Don’t get caught out at EOFY

While it may not be the most glamorous aspect of accounting, we put in the hard yards to ensure your financial statements are accurate and your deadlines are met. Kick your feet up, have a drink and celebrate all that your business has achieved over the financial year. We'll take care of compliance and filing your tax return.

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Key Considerations When Lodging Business Tax Returns


Small business owners, we know the challenges you face when preparing and filing your business tax return. Here are 4 things to keep in mind (and how we can help).

Keeping Good Records

Meticulous record-keeping is vital for small businesses. Organising and tracking various financial transactions like income, expenses, invoices, receipts, and bank statements doesn't have to be a chore either (Xero, anyone?). Well-organised records ensure accurate tax returns and maximize eligible deductions.

Deduction Eligibility

Navigating the labyrinth of deduction rules can be puzzling (but that's why we're here!). We help small business owners identify eligible deductions, including business expenses, asset depreciation, home office costs, and vehicle expenditures. Claiming these deductions, while staying on the right side of tax regulations, results in more money to invest back into your business.

Tax Law Compliance

Navigating the Australian tax landscape can be a formidable task as ever-changing tax laws can leave you feeling like you're chasing a moving target. Non-compliance can lead to penalties and unwelcome audits. Staying ahead requires vigilance, being informed about tax law updates and seeking the expertise of tax experts to ensure you stay on the right side of the law.

GST and BAS Reporting

Business Activity Statements (BAS) are used to report GST, PAYG withholding, and other tax obligations. Accurately completing your BAS can be complex and time-consuming, so we developed our own Bot to do the legwork! We use smart tech tools for all sorts of tax return tasks, meaning we get to spend our time helping clients with high-value work.

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