Frequently Asked Questions
Find answers to common questions about our services
Tax Returns
For personal tax returns, you will need your PAYG payment summary (or income statement via myGov), bank statements, receipts for deductions, private health insurance statements, and any other income records. For business returns, additional financial records are required.
General
Our fees vary depending on the complexity of your situation. Personal tax returns start from $250, while business accounting packages are tailored to your needs. We offer a free initial consultation to discuss your requirements and provide a fixed-fee quote.
Yes! We provide full online accounting services using cloud-based tools like Xero, MYOB, and secure client portals. We work with clients across all of Australia, not just Queensland.
We recommend at least an annual review for personal tax. Business clients benefit from quarterly meetings to review performance, plan for tax obligations, and adjust strategies. Complex situations may require more frequent contact.
Business
BAS (Business Activity Statement) is the form used to report your GST, PAYG withholding, and other tax obligations to the ATO. GST (Goods and Services Tax) is the 10% tax added to most goods and services. You report GST as part of your BAS.
Absolutely! We provide complete business setup services including company registration, ABN application, tax file number, GST registration, business structure advice, and ongoing accounting support. We help you start on the right foot.
The R&D Tax Incentive requires registering your R&D activities with AusIndustry, maintaining proper documentation, and lodging a claim with your tax return. We help identify eligible activities, prepare documentation, and maximize your claim.
The best structure depends on your income, assets, risk, and growth plans. Common structures include sole trader, company, trust, and partnership. We provide tailored advice to help you choose the right structure for your situation.
SMSF
While not legally required, we strongly recommend using a specialist SMSF accountant. SMSFs have complex compliance requirements including annual audits, tax returns, and regulatory reporting. An error can result in significant penalties.
Tradies
As a tradie, you can typically claim tools and equipment, vehicle expenses, phone and internet, work clothing and protective gear, union fees, training courses, home office expenses, and travel between job sites. Keep all receipts!