Accounting & Tax
“The hardest thing to understand in the world is the income tax” – Albert Einstein
If you’re looking for the full range of Accounting and Taxation services, the team at Avance have you covered. We specialise in helping business owners and individuals with complex taxation matters and remain compliant with their mandatory ATO obligations.
You can rely on our team of experts to gain an intimate understanding of your financial position in order to ensure you are able to maximise your deductions and pay the appropriate level of tax – not more than is required. We strive to work in alignment with your business goals giving you the best platform for growth and financial security.
Our team covers all facets of Accounting and Taxation for business and individuals, including:
- Preparation of income tax returns
- Preparation of annual accounts
- Preparation of periodic management accounts
- Preparation of financial statements for:
- Sole Traders
- Partnerships
- Companies
- Trusts
- Self-Managed Superannuation Funds
- Preparation and lodgement of quarterly/monthly activity statements
- Unlisted Public Company Accounting
- Preparation of General Purpose Financial Statements for reporting requirements
- Interim Accounts for QBCC requirements, finance, and business sales
- Budgets and cashflows
- Capital gains taxation planning
- Fringe benefits tax returns
- Advice on indirect taxation, including payroll tax and GST
- Tax planning and minimisation
- Cross-border transactions
- Research and Development (R&D) credits and offsets
- Personal Services Income (PSI) legislation
- Taxation for service trust entities
- Assistance with ATO audits
- Applications for ABN/TFN
- Organisation of payment arrangements
- Registration or deregistration of GST or PAYG
- Change in lodgement cycles for BAS or IAS statements
- Negotiation of remission of penalties
- Checking ATO account balances and supplying information to external advisors where necessary
