Accountants are experts in tax and compliance, that’s what we are typically known for, however, did you know that we can offer so much more? Our services go above and beyond crunching the numbers, we help businesses get off the ground, support business growth, fix cashflow, problem solve, boost revenue, and help you plan for the future. We’re more than just taxes – learn what we can do for you.
Business start up
We have first-hand experience of what life is like for a start-up! We understand that it may be a small business, but there is nothing small about it for you. We know the best way to structure a business for performance and compliance from the start. Choosing the right setup is crucial as it could save you tax in the long run. There are four main business structures commonly used by small businesses in Australia. We’ll guide you through the options based specifically on your business, to find out what works best for you. There will be ups and downs, but we will support you along the way helping to make your new venture a success.
Help you implement time saving accounting software
We use MYOB – QuickBooks which is an easy online accounting software especially built for small businesses and advise clients about it. It creates your invoices for you, helps you manage your expenses and report Single Touch Payroll to meet the ATO requirements and much more. We also advise our clients to use the Receipt Bank app, an online system that automatically converts your receipt into data masking it super easy for you to send your expenses information straight to us. You just have to take a photo and upload it. The ATO can audit you at any time, and for any year within the last five years. Could you put your hand on a receipt from four years ago to prove a deduction if asked?
Improve your cashflow
If Covid-19 has taught us anything, it is to expect the unexpected and plan ahead. Unfortunately, a lot of businesses, large and small, have failed because that have simply run out of money. If payments are not coming in when expected, it’s hard for businesses to then pay suppliers and staff and keep afloat. Positive cash flow is particularly important for small businesses. We help you firstly, by giving you a better understanding of the health of your business, and then give practical ways to improve your cash flow through planning, budgeting, funding and business performance (as well as ensuring you meet your financial commitments and regulatory obligations).
In person advice and support
This is so important. We are not a once a year service. We encourage our clients to keep in close contact and if you have a question about your tax or finances, just pick up the phone. There are no unnecessary charges and all fees are quoted up front. We also offer you a maximum tax refund guarantee. We find that many people start out doing their own tax returns, but as their business grows or they gain a second property for example, their tax requirements become more complicated and more stressful. When you self-lodge, you need to ensure all the deadlines are met, all the figures are correct and if there are any errors, there could be an investigation which could lead to a fine. You may also miss out on valuable deductions. Whether you are an individual, company or trust, our friendly team are here to help, whenever you need us.
Additional services
All under the Taxpro roof!
Contact us now and find out what we can do for you!
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