Our Tax Advisor possesses extensive experience in taxation law for many years. We handle your tax affairs in a confidential and professional manner to provide solutions to complex and challenging tax matters. We can assist in BAS lodgement, income tax returns, capital gains tax, fringe benefits tax, payroll tax, transfer duty, property and land tax, business tax planning, tax rulings, and R&D tax matters.
Tax Compliance Services
Are you falling behind in your tax lodgement for many years? If you answer yes, then you need a tax consultant that can help you to rectify your tax obligation and to avoid heavy penalty imposed by the ATO for late lodgement and interest charge. We will endeavour to help you with your tax liabilities are minimised by using all the possible legal tax strategies such as tax credit, tax offsets, tax deductions and capital allowances claim.
Our accountant will liaise directly with the ATO on your behalf to organise late tax lodgement, lodgement extensions, payment arrangements, and help with audits or complicated tax rulings.
Business tax restructuring and planning
Our accountant will ensure your tax on business profit are effective, business asset is protected, acquisition of assets and investment structures are sounds so as to take advantage of tax minimisation strategies.
Division 7A
Company shareholders and directors withdrawing funds from business account are potential breaches of Division 7A loan and dividends. All funds taken from the company are deemed dividends or loan with interest repayment. Are you having a loan problem in your business? If you answer yes, then call us so we can help.
Capital Gains Tax
The complexity of Capital Gains Tax in Australia is indisputable especially the introduction of cryptocurrency tax on Capital Gains and disposal of your business or assets. Whether you’re disposing of a business asset, or realising your profits from capital gains our experienced accountants will help you utilise tax concessions and business structures to help reduce your tax liability and maximise your earnings.
Fringe Benefits Tax
Our accountants know the ins and outs of this complex Fringe Benefits Taxation law and can assist you with FBT calculation on entertainment expenses, and salary packaging on many items. We will endeavour to reduce your Fringe Benefits Tax payable by using tax minimisation strategies. You will be providing with all the FBT calculations and advice of quarterly FBT return as well as the annual lodgement of your FBT returns.
Others States taxes
Payroll Tax
Do you needs help with understanding or compliance with payroll tax from all States in Australia? Do you need help with how to consolidating your payroll tax? If you paid wages/salaries, super and FBT that reached the monthly threshold then you must register for payroll tax. We can help you do the calculation and what is included in the payroll tax items.
Property Tax
Property Tax is a tax that allowed eligible first home buyer choose to opt-in at the time of purchase or they can elect to pay one-off stamp duty if their property value reaches the threshold. If buyer elected to pay property tax, you will not pay upfront transfer duty instead you will pay the annual property tax. So, if you’re an investor or first home buyer eligible for assistance scheme or grant, we can help you to calculate the repayment schedule, amortisation of fixed assets and stamp duty concessions or property tax that involved with your property purchase.
Transfer Duty
The transfer duty is a stamp duty that are payable when you buy property, vacant land or commercial or industrial properties, an investment property, or acquisition of a business which includes land. The transfer duty also applied to a declaration of trust, land acquire, without buying assets and any transaction effecting a change in the beneficial ownership of a property. If you’re a foreigner buying residential home,commercial property or land in Australia, you must pay transfer duty as well as surcharge purchase duty and surcharge land tax on residential property owned and in addition you must paid land tax if your land value reached the tax threshold.
Land Tax
Land tax is an annual tax levied each calendar year from your commercial property you own for business purpose and if the land value is above the tax threshold. The land tax liability is calculated as at 31 st of December for the next calendar year. Therefore, whatever property you own as at 31 st of December each year is used as the basis of what land tax you will be charged for the following calendar year. Any property that you own that is your principal place of residence is exempt and concessions may apply from land tax. If you’re not aware of land tax you have to pay, give us a call now so we can help you to avoid heavy penalty and interest charge.
