Taxation Services
- Preparation and lodgement of Income Tax Returns for Individuals, companies, Trusts, SMSF
- Preparation and advice on Investment (Rental) property returns
- Capital Gains Tax
- Tax Advice and Planning
- Advice on various deductions and rebates and offsets available
- Preparation of BAS statements (GST)
- Advice on Fringe Benefits Tax and Superannuation
- Payroll Tax
- Tax Retirement Strategies
Accounting and Bookkeeping Services
Taxation and GST
- Capital Gains Tax
- Fringe Benefits Tax
- Wages & Payroll Tax
- Contractor Reporting
- Rental Property Schedules
- Annual, Quarterly & Monthly GST Returns
- Individual, Company, Trust & Self Management Superannuation Fund Tax Returns
Bookkeeping
- Data Entry/Bank Reconciliations
- Bank reconciliations are done each week/month/quarter
- Ensure ATO liabilities are paid on time and compliance criteria is met
- Regular review of the business to ensure records properly held and maintained
Accounting
- Preparations of annual accounts (financial statements)
- Preparation of periodic management accounts and reports
- Set up computerised system for your accounting and bookkeeping
Payroll
- New employees setup in your system
- Payroll completed each week offsite/onsite
- Superannuation payments made on time
- Management of accounting software
- Single Touch Payroll Support
Business Consulting and Advisory
Setting up and running a business can be really overwhelming for many taxpayers that often leads to headache and stress. At Taxstar we have experience in a wide range of industries and are committed to provide guidance and services for a variety of clients. As every business is unique the services that are provided need t be considered in relation to each individual client's circumstances, these services will go beyond the creation of the business and into the management on day to day basis.
We aim to provide our clients with the most relevant and efficient advice that will guide them in their client’s decision making and enable them to achieve their business and personal goals. These services will include but are not limited to budgeting, cash flow management, ratio analyses, taxation analyses and general business advice. This includes:
- Applying for TFN
- Registration of PAYG
- Registration of an ABN
- Formation of a Company
- Strategic Tax Planning
- Business Structure Advice
- Business Start Up Guidance
- Business Registrations with Australian Securities and Investment Commission (ASIC)
Self Managed Super Funds (SMSF)
As one of the fastest growing and most preferred ways to fund your retirement is through a SMSF. A SMSF allows the client to take control of their Superannuation and make decisions on how the money is invested, what type of investment strategy to use and how to reduce the administration costs to ensure their retirement funds grow steadily. SMSF is also one of the most complex field and is closely monitored by the Tax Office, we offer a range of services that will ensure clients and their SMSFs stay compliant to the rules and policies of the Tax Office these include:
- Helping you decide if a SMSF is the most beneficial solution for you
- Contacting a Financial Advisor to Prepare a Statement of Advice
- Advice on Compliance Matters
- Advice on Taxation Benefits Advice on Employer Obligations
- Advice on Reporting requirements
- Establishment of the SMSF by obtaining a Trust Deed, Appointment of Trustees, obtaining a Tax File Number and an Australian Business Number