We help with all aspects of tax and accounting, for your peace of mind.

BUSINESS > ACCOUNTING & TAX

WE HELP WITH BUSINESS TAX & ACCOUNTING TO ENSURE THE SMOOTH RUNNING OF YOUR BUSINESS

 

WHAT WE DO

Here are the main areas of assistance we offer:

ACCOUNTING & TAX

Each year all businesses, regardless of size, must prepare financial statements and lodge income tax returns.

At MSI Taylor, we understand that current, reliable accounts are critical to running a successful business. Simply gathering the information in a few hectic days prior to 30 June is no longer sufficient.

Quarterly financial statements aligned with quarterly business activity statements (BAS) lodgements, allows us to monitor how your business is progressing throughout the year.

Other areas we can assist in:

  • Financial statement preparation
  • Individual and business tax returns
  • GST preparation and advice
  • Payroll preparation and advice
  • Budgeting and cash flow preparation
  • Trust advice and financial statements
  • Software and IT system recommendations, installations, customisations, training and support. As an authorised supplier of Xero, QuickBooks and MYOB software we can provide assistance with all aspects of the products.

 TAXATION

With the ever-changing horizons concerning tax and other legislation, it is vital businesses operate through the most effective business and investment structure.

We can assist in:

  • Income tax preparation, review & planning
  • Capital Gains Tax (CGT)
  • Fringe Benefits Tax (FBT)
  • Tax audit defence strategies
  • Negotiations with revenue authorities

We can help with a wide range of indirect tax issues and obligations, including:

  • Land tax stamp duty
  • Goods and services tax
  • Tax audit defence strategies

Do you have Employment Obligations? We can assist with:

  • Fringe benefits tax
  • Payroll tax
  • Work cover
  • Superannuation guarantee

BUSINESS RE-STRUCTURING & ANALYSIS

Change is imperative as a business moves through different stages. Our specialist team works with you through these various phases of the business life-cycle.

Reviewing your business structure to ensure it is optimal for your circumstances is an important part of this process.

Some things to consider are:

  • taxation, both state and federal,
  • liability issues and
  • future business plans.

TAX PLANNING

Tax Planning is one of the key services we can provide.

A crucial but often overlooked strategy that, if well executed within the boundaries of the current legislation, can mean the difference between meeting your tax obligations and being totally unprepared. No one wants to find themselves scrambling for funds to pay an unexpected tax debt.

Having a strategy in place requires specialised knowledge of taxation legislation, the ability to formulate action plans, and the skills to provide advice in clear terms which will enable you to make a decision.

Chat with us today to get personalised tax and accounting support for your business.