Accounting

Accounting and Taxation Services in Korumburra and Leongatha VIC

Accounting & Business Services

Cash Flow Forecasts: Cash Flow Forecasts provides an effective technique in providing a clear indication as to the performance of your business by strengthening the ongoing management and profitability of your business.

Selling/Purchasing a Business: Whether you are buying or selling a business we will provide advice as to how to maximise your sale price or negotiate a purchase. Most business sales require the completion of Form 19 which we can prepare for you or advise you in how to interpret the information presented when buying the business.

Business Plans: The developing and implementing a business plan is an important stage in any business. The business plan will address the individual needs of your business and provide you with a range of options that can help you determine the direction in which you want to take your business.

Business Valuation: whether you are buying or selling we can provide a tool for valuing your business.

Business Structure: We will set up the right structure that suits your needs be a company, trust or partnership we will give you the right advice. We will consider the tax implications, legal liability issues, and ongoing cost in our recommendation and then set up the required structure for you.

Financial Accounts: We will provide you with full details of your financial position and business performance and prepare comprehensive financial accounts for your business.

MYOB, Xero, QuickBooks and Banklink training and support: We can advise which is the best software to suit your business needs and provide training and support in developing and integrating software packages and apps into your business.

PAYG payment summaries: We can calculate and prepare annual PAYG payment summaries and ensure that you comply with ATO reporting rules and guidelines.

WorkCover Information: We will assist you with your WorkCover requirements and annual reconciliation process.

ASIC Annual Reviews: We will assess the company annual statement and then forward it to you for review with a covering letter explaining your obligations.

Company Register: Any changes that are required to keep the corporate register up to date with director and/or shareholder changes are handled by our office.

Taxation Services

BAS preparation: We can prepare your Business Activity Statements (BAS) and ensure every claim is met.

GST Advice: We provide advice in relation to transactions that may have GST implications.

Tax Returns: From the most basic to the very complex we can prepare your tax returns.

Instalment Activity Statements (IAS): We can assess your personal circumstances and ensure the correct amount of tax is paid on your quarterly IAS.

PAYG Variation: For those clients who have extensive claims we can put in place a PAYG variation to ensure you get your tax refund each week rather than in one lump sum at the end year.

Fringe Benefits Tax: We can prepare your FBT return where a fringe benefit is provided to employees.