In spite of various attempts to reduce red tape and to simplify our tax system, there is a substantial amount of compliance work that must be attended to in even a small business. Completion and filing of Business Activity Statements (monthly or quarterly), remitting PAYG withholding (usually monthly), lodging monthly payroll tax returns, keeping WorkSafe in order and of course complying with ASIC’s requirements are just some of the compliance tasks of the average business.
And then of course there is the preparation of the income tax return, fringe benefits tax return and attending to annual employer obligations with the ATO.
We are especially skilled in ensuring that businesses keep up-to-date with their compliance obligations. And we have systems and processes that mean we do this efficiently and on time.
So if you would like to take better control of the compliance needs of your business, speak with one of our Business Advisory managers about how we can assist you.