TAX SERVICES

Tax Returns & Financial Statements

Income tax returns for individuals, partnerships, companies, trusts and self-managed super funds. 

We advise, prepare and lodge accurate and timely returns ensuring you are meeting obligations whilst legally minimising your tax bill. 

Fringe Benefit Returns

Are you liable for Fringe Benefits Tax?

 

The Fringe Benefits Tax (FBT) is the tax businesses pay when providing fringe benefits to an employee or an associate. It is a tax designed to ensure employees do not get a benefit instead of receiving additional wages. 

Benefits can include private use of company cars, loans granted, expense payments, entertainment, car parking, staff parties, gym memberships and more. 

The ATO has issued a number of tax rulings affecting the 2018 FBT year. FBT rules change regularly, it’s important to understand your obligations each year to get your FBT return calculated correctly.

 

At Leap, we can help with advice and preparation for all your FBT needs. Our taxation specialists will work closely with you to help minimise the tax payable in full compliance with current ATO regulations.

Taxation Advice 

Have you considered the tax impact?

 

Tax legislation and environment are everchanging, before making that critical business decision, it's important to check with a trusted advisor. Experienced tax advisors for individuals, partnerships, trusts, startups, companies and superannuation funds. Leap offers an extensive range of advice on all aspects of Australia taxation. Our advice doesn't just focus on the finances, we take the time to know how your business operates.

 

Our tax advice is designed to meet your business needs. 

 

The likely issues requiring tax advice:

  • Change in ownership or structure

  • Trusts

  • Selling a business or asset 

  • Acquiring a business or asset

  • Expanding into overseas markets 

  • Concessions on small business capital gains tax 

  • Employee share schemes 

  • Government funding 

Self Managed Superannuation Fund (SMSF) Compliance 

We can help you decide

If you’re thinking about an SMSF but not sure whether it’s right for you we can help you decide. And if it’s the right way to go, we can help you to:

 

Establish your SMSF

  • Prepare your SMSF’s trust deed

  • Complete and lodge your ATO application forms

  • Provide trustee declarations

  • Complete binding death nomination forms that provide guidance on how members want their assets distributed

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Administer your SMSF

  • Prepare and lodge your SMSF’s annual income tax and regulatory returns

  • Prepare your SMSF’s annual financial statements

  • Prepare all necessary minutes of meetings

  • Prepare all paperwork required to start and administer pensions within your SMSF

Invest in your SMSF through:

  • Property investment

  • Listed shares

  • Bonds

  • Listed Investment Companies

  • Managed Funds

  • Exchange Traded Funds

  • Limited Recourse Borrowing

© Leap Accounting Solutions 2018 | Designed by Crystal Potter

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(02) 8001 6175