Tax

Glenn Hayes, Director and founder of InTouch Accountants has provided expert taxation advice and managed taxation affairs for businesses of all shapes and sizes from various industries for almost 20 years. We are flexible and can work with whatever accounting system you use whether it be Xero, MYOB, Reckon-Quickbooks, excel/csv spreadsheets, or just invoices/receipts and bank statements. We have also worked with many industry based accounting systems.

Common taxation services include-

  • Tax Returns and Financial Statements for all entities including Companies, Trusts, Partnerships, Joint Ventures, Sole Traders, and SelfManaged Superannuation Funds

  • Payroll Tax Returns

  • Business Activity Statements

  • Preparation of Group Certificates/PAYG Summaries for employees

  • Tax Planning

InTouch have extensive knowledge in the following business related taxes-

  • Income Tax

  • Small Business Tax Concessions

  • Capital Gains Tax (CGT)

  • -Superannuation Taxes

  • Good and Services Tax (GST)

  • PAYG Withholding & Instalment Tax

  • Fringe Benefits Tax (FBT)

  • Fuel Tax Credits (FTC)

Payroll and Bookkeeping Services

Bookkeeping & Virtual CFO Services – Let us take control of your books and accounts. We can prepare weekly, monthly, quarterly or annual management reports customised to your needs. We also have solutions for easily managing your, debtors, creditors, payroll, receipt storage solutions and much more

Payroll and Employing Staff is a red tape nightmare if not managed correctly. We can help take the burden out of preparing weekly/fortnightly pays to employees whilst ensuring the following obligations are met-

  • Superannuation

  • Payroll Tax

  • Employee Contracts

  • PAYG Summaries/Group Certificates

  • Workcover

  • PAYG Withholding Tax

  • Employee minimum entitlements

Finance

Need Business or Personal Finance for a new vehicle, equipment, factory, home or investment etc? InTouch have aligned themselves with numerous finance providers to help you achieve the best possible interest rate, terms and most appropriate type of loan.

Additional Business Services

Over and above the typical tax services offered by many other accounting firms, we provide an abundance of other business services to help you gain control of your business, improve business profits and maximise personal wealth. Below is a list of other popular services our firm offers-

Service / Package Description Fixed Fee
Structure Advice Should you operate your business or own investments through a Company, Family Trust, Fixed Trust, Hybrid Trust, Partnership or Sole Trader? We will consider tax implications and asset protection strategies and recommend, via a detailed report, which structure is most appropriate for you  $1,100-$11,000
Structure Setup/Establishment
Sole Trader or Partnership Includes ATO registrations being TFN, ABN, GST, PAYG. If business name is required an additional fee of $275 will apply which includes your business name registration & certificate. $330
Company (Pty Ltd) Once you have determined your company name, we do the rest. This fee includes the ASIC registration fee, setup of company, and ATO registrations including TFN, ABN, GST, PAYG & FTC $1,650
Trust Choice of either Fixed/Unit Trust, Family Trust or Hybrid Trust. Also includes Stamp Duty, and ATO registrations being TFN, ABN, GST, PAYG, FTC $1,100
Tax Planning & Minimisation Strategy/Report Want to ensure you are paying as little tax as possible? Most tax minimisation strategies need to be actioned prior to June 30, so in April/May we will estimate your net profit, you likely tax position, and recommend tax strategies in an easy to read report designed to reduce the tax you pay and increase your disposal income. $990 (likely fee)
ASIC Corporate Services We can become your ASIC Registered Agent. Includes handling of your Company’s ASIC obligations such as preparation of annual Solvency Declaration and Minute, assistance with you Annual ASIC Statement, and lodgement of ASIC Form 484 when required. $220 p/year
Due Diligence Report Are you considering purchasing a business or shares/units in a business? Let us evaluate the asking price, performance of the business, risks etc and we will provide a report detailing our opinions and recommendations. Individually Assessed & Quoted
Succession Planning Report Considering winding down or retiring? If you want to maximise your business sale and minimise tax on sale, generally long term planning is critical. Let us develop a plan to make this transition as smooth as possible Individually Assessed & Quoted