TaxSmart Accountants

taxsmart® is a national network of independent accounting firms offering professional accounting services to individuals and business owners.

With more than 50 accounting practices making up the taxsmart® network across Australia, you can find a taxsmart® accountant near you.

taxsmart® was founded on experience and reputation in the individual and small business sectors. taxsmart® Accountants currently have offices located in Sydney, Melbourne, Brisbane, Adelaide, Perth, Cairns, Gosford and the Gold Coast.

taxsmart® was established in 1999 as one privately owned CPA Practice.

Collectively the taxsmart® Principals provide a broad range of services including:

♦  Accounting & Business Advisory Services
♦  Taxation Services
♦  Property Lending Services
♦  Migration Services
♦  Self-Managed Super Fund Services.

taxsmart’s® strategic objectives are to:

♦  Promote organic growth within its network of independent accounting firms by developing a best practice accounting brand and systems
♦  Pursue growth by adding quality new franchise members to the taxsmart® network
♦  Join with new financial services partners who share our goal of delivering outstanding quality services and advice to clients, and
♦  Become Australia’s largest network of stand-alone accounting practices, utilising leading edge technologies to deliver uncompromising professional service offering

Taxation Services

xation ServicesWe regularly deal with a broad range of personal and corporate taxation issues and make a point of understanding the individual needs of every client. Whether you need advice on company tax, personal tax effectiveness or indirect taxation including CGT and GST, our team will identify the best solutions for you.

Our taxation services are available Australia-wide and include:

♦  Preparation and lodgement of taxation returns

♦  Capital gains taxation planning

♦  Tax planning and minimisation

♦  PAYG and superannuation compliance

Our experienced accountants are Australia-wide, with offices in Sydney, Melbourne, Brisbane, Adelaide, Perth, Cairns and Gold Coast. Call us on 1800 829 272. We would be delighted to meet with you to determine how you can make best use of our expert accounting services.

Our initial consultation with small business is free.

Accounting and Bookkeeping Services

In these constantly changing times, you can rely on our Australia-wide business services team to be expert and up-to-date with your business matters.

Whether your concerns are taxation, accounting, business planning, cashflow and budgeting, or business valuation, rest assured that our experienced accountants are available to advise you.

Our integrated accounting and compliance services include:

♦  Preparation of annual accounts

♦  BAS Preparation

♦  Full time or periodic bookkeeping services

♦  Maintaining PAYG and GST records and associated returns

♦  PAYG and superannuation guarantee compliance

♦  Self-assessment advice

♦  Cash flow analysis

♦  Comprehensive account management

Many businesses still do not fully appreciate that bookkeeping and accounting go hand-in-hand.

We treat your regular bookkeeping as an integrated part of our accounting services that functions more efficiently when it is combined with our comprehensive accounting knowledge.

If your bookkeeping is not carried out by your accountant, it should at least be carried out with their professional guidance and regular “health-checks”.

Many clients go to their accountants with books from their chosen bookkeeper that are:
♦  Incomplete, not properly reconciled and out of date – causing delays with yearly tax accounting;

♦  Unorganised and hard to decipher for yearly accounting;

♦  Inaccurate – potentially creating errors in yearly account reporting.

This can put the business at a very high risk as there is often no professional review of the accounts for up to nearly two years until the annual accounts can be finalised.

Regular checks by your taxsmart® accountant ensure that all key indicators are reviewed and matters that can lead to severe damage to, if not total destruction of, the business are picked up and action is taken in a timely manner.

Opportunities to build on and improve business performance can also be better identified through regular reviews so they can be taken advantage of before it is “too late”.

If your accounts are not regularly reviewed, your accountant must spend extra time (and your money) on deciphering the information, before finalising your yearly accounts.

And your taxsmart® accountant is fully experienced to save you more money by working with you through the MYOB AccountRight Live environment – a new era in client-accountant collaboration.

Our experienced accountants are Australia-wide, with offices in Sydney, Melbourne, Brisbane, Adelaide, Perth, Cairns and Gold Coast. Call us on 1800 829 272.

We would be delighted to meet with you to determine how you can save money and be put at less risk by making best use of our expert accounting services.

Our initial consultation with small business is free.

Self Managed Superannuation

By taking control of your superannuation using a Self-Managed Super Fund (SMSF) you can expect to enjoy the following benefits:

Control
SMSF assets are totally under the control of the Trustees. The Trustees are responsible for taking all decisions on where to invest the assets, whether its investment property, shares, a Managed Fund or term deposit.

In other words, control lies in the hands of those who actually put up the money – you!

Low Tax
At fifteen per cent, SMSFs have one of the lowest tax rates of any entity in Australia. The great thing is that the SMSF tax rate can be reduced even further by offsetting other tax credits. SMSFs are allowed to control exactly when assets are disposed of.

Therefore, if a SMSF acquires an asset today and it appreciates by $1,000,000 by the time the members retire, it can be rolled over to an allocated or complying pension fund and there will be 0% tax to pay on the realised capital gain of the asset in question.

Easy set-up
taxsmart® Accountants can set up your SMSF quickly and from just $699, making it easy for you to start a SMSF.

Low Fees
A SMSF with taxsmart® Accountants provides you with an extremely competitive fixed-fee structure with certainty on the costs of operating your Fund.

Asset Protection
In the unfortunate event of bankruptcy, assets belonging to SMSF members are generally protected from creditors.

Retirement Income Control
An SMSF provides the highest level of flexibility and control over the distribution of benefits in retirement, whether you wish to take your superannuation benefits in one lump sum, continue to invest, or receive it as a pension, it’s entirely up to you.

Pool Together Family Members’ Superannuation
Designed for a Trusteeship of four or less, SMSFs are a great option for a family of a husband, wife and two adult children who wish to pool their superannuation together to buy investment property

Super is a great way to provide tax effective life and disability insurance for today’s needs!

You can also protect your family by having income protection within your super.

Top Reasons to love your Self Managed Super Fund:1. Most funds have more than $250,000 in assets
2. Most outperform large super funds
3. Many trustees are confident they can meet retirement goals
4. The SMSF sector continues to grow
5. SMSF trustees are more conservative in the current economic client

Home and Refinancing Loans

taxsmart® uses eChoice to assist you to find the most suitable loan for you at the most competitive rate.

eChoice is part of FirstFolio Limited (ASX:FFF) a publicly listed company on the Australian Stock Exchange. FirstFolio manages about $21 billion worth of loans and it is one of Australia’s leading independent mortgage services companies.

♦  eChoice compares 25+ lenders and 100+ home loans, including the big 4 banks

♦  eChoice finds the lowest interest rate available to you

♦  You find out how many loans are available to you

♦  New Loans  ♦  First Home Buyers  ♦  Refinancing  ♦  Investing

♦  You find out how much you can borrow

♦  It’s quick!  ♦  It’s easy!  ♦  It’s totally free!

♦  Request an eChoice Consultant call you from the “Enquire Now” form on the right

♦  Or, take just 3 minutes to complete the form above to get your instant free report

♦  Or, browse our indicative rates and compare between them or to your own current rate