Tax Compliance

Every business in Australia has the responsibility to abide by the county’s taxation, BAS and superannuation rules.

As these often involve complex bookkeeping methods, your business will be needing a little help from Tax Accountant who are experts on the matter.

Focal Bookkeeping are Tax Accountants that can assist you with complying with these mandatory reports, making sure that these are accurate and are true representation of your business’s financial records for the year.

We are registered tax agent in Melbourne West, assisting all clients with their taxation requirements. Our Tax Accountant can also help if you have fallen behind in lodging your tax return.

Focal Bookkeeping will help you keep ATO Compliant

Business Activity Statements (BAS)

If your business is registered for GST (goods and services tax), you are required to lodge a business activity statement (BAS) to the Australian Tax Office.

Due to the complexity, we can assist you in preparing your BAS including the following:

goods and services tax (GST)
pay as you go (PAYG) instalments
PAYG withholding tax
other taxes

In submitting your BAS, you have to make sure that all information stated is correct. With our help, we will ensure that we have all the accurate info to avoid nasty penalties.

Also, depending on whether you are lodging your BAS monthly or quarterly, you have to make sure you make your payment on time.

Apart from working on your BAS, we can take care of submitting the statements to the ATO on your behalf whenever deadlines arise.

Superannuation

As arranged by the government, businesses have the responsibility to contribute to their employees’ superannuation fund.

A Superannuation or “super” fund is meant to be reserved for the employees’ retirement in the future.

Business owners or employees are required to contribute a minimum of 9.5% of an employee’s ordinary time earnings. And these contributions are referred to as “superannuation guarantee”.

For some businesses, working on their employees’ superannuation, most especially if they have a significant number of staff can be an additional bookkeeping responsibility that they simply do not have the time nor the head for.

Let Focal Bookkeeping keep you on top of your superannuation obligations!

We will make sure you that your superannuation responsibilities are fulfilled accurately – for the sake of the business and your employees. We’ll help you avoid paying hefty fines for any error in super contributions.

Also, we will make sure that we have the following so that we can correctly calculate and report the business’s super contributions:

Super guarantee records
Choice of super fund records
Super guarantee reporting requirements

Business tax

Business taxation in Australia depends on the type of business you run and the number of employees you have.

As taxation needs to be very accurate and meticulously detailed, we can assist you with making sure your tax statements are correct and error-free, saving you from a bigger headache down the road.

We ensure that come tax season, your tax return is ready for submission! Having taken account all of your business’s financial transactions correctly and accurately, tax is one less thing you need to worry about when you engage Focal Bookkeeping services as your Tax Accountant.

We are registered tax agents and assist all people with their taxation requirements. We can prepare and lodge your tax return.

We can also help if you have fallen behind in lodging your tax return.

As tax consultants we can help you to legally minimise your tax.

Small to medium businesses, including contractors – we can assist you in managing your business tax and accounting needs in order for it to grow.

Tax Compliance

Focal Bookkeeping will help you keep ATO Compliant

Business Activity Statements (BAS)

Superannuation

Business tax

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