- 0428 655 714
- [email protected]
- 2/29 Barrett Dr, Lennox Head, 2478, NSW
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If you’re a GST-registered sole trader, a partnership, or a company, business activity statements play a crucial part in your ATO compliance. We are a Tax Practitioners Board-registered agent that provides affordable and reliable BAS services.
Hiring us means ensuring accurate and timely reporting of all tax obligations. We are perfectly qualified to prepare, review, and lodge your BAS on your behalf. This covers goods and services taxes, pay-as-you-go installments, and PAYG-related withholding tax.
A thorough understanding of the system is required to ensure compliance for all sales transactions. We provide expert advice on how to manage your business’s GST properly and minimise risks of violating ATO rules and regulations.
Meeting all monetary obligations, including GST and income taxes, hinges on accurate estimates of future cash inflow and outflow. When you have this, you can take the necessary steps to ensure there’s money for paying bills and tax obligations when they fall due.
With extensive experience in managing money flow, we can give you regular, timely and precise forecasts on changes in the business’s cash balances. These reports help you:
Tax is one of the most important areas of your business. The ability to manage taxes properly is a crucial part of maximising your profitability. By hiring us, you can be assured of timely and accurate filing of personal, business, or trust tax returns for as low as $130. We can also assist you in generating timely and accurate financial reports, whether they are balance sheets, profit and loss, or cash flow statements. Regardless if you need them for financial planning purposes or submission to the ATO and the ASIC, we make sure your business’s true economic condition and performance are reflected.
Done properly, bookkeeping enables you to generate accurate financial statements that guide you in managing your business and paying the right taxes. We provide high-quality bookkeeping services that ensure all your transactions are promptly and properly recorded.
For accurate receivables and liabilities balances, the amounts on the bank account and credit card statements should match with those in your books of accounts. Part of our bookkeeping service includes a monthly reconciliation of differences in amounts between the two.
Two important transactions that affect your business’s future cash flow involve the collection of money claims and payment of financial obligations. With us on board, you can be on top of your business’s accounts receivables and ensure their collection. You can also be aware of how much you owe suppliers or creditors at any given time and when they are due. By managing future sources and uses of cash, we can help your business meet its upcoming financial obligations.
Paying your employees’ wages isn’t just about computing how much you owe and releasing salaries on time. It also involves deducting and remitting the right amount of PAYG withholding to the ATO on their behalf. Using Xero, we can easily and accurately compute salaries and taxes, deduct, and remit them to the ATO.
Business owner, Leanne Prior, is a Certified Practising Accountant (CPA) and a Justice of the Peace (JP) with over 10 years of professional experience.
Contact me if you have any question related to your accounting or financial advise.
No, you don’t. The ATO only requires GST registration for enterprises with annual revenues exceeding $75,000.
It will depend on how you filed your returns. If electronically, it may take around 2 weeks. If via paper, the average processing time is about 10 weeks.
It refers to recording financial transactions in the books of accounts using internet-based accounting software such as Xero. All information is stored on the program developing company’s servers, giving you the ability to access them using any internet-enabled electronic device like laptops, tablets, and smartphones.
It depends on the information a person needs about the business. But for most, the profit and loss statement is on top of their list. It shows whether or not an enterprise is making or losing money, which is the primary factor that will determine its longevity.