Tax and Accounting

business accountings

Business Accounting

If you have just ventured out into the business arena and want someone professional to look after your accounting needs or even if you have been in the field for years and are looking for someone reliable to take care of your bookkeeping and financial accounting needs then Business Square is the one for you.

We believe, in your success lies ours, and we are here to help your business thrive to next level by offering top-notch, reliable accounting services. The services that we offer involve maintaining Bank Reconciliation Statements, Accounts Payable and Receivable and Financial Statement Preparation. You can opt for Cloud based software for ease of use and data integrity.

taxation

Taxation

As much as complex the taxation is, we are here to tackle the complexity of it with right professional approach also while mitigating the risks to the maximum extent possible. So be it for your business or even personal accounts we go to extreme ends in offering the solutions that suits you the best.

We offer below taxation services:

  • Capital Gains Tax
  • Fringe Benefits Tax
  • Goods & Services Tax
  • Direct & Indirect Taxes
  • State Taxes (Including Payroll & Land Tax)
tax-return-preparation

Tax Return Preparation

At Business Square we aim to make your annual income tax return preparation and filing a simple and straightforward experience. We take the time to explain the tax regulations and step by step process of completing your return. We use simple terms to help you understand your tax situation and the effect of certain decisions on your tax returns in order to avoid paying more tax amount than you should.

We provide Tax Return Services for following:

  • Individual Income Tax Return and Partnerships
  • Companies
  • Trusts
  • Self-Managed Superannuation Funds
  • SMSF Member Contribution Forms
  • Monthly, Quarterly & Annual Business Activity Statements
  • Monthly, Quarterly & Annual Instalment Activity Statements
  • Fringe Benefits Tax Returns

We at Business Square provide you with personalized services based on your individual needs. Contact us

Tax Lodgement

Tax Lodgement

At Business Square our team of expert tax professionals provide tax lodgement services for both personal and corporate taxes. Whether you are a small business which has to ensure that your financial and tax records are maintained according to the Australian Taxation Office (ATO) regulations we can help you avoid costly mistakes. Our tax advisors can also reduce the stress and costly penalties of non-filed tax returns and back taxes.

We provide specific tax Lodgement services to cover:

  • Individuals
  • Partnerships
  • Companies
  • Trusts
  • Self-Managed Superannuation Funds
  • SMSF Member Contribution Forms
  • Monthly, Quarterly & Annual Business Activity Statements
  • Monthly, Quarterly & Annual Instalment Activity Statements
  • Fringe Benefit Tax Returns
  • Amended Returns, if required
  • GST, PAYG Withholding and ABN Registrations
Reporting

Reporting

At Business Square we know that what you need to keep your business going. We help you track, analyse and report your business income. Reporting is vital to understand your cash flow, business performance and financial health of the business. The ultimate aim for us is to help you and your partners make informed decisions about how to manage business efficiently and effectively.

We aim to assist you with efficient record keeping and generate requisite financial statements as per required frequency (daily, weekly, monthly, half-yearly, annually).

We provide following financial report statements:

  • Profit and Loss Statement
  • Balance Sheet
  • Depreciation Schedule
  • Cashflow reporting

For efficient reporting services contact Business Square Contact Us

Business Restructuring Services

Business Restructuring Services

At Business Square we can provide a range of restructure advisory services to minimise risk & maximise opportunities. We can help set your business for success, right from start.

We can help out defining the right structure for your business whether it is sole trader, partnership, company and family (discretionary) trust. We consider the current tax position of all stakeholders and the risk profile of the industry prior advising on the right structure for your business.

We can also assist you in managing cash flow or preparing budgets and forecasts for your business. In brief we can help with

  • Restructure (sole trader, partnership, company and family (discretionary) trust)
  • Budgets and forecasts
  • Assistance with cashflow management
  • Strategic and commercial planning

Get in touch with us