays on top of ATO requirements. Helping to keep your payroll on time and compliant.

Taxable payments annual report (TPAR)

You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a:

Contractors can include subcontractors, consultants and independent contractors. They can be operating as sole traders (individuals), companies, partnerships or trusts.

We will help you to lodge Taxable payments annual report (TPAR) by review The details of each contractor are generally found on the invoice your business received from them. This includes:

  • Australian business number (ABN), if known
  • name and address
  • gross amount you paid to them for the financial year (including any GST).