Taxation

Maximise Refunds, Minimise Tax Burdens

Tailored Tax Accounting Services

At Verus Accountants, we pride ourselves on providing personalised tax accounting services that meet the unique needs of our clients. Whether you’re a business owner or an individual seeking expert tax guidance, we offer comprehensive solutions tailored to your specific situation.

Business Tax Accountant

Running a business involves numerous tax obligations and complexities. Our dedicated business tax accountants specialise in understanding the intricacies of corporate taxation. We assist you in optimising your tax structure, managing payroll tax, fringe benefits tax, and Goods and Services Tax (GST), and ensuring accurate financial reporting.

Our team at Verus Accountants are made up of Chartered Accountants, which means we have greater qualifications and experience that allows us to work better than general accountants to work with businesses.

  • Business Tax Returns (preparation and lodgement of the following tax returns; company, partnership, trust, super, and sole trader).
  • Preparation of profit and loss, and balance sheets. 
  • Preparation of ABAS Statements for businesses.
  • Bookkeeping and accounting.
  • Cashflow projections, forecasting and budgeting advice. 
  • Minimising tax liabilities within ATO. 
  • Preparation and lodgement of fringe benefits tax returns.
  • Advising on software systems for Accounting ( MYOB, Quicken, Spreadsheets, SAP, etc).
  • Maintenance of Payroll System.
  • Arranging tax audit for companies.
  • Arranging audit for Super Funds.
  • Advisory in relation to Business development and growth.
  • Fulfilling ASIC compliance requirements.
  • Comprehensive tax planning.

Verus Accountants also provide business advisory services to help businesses reach their financial goals.

Personal Tax Accountant

Our personal tax accountants are well-versed in handling the tax affairs of individuals like yourself. We take the time to understand your financial goals and devise tax strategies that align with your objectives. Whether you need assistance with income tax returns, investment property deductions, or capital gains tax, our personal tax accountants are here to provide expert advice and minimise your tax burden.

  • Personal Tax Returns (preparation and lodgment of income tax return).
  • Advice on various deductions and rebates available.
  • Preparation of BAS statements.
  • Maintenance and finalisation of accounts.
  • Tax planning advice
  • Advice on fringe benefits tax and superannuation.
  • Preparation of investment property returns.
  • Preparation of tax returns pertaining to other investments. 
  • Preparation of tax returns pertaining to investments and foreign source income. 
  • Refunds of tax returns. 

Our Solutions 

Learn more about our services and solutions to aid you in your business endeavours.

 

Business Set Up

Get your business or start-up set up with personalised support. Our business advisory accountants have extensive experience in setting up businesses’ bookkeeping digitally, structuring businesses to avoid unnecessary tax obligations, and accessing Government grants if any are available to our clients. 

We also help new businesses create KPIs to help benchmark their future development.

SMEs

We’re here for small and medium enterprises. As chartered accountants, we have a lot of experience offering small business advisory services to many SMEs and therefore have our finger on the pulse of what local businesses that employ under 250 people need. 

We offer a personalised service, with customisable packages to give you the most value. So you can customise your accounting coverage on the types of support you most need.

Family Businesses

We’ll help you grow your business while putting strategies in place to protect your personal and family assets in the case of bad events.

Business Strategy

Get help setting up KPIs, benchmarks, and managing financial risks with a business advisory plan for growth. 

  • Independent Strategy Reports
  • Board Advisory
  • Financial Modelling


Budgeting, Profitability and Cashflow

Get on top of where the money goes in your business. Ask our business advisory accountants for assistance in analysing your cash flow and setting out new budgets in a new business advisory plan.

Virtual CFO

For larger enterprises and SMEs that need more support. Get assistance from a virtual CFO on call to provide strategic planning and advice on demand. We’ll act as your go-to person to answer all your questions.

Business and Tax Structuring

Structure your business to best protect your assets, make the most of incentives and deductions, and avoid paying more than you have to in taxes. With our CA’s support as your business structure advisor, you can find opportunities to make investments in your business that reduce your liabilities.

Business Acquisition & Mergers

Our CAs can help you do your due diligence. Get business acquisition advisory support to analyse the business’s records and conduct market research to value a company or share.

  • Preparation of Transaction Documents
  • Valuations & Due Diligence
  • Business Structuring
  • Business Exits & Successions


Tax Compliance
We’ll assist you with streamlining your record-keeping to streamline meeting your business’ tax obligations.

Asset Protection

Protect your business and personal assets from creditors, insolvency or divorce. Our business advisory accountants can help you set up and structure strategies to protect your assets like a Trust.

Technology Support

Migrate to cloud-based solutions to keep your payroll, bookkeeping and other financial records in one place. Verus can help your business make the move. Our business advisory accountants havewith specialised IT knowledge.

Other

  • Business Compliance
  • Business Sustainability
  • Strategic Planning
  • Financial Diagnostic Analysis
  • Profitability and Cash Flow
  • Reliance on Key Individuals