We can offer advice based on proven knowledge and experience. Our proactive approach ensures we deliver a consistent service and build solid relationships which stand the test of time.
Taxation can be a major cost to your business. We will work in partnership with you to minimise your tax and help you achieve your key objectives.
We provide a complete service of help and advice in all of the following areas:
Preparation of Financial Statements
Preparation of Income Tax Returns for Individuals, Partnerships, Trusts, Companies and Superannuation Funds
Preparation of activity statements and advice on payment of tax
GST/FBT obligations
Capital Gains Tax
Advice on and implementation of tax effective trust structures for asset protection and tax minimisation
Management of any ATO Audits or disputes
The GST and PAYG system is a complex and confusing one. We keep up to date on the changes and offer accurate advice.
Business that employs staff will need to remit the PAYG withholding to the ATO.
The BAS related services we offer include:
Advice on registering for GST and PAYG
Filing and adjusting GST returns
ATO audit assistance
We discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis
Depending on the size of your business we have differing solutions:
Micro Business – we can attend to all of your bookkeeping and accounting needs, including processing monthly information, preparing payroll, providing periodic management of accounts for tax, business appraisal and planning purposes. Small Business – if you require casual onsite assistance we have a number of bookkeepers that we can recommend
Larger business – if you have an internal bookkeeper we can assist with a regular review of your files to ensure that the information is up to date and accurate.
Let us help you make the right choice when it comes to accounting software.
A decent accounting system will help you keep track of your cash flow and give you the option to complete GST Returns easily.
Choosing the right system for your business can be a difficult one – after all there are over sixty different accounting packages available in Australia.
Here at SumTotal we have invested considerable resources into on-going staff training to ensure we are able to recommend the best accounting solution for your business.