Whilst we do not provide Income Tax Services, we do provide specialised “Tax Ready Financial Packages” to your Tax Accountant to assist in the lodgement of your Tax Returns. Having staff with previous experience in the Taxation Field, we understand what reports your Tax Accountant needs.
A common problem with general bookkeepers is that they get your financials to a point, but your Tax Accountant still needs to perform several journals and balance day adjustments before being in a position to lodge your Income Tax Returns.
We aim to fill that void, performing those tasks at a cheaper rate than your Tax Accountant.
We perform various reconciliations including debtors, creditors, GST control accounts, loan accounts, entering in balance day adjustments like closing stock, depreciation and amortisation. We compare your financials to the ATO benchmarks and provide all of the necessary source documents and schedules to your Tax Accountant. Finally, we provide a reconciled full set of Financials in order to lodge your Tax Return with your Tax Accountant.
In many cases we liase directly with your Tax Accountant to ensure a smooth year end experience for you.
