ACCOUNTING & TAXATION
The Bottrell team are a group who specialise in accounting and tax for both individuals and businesses, as well as super funds. We support our clients and form strategies on both a personal and business basis, to ensure goals are achieved. Whether you are simply after an individual tax return, or you are a business looking for BAS assistance, the Bottrell team has professionals ready to help!
Below are some of our services we provide:
INDIVIDUAL TAX RETURNS
We have on-hand tax experts who are available to meet in person. This ensures that you receive the best tax refund possible.
TAX FOR BUSINESSES
No matter your business structure, you will have certain obligations to the ATO throughout the financial year. The Bottrell team can ensure you abide by all obligations, and ensure all reports are lodged on time.
This is a tax that you are required to pay on any capital gain earned on the sale of an asset such as a property. CGT applies to any asset obtained after 19 August 1985.
TAX EFFECTIVE STRUCTURING
There is a range of factors to be considered when choosing business structure and these will vary according to each case. It is important to collect all the information necessary to ensure that all the relevant factors are considered.
If you own the property, the Australian Tax Office allows you to offset the property’s loss against your other revenue streams. This means that expenses associated with your investment property may be claimed as deductions to reduce your tax liability.
GST & BAS ASSISTANCE
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. The business activity statement (BAS) is a tax reporting requirement for businesses issued by the ATO on either a monthly or quarterly basis, where GST is included.
If you are owing a debt to the ATO, we can assist with the management and negotiation of a suitable payment plan. This ensures a reduction in financial stress, while abiding by the taxation office.
Cloud accounting systems, such as Xero and MYOB, are streamlined accounting systems for the modern world. We can assist in set-up and ongoing support to ensure you business serves all obligations to the ATO.