Taxation Compliance

Tax planning and preparation form a winning combination for our business clients. Regardless of your structure our experienced staff can develop strategies that take advantage of new tax laws and legislation.

By keeping current on new tax laws and legislation, we are in the position to identify key tax planning opportunities that minimise both your current and future tax liabilities.

We provide our business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

  • Preparation and electronic lodgement of annual taxation return for all types of business entities
  • Providing pro-active advice on legitimate tax planning strategies
  • Advice and assistance on director loan accounts to avoid sever tax penalties
  • Assistance with Taxation Office audits and questionnaires
  • Assistance with state taxes issues, including land tax, payroll tax, stamp duty etc

Management Accounting

It may not be practical or cost effective for small business to employ its own internal accounting or bookkeeping staff.

At Axis Accounting we are able to provide a solution to this problem by providing you with flexible management accounting service that attends to the preparation and controls all aspects of the accounting function within your business without the need for internal accounting staff.

This includes bookkeeping, accounting, statutory reporting, management reports, financial review and regulatory compliance. These services can be performed at your business premises or at our office on weekly, fortnightly or monthly engagement basis depending on your business needs.

GST – BAS & IAS Preparation

Struggling with the burden of lodging your BAS & IAS on time whilst trying to run your business? Contact us to get one of our experienced staff members working on your business so that you can concentrate on more important issues.

With increased tax office investigations of business in the area of GST it may be the right time to have one of our tax experts come to our business and conduct a GST review to ensure that you have been making the correct claims.

We perform the following services in this area,

  • Attendance to the review of information, preparation and lodgement of monthly, quarterly and yearly BAS and IAS with the ATO
  • Conduct a review of your GST claims to ensure correct claims
  • Assistance with any GST related audits initiated by the ATO

Financial Planning

Successful implantation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. Our network of financial planners can assist you in this process.

Bookkeeping

Axis Accounting can provide the following bookkeeping services:

  • Temporary bookkeeping services (short term until you find permanent staff)
  • Contract bookkeeping services (once a week/month/quarter)
  • Training your staff to improve their bookkeeping skills

Bookkeeping service s can be provide using the most computerised accounting systems such as MYOB, Quickbooks , Leap Accounting etc. This service can be provided our staff onsite at your premises or at our office if all information required is provided to us.

Business & Tax Effective Structure Setup

For small business setting up the right business structure at the start can be the most important decision you make. We are able to advise on the best structure to meet your needs including companies, partnerships, trusts and joint ventures.

As your business grows it is also important to protect your assets and minimise your tax. We can also assist you to re-organise your structure in a tax effective manner.

Auditing & Assistance with External Audits

The Axis audit team has a wide range of experience auditing and assisting clients with external audits and audit requirements such as Workers Compensation Audits, Cash Industry & Benchmark ATO Audits, State Governmental Department Audits and various ATO compliance audits such as GST and income tax.

Concerned about risk or fraud within your business, the Axis team is able to investigate and forensically examine transactions to make sure that they are bona fide to guarantee your personal and business assets are secure.

Assistance with insurance

Our experienced network of insurance brokers has the ability to assist you with all your business and personal insurance requirement such as

  • Workers compensation insurance
  • Business & Public liability insurance
  • Key person insurance
  • Income protection insurance
  • Audit insurance

Succession Planning

We all talk about business success, but what about business succession?

Who is going to manage the business when you are not there? How will ownership be transferred? Will your business even carry on or will you sell it?

Successful business succession is about planning ahead and taking a considered, strategic approach to you business exit. It’s a process that helps protect you the business owner, your family, employees and business when expected or the unexpected situations surface.

Axis Accounting can provide expert guidance to cover all contingencies, assist you to manage any unforeseen ricks that could compromise your business value, avoid costly disputes and help you exit your business with the outcome you really want.

Don’t leave succession planning too late – without it the value in your business could retire too!

 

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