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.
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
Selling a business or asset
Acquiring a business or asset
Expanding into overseas markets
Concessions on small business capital gains tax
Employee share schemes
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
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