Tax Accountants

Preparation of your Income Tax Return for the year ended 30 June. This includes:

• Preparation of Income Tax Returns & associated schedules
• Electronic lodgement of income tax Returns
• Lodgement with ATO Review of Notice of Assessment to ensure correct tax calculation

Our tax accountants will in the preparation and submission of your Company Income Tax Return. This includes:

• Preparation of company financial statements and Company Taxation Returns
• Preparation and lodgement of company tax return per ATO guidelines
• Preparation of tax reconciliation and other schedules where required

Preparation and lodgement of Partnership Income Tax Return. This includes:

• Preparation of the annual Financial Accounts.
• Review and Preparation of Partnership Income Tax Returns and associated schedules
• Lodgement of Partnership Income Tax Return.
• Preparation and electronic lodgement of the quarterly BAS for the 12 months.
• Preparation of quarterly Management Reports.
• An Annual Tax Planning Meeting to review current year performance and tax planning advice.

Propeller Advisory tax accountants will help you in the preparation of Annual financial accounts and annual tax return, based on the information being entered and reconciled in an accounting software package. This includes:

• Annual GST Reconciliation
• Preparation of annual tax return
• Access to our email advice line

Preparation and lodgement of Trust Tax Return. This includes :

• Review of your financial information and records accuracy and quality
• Preparation of Statutory Trust Financial Statements
• Preparation of Trading Statement, Statement of Financial Performance, Statement of Financial Position, and Notes to The Accounts
• Preparation of your Trust tax return
• Preparation of trust distribution minute
• Lodgement with the Australian Taxation Office
• Checking and forwarding Notices of Assessment from the A.T.O.
• Annual meeting with Advisor to review and discuss forward tax strategy and planning

Preparation and lodgement of quarterly Business Activity Statements (BAS). This includes:

• General advice, attendances to ATO reports
• Review of your operation of BAS for compliance with regulations and best practice
• Complete BAS computations for the quarter
• Attendance to the subsequent lodgement of the Business Activity Statement (BAS) with the Australian Taxation Office.

Including a review of your year-to-date income/tax situation, and preparation of a Tax Planning Report

• Review of your year to date income and tax situation
• Estimate of your estimated taxable income for the year ended
• Preparation of Tax Planning Report and detailed recommendations

Preparation and lodgement of Fringe Benefits Tax (FBT) Return. This includes, when applicable:

• Reviewing employee/director/associate benefits.
• Calculation of FBT
• Calculation of GST on employee contributions.
• Calculation of motor vehicle benefits provided under the statutory rate method.
• Calculation of expense payment benefits provided.
• Calculation of meal entertainment benefits provided.
• Calculation of car parking benefits provided and expense payment declarations.
• Preparation and calculation of S. 58P FBTAA minor benefits exemption.
• Calculation of recreation entertainment benefits provided.
• Analysis and calculation of employee reportable fringe benefits.
• Preparation & lodgement of FBT return

Benefit from our tax accountants’ in-depth knowledge of corporate taxation, to ensure your business strategies, projects and transactions are tax-effective.

Our experienced team will work with you to develop a custom plan of action that fits your specific needs. Let us help you take control of your finances so you can focus on what’s important – running your business.

Advice for investors and traders to ensure you meet tax obligations including Capital Gains and Income Tax, and avoid an ATO audit.

With cryptocurrency being a relatively new fiat, our tax accountants are dedicated to making the tax process for your digital investment as easy and stress-free as possible. Our team of experts is always available to answer any questions you may have.