Business Accounting
Scott & Co know that businesses can only shine if you have the right people looking after the right things. We work closely with small-to-medium-sized businesses to deliver the right business, tax and accounting advice for you, efficiently and effectively – leaving you free to focus on what you’re best at!
Business accounting services:
> Preparation of financial statements
> Preparation and electronic lodgment of income tax returns for companies, superannuation funds, trusts, partnerships, sole traders and individuals
> Preparation and electronic lodgment of Business Activity Statements and Installment Activity Statements
> Fringe Benefit Tax (FBT)
> Capital Gains Tax
> Advice on Land Tax and Payroll Tax
> Workers compensation
> Tax audit issues
> Assistance in the formation and set-up of companies, superannuation funds, trusts and partnerships
> Corporate secretarial services – ASIC requirements
> MYOB proficient
> Cloud computing with Xero
> Accounting systems setup and training
A small-to-medium-business accountant:
Expert advice
Scott & Co are small-to-medium-business focussed, so we understand the world you’re working in and the difficulties and complexities you deal with daily. In order to give your business the best chance of lasting success, it needs to be structured appropriately to be as tax efficient as possible. This way it maximises growth potential and also enhances the value of the business.
Tax regulations, by their nature, are complex and continually changing. We make it our business to be aware of the latest regulations to ensure that our clients receive the maximum return while being totally compliant.
Save money
It’s easy to think that engaging the services of an accountant will cost you money and that you’re going to be better off financially if you just file your tax returns yourself. It’s easy to think. Unfortunately, you’d be wrong! When you use a professional accountant you do pay a fee for the service you receive, but the likelihood is you will also receive a much larger tax bill. The difference is usually more than enough to cover any cost that you may incur by hiring an accounting professional to handle your taxes for you.
The reality is, when you do your taxes yourself, you’re usually losing – not saving – money because of it.
The benefits of using a tax accountant:
Tax accountants dedicate their lives to the tax profession – they understand the tax laws and how the tax systems operate. They know what deductions you can take advantage of and can likely help you in deducting a lot of money from your annual tax bill, potentially saving you thousands of dollars.
A good tax accountant can:
Help you find deductions that you didn’t even know existed.
> Learn how to organise your files for next year’s tax return.
> Allow you to pay any owed taxes the following year because you are registered with a tax agent.
> Help you learn how to maximise your finances and always be safe, following all of the rules of the ATO.
> Allow you to avoid the stress of tax season.
Let us help your personal finances grow
Contact us today for a no-obligation chat about how we can help you maximise your tax returns.
