What can our tax accountants do for you?
Expert Tax Accountants in Perth
Our team of tax accountants make the accounting process simple, so you can focus your time on doing what you do, better. Whether you need to lodge a tax return, start a business, or require on-going support with your accounts, we crunch the numbers and don’t let opportunities pass you by.
What our clients say
Taxpro always takes the time to explain everything to us so we fully understand how we are going financially and with this information we have been able to grow our business to what it is today.
What I really appreciated most, is I can simply text, email or phone any time if I need advice or support and the job was never too small or too complicated for Joseph and the staff at Taxpro.
Latest news
Stay up to date with all our latest news, guidance and regulatory information from our tax accountants here. We like to focus on the practical implications of changes to tax, insurance and financial planning legislation as well as offering insights on topical issues relevant to our clients.
Time to Reset: Get on top of your bookkeeping
We understand that the last few years have been difficult, the pandemic had a huge impact on businesses, and the repercussions are still being felt now. Many small businesses had to completely rethink their approach to business to survive, and one of the key factors was to keep their cashflow moving. This is so important for small businesses, to see how money is being spent and identify areas that cost savings can be made. It also ensures you can pay suppliers, continue to build relationships and also for planning purposes. As businesses get back to a ‘new normal’, we can help you reset, get your finances organised and support you as you continue to build a successful business. We offer bookkeeping packages for any size business which are professional, accurate and reliable. Our aim is to keeps your tax bills down and cash flow moving. Have a clear understanding of how your business is performing Review, monitor and reconcile your earnings and expenses Check stock and levels Identify and eliminate unnecessary spending Make sure your tax payments are up to date Forecast and plan [...]
Do you have managed funds or ETF investments?
Book your tax return in September to avoid refund delays If you have managed funds or exchange-traded funds (ETF) such as Vanguard, Betashares, iShares, etf Securities, and Raiz, statements from the fund managers reporting on distributions (made up of types of income like interest, dividends, capital gains, and foreign income) tend not to be released until early August. This means that if your appointment is booked too early, there would be a delay in your tax return being completed because we would be waiting for the statements to be released. These types of funds take longer than shares and bank accounts to collate and circulate to investors and the ATO. In fact, the ATO usually only receives this information by late-August. Therefore, we advise that you wait and book your tax return appointment with us in September, when all the information has been collated so there is no delay when we lodge your tax return. Some ETF investments have become more popular as they allow investors to invest in multiple shares in one trade and Raiz, for example, allows ‘round up’ payments on investors’ [...]
Remember to declare crypto trading activities on your tax return
The ATO has been announcing what it will be focusing its attention on this tax season. One of the major items on their hit list is crypto trading. While cryptocurrency seems to operate anonymously, the ATO can track data from banks, financial institutions and cryptocurrency online exchanges to follow money back to the taxpayer. The Australian Financial Review has a useful article about it here. Cryptotraders need to declare their activities - any profits and losses - they are making on investments. It is really important that you keep all records such as receipts of purchase or transfer, agents, accountant fees, and legal costs as well as digital wallets and software costs. If you have any questions about including crypto trading activity in your tax return, or would like to book an appointment to discuss your tax return, please get in touch with the Taxpro team on 08 9240 7629! Contact us
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