Accounting

Accounting, Bookkeeping, BAS and Much More …

Prime Tax Experts offer tailored advice for different types of businesses to ensure you get the most from our service.

Are you not managing to keep up with the day-to-day management of finances for your business as it is growing?

Are numbers not your thing?

Our team at Prime Tax Experts take the edge off tax, investment, payroll and information management, working out the finer details for you so you only have to worry about the bigger picture.

We can recommend the appropriate software for your business, as well as the set-up and maintenance of online client accounts. We offer regular compliance reminders and a reasonably priced business services package tailored to client needs.

Why work with us for your accounting and business needs?

  • • Your accounts are processed faster and more efficiently
  • • You have essential, up-to-date information for business decisions
  • • You can generate easy-to-understand monthly management reports
  • • You spend much less time on compliance issues, freeing you to work on productive business activities
  • • Your GST information is prepared effectively
  • • Your BAS can be lodged by us before the due date
  • • Your accounting records can be ready for us to do your Tax Return as early as July!
  • • Your business and personal finance needs can be efficiently assessed and implemented

We work with individuals who are Australian citizens, residents or those in Australia on temporary visas. We can work with you taking your circumstances into account to ensure you get the best tax return possible.

BAS and PAYG Statements

We have a longstanding history of preparing detailed BAS and PAYG statements for clients and avoiding issues with discrepancies.

Depending upon how much work is involved and whether or not the accounting records are already prepared and in good order our fees vary, but one of our team will be able to discuss our estimated service fee with you in your consultation. Often our clients opt for our annual bookkeeping and BAS service package to reduce costs overall when preparing returns.

Annual GST Returns and BAS’s with GST refunds often attract ATO scrutiny and necessitate a particularly high standard of preparation, which we offer each of our clients every time.

The importance of good record keeping

Accurate, bank-reconciled and reliable accounting records with correctly classified transactions help us greatly when it comes to preparing your returns.

We can then better spend our time identifying opportunities for your tax benefit and formulating valuable advice. This is why a lot of our clients find it worthwhile working with us on every aspect of their financials for their business.

Under tax law if you are running a business you must keep records that explain all transactions and what method you used to derive your estimations. This is fine when all you require is a basic cashbook system, however it can end up taking a lot of your valuable time without accounting experience.

Technology Solutions

As professional accountants with great IT systems (we work with the latest software providers such as MYOB and Xero), we can offer streamlined and efficient alternatives to traditional bookkeeping. Our services aim to save you time and money and gain you the best value from your consultations.

To find out more about our on-going services please contact one of our team today on 02 9369 1623 or make an appointment.