AJML Tax Services Pty Ltd –

Our clients choose AJML because we take a responsible and caring approach. By partnering with us, clients can focus on their core business and enjoy peace of mind and greater business achievements – while we take care of the rest. Working predominantly with small business and individual clients, our services blend integrity and traditional values with forward thinking, flair and flexibility. We strive to provide prompt service, while our staff exhibit delightful personal enthusiasm in handling client affairs.

Services in a traditional accounting firm:

• Financial accounts and tax return, compliance with the latest Australian laws
• Clients pay minimum amount of tax required – legally

In addition to the above, we proactively add value with the following:

• Tax plan and improve clients’ tax affairs long term
• Find ways to increase clients’ income and protect their wealth
• Find other savings besides tax
• Improve clients’ cash flow long term to increase passive income
• Meet clients’ objectives
• Sales, marketing and Business Development advisory
• Open door policy – where any issues can be discussed.

SERVICES

ACCOUNTING

Looking for a reputable chartered accountant who cares about their clients, constantly look for ways to add value and improve?

Building on a secure foundation of professionally qualified and experienced public accountants in taxation and financial reporting, AJML Group have developed a distinctive and personalized approach to cater more effectively to your needs as either an individual or SME.

We are ready to assist you with:

• Preparation of financial statements for companies, trusts, partnerships, self managed superannuation funds, and sole traders for statutory and management reporting
• Profit and loss statement
• Balance sheets
• Cash flow statements
• Developing and maintaining financial ledger and accounting systems
• Financial forecasting and budget plans
• Cash flow advice
• Asset protection advice
• Retirement planning advice
• Investment property advice
• Maintenance of fixed asset register
• Accounting advice
• Journal entries

TAXATION

What would you do with even further savings off your tax bill?

Our team of Certified Practicing Accountants (CPA) and experienced taxation specialists will work closely with you to legally and fairly reduce your tax through identifying all possible tax refunds, offsets, rebates, and maximize your allowable deductions.

We specialize in:

• Income Tax Returns for the folowing
• Tax planning
• Income tax advice
• GST advice
• Rental property reporting
• Electronic lodgement
• Business Activity Statements
• Instalment Activity Statements
• PAYG tax withholding
• Shares
• Depreciation
• Negative gearing
• Capital gains tax
• Taxation and audit of self managed superannuation funds

TAX PLANNING

• to arrange your financial affairs so as to keep your tax to a minimum
• to identify potential tax deductions and rebates
• to Keep you ahead of legislation changes and development
• to assist you with meeting your compliance and reporting requirements
• on planning ahead to minimise capital gains tax
• to help plan the tax-effective sale or wind-down of your business
• to utilise family tax planning such as income splitting
• to set up the right structure, including international structures
• to help with asset protection considerations

BOOKKEEPING

Our caring culture and attentive service make us the ideal partner for all your bookkeeping needs. We prepare necessary financial reports to assist your tax agent in your tax planning and tax return lodgment requirements, as well as address all areas of operational bookkeeping.

These include:

• Business Activity Statements (BAS)
• Installment Activity Statements (IAS)
• General Ledger
• Good and Services Tax (GST)
• Wages
• PAYG income tax installment
• PAYG tax withholding
• Accounts Payable
• Accounts Receivable
• Payroll

SELF MANAGED SUPERANNUATION FUND

Superannuation is the way most Australians save money to retire. Usually, you start saving for your retirement when you start work and your employer pays super for you the ‘super guarantee’.

Generally,thee are three ways you can save your super:

• Australian Prudential Regulation Authority (APRA) regulated super funds (your super is pooled together with large numbers of other members and the fund professionally managed by trustees in compliance with superannuation law. This is where most people have thei­r employer paid super).
• Retirement savings accounts (you have your own special deposit account with a banker other deposit taking institution. These are not commonly held).
• Self-managed super funds (SMSFs) (you are responsible and the trustee of your own fund and need to comply with super law and make your own investment decisions).