Owning and running a business entails a host of obligations and responsibilities, so it’s easy to find yourself caught by surprise come the end of financial year. Unfortunately, this doesn’t change the fact that, as a business owner, you are obliged under Australian law to prepare your financials and annual company returns for lodgement with the ATO each year. Fulfilling these obligations is a complex task, regardless of whether you own a small business that’s been founded recently or a well-established company with ongoing growth.
Giving your business a leg-up with smart tax returns
Many things can affect your business tax returns, including how your business is structured. From sole traders to partnerships to trusts to companies, the type of entity you own may have a large impact on how you can maximise deductions and minimise payables. This can be particularly confusing come tax time if you have undergone a restructuring throughout the financial year.
Despite the complexities of Australia’s taxation system, your business can gain a huge advantage by preparing annual financials in a way that takes the biggest possible advantage with respect to your obligations under the law.
Prepare your return with expert support
The accountants and business advisors at PJT can prepare your business tax returns, irrespective of the entity structure you use in running your business, and lodge these on your behalf. Whether it is GST, income tax, capital gains tax, payroll tax or anything else, we focus on legally maximising your potential given your financial circumstances and obligations.
We can liaise with the ATO should special dispensation be required such as payment arrangements, and if you are new to PJT and we are reviewing your accounts for the first time, we will review your last annual return to ensure all is in order and you’re only paying the tax you are legally obligated to. If amendments are required, we can manage and lodge these with the ATO on your behalf. All in all, that means less tedious work for you and more peace of mind.
Trusted Throughout Brisbane and the Sunshine Coast
From business tax returns to due diligence, we pride ourselves on being the accountants and business advisors of choice for so many of our clients throughout Brisbane and the Sunshine Coast. We understand the issues you face as a business owner and will take the time to ensure we can clearly recognise where your business is now and where you want it to be. Every service we offer is tied in with achieving your short and long-term goals, which we accomplish by equipment you with all the necessary knowledge to take control of your business.
Talk to PJT's specialists today about how we can help you with your business tax returns and any other services you require. You can also give us a call on (07) 5413 9300 to make a general enquiry, but remember: we offer a free, no-obligation consultation to assess what we can offer to meet the unique needs of your business.
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,