Doing the most to pay the least
Tax and taxation compliance can be major costs for many businesses. By having a tax accountant who is up-to-date with the most recent tax regulations and issues, you can be assured that you are maximising your potential refunds and minimising your costs.
Our staff include a range of skills from highly trained efficient tax return processing staff to complete your returns on a timely, accurate and cost effective basis, to high level specialist Tax and Corporate lawyers as well as Chartered and CPA qualified accountants with specialist qualifications and skills in taxation and superannuation.
We provide Taxation services to individuals and to a range of small, medium and large businesses – whether they are structured as sole traders, partnerships, trusts, companies, consolidated entities or a combination of these.
Areas of Taxation services that we cover include:
- Income Tax planning and return completion
- Capital gains tax
- PAYG withholding (tax withheld from wages)
- PAYG instalments (regular tax instalments paid to the Australian Taxation Office by individuals and businesses which are in addition to tax withheld from salaries and wages)
- GST (Goods and Services Tax), including the preparation of Business Activity Statements on monthly, quarterly and annual basis
- Fringe Benefits Tax
- Payroll tax accounting
- Land tax
- Stamp duty
- Superannuation tax compliance and planning (SMSF)
- Indirect taxes and rebates
- International taxation planning and structuring
All individuals (including sole traders), companies, trusts, self managed super funds and partnerships must lodge a taxation return (or notification that a return is not necessary in the event the entity or individual has had no transactions).
For individuals tax returns have never been easier with our Online Tax Portal. Simply log on to our online portal and answer a few simple questions, and we’ll take care of the rest. This is the easiest and most cost effective online service available in Australia.
Whitehouse Accountants are registered tax agents, providing quick, low-cost tax return services to individuals.
We can advise you on the best way to maximise your returns – whatever your situation. Everyone is different, with different sources of income, investments and expenses, so we can provide advice on the most effective way to claim what you can and ensure that you are not paying more tax than you need to.
The type of return you lodge will be dependant on the structure you operate your business through and the structure you operate your business through will determine the amount of tax you pay and/or the flexibility you have to make choices for tax planning on an annual basis.
Business returns can include one or more of the following forms of tax returns:
- Company returns
- Trust returns
- Sole trader individual returns
- Partnership returns
Business may elect to be part of a consolidated group, or may lodge returns for each entity individually.
We are taxation experts. We can prepare all supporting financial documents and statements, to ensure that you are meeting your tax obligations. We will work with you to ensure that your financial records are up-to-date and that you take full advantage of all tax exemptions and opportunities available to you – no matter what your business structure and we will conduct this as cost effectively as possible to not just reduce your tax costs but also your tax compliance and administration costs as well.
Having the right tax advice can save you $$$
Simply, tax is a cost to individuals and businesses alike and as a registered tax accountant, Whitehouse Accountants can advise you on how best to maximise your returns, or minimise your tax bill. We maintain a team of high level experts within the company as well as utilising specialist consultants if needed, to ensure you receive the highest level of advice and the greatest opportunity to reduce tax costs at all times.
BAS or Business Activity Statement reporting can be a time-consuming task for any business
It is essential that what you report is accurate and does not vary from end of financial year reporting as the ATO often match these two reports to ensure your records are accurate prior to determining who they should audit or review.
We can submit your BAS electronically for you whether it is prepared by your bookkeeper or by you personally or alternatively you can use our low-cost bookkeeping service who will assist you maintain accurate records, not just for management and business decisions but also for planning and reporting requirements.
All BAS lodged by us obtain a tax agents extension of time for lodgement and payment allowing you more time to prepare returns and most importantly, to make better use of GST and PAYG cash withheld to your own benefit – for example you may apply the money’s held against a loan that has a redraw facility, to reduce interest costs.
Our specialist tax staff can also assist with GST queries.