Tax & Accounting
No business should pay more tax than necessary; however, we need your help to ensure we maximise your claims. Bragg Tax & Accounting work with clients to meet their taxation obligations, and guide them to achieve their main objectives.
As Accountants, preparing taxation returns for clients is one of the main services we provide. At Bragg Tax & Accounting, we pride ourselves on ensuring our clients’ needs are met, ensuring returns lodged are accurate and timely. Bragg Tax & Accounting is registered as a Tax Agent with the Australian Taxation Office, allowing the team unlimited Tax Agent portal access. Due to our good practice management, our ability to lodge electronically, and being consistently on time, Bragg Tax & Accounting meets the ATO’s lodgment program framework.
We prepare taxation returns for the following entities:
- Personal taxation returns for salary and wage earners, investors and retirees
- Sole traders and small businesses
- Superannuation funds
- Trusts, which include discretionary trusts, family trusts, unit trusts and hybrid trusts
We can also review past tax returns and, where needed, can lodge an amendment or objection with the ATO.
Tax Planning, when done effectively, ensures you are in front with your taxes. As part of our clients’ tax planning, Bragg Tax & Accounting looks at what clients do in their business, how this can impact the tax they pay, and ultimately, how this impacts their business’ bottom line. Whether you are looking to restructure your business to maximise your taxation position, considering a major transaction, or are unsure of the right tax treatment of a transaction, our team can provide you with the advice and assistance you need.
ATO Payment plan assistance
If you do have tax to pay, Bragg Tax & Accounting can assist with entering into an ATO payment plan, and advise with Pay As You Go (PAYG) Instalments.
Our team also offers assistance on a number of taxation matters:
- Managed Funds
- Share Investment
- Rental Properties
- Capital Gains Tax
- Foreign Income
- Multiple year Tax returns
Business Start up
Bragg Tax & Accounting provides advice on a broad range of issues that should be considered when purchasing or starting up a new business. The team can guide you on the best structure to use; how to meet business registration requirements and establish a working relationship with your bank; software set-up and record keeping; and outline your taxation and business requirements.
Recognising that every business is different, Bragg Tax & Accounting will help you with the best structure for your business. The team can process your registrations for the ABN, TFN, GST, PAYG Withholding and Fuel Tax Credits and can also assist with registering a Business Name.
Furthermore, Bragg Tax & Accounting will assist with the preparation and lodgment of your Business Activity Statements (BAS & IAS), PAYG Payment Summaries, Contractors Reports and Payroll Tax Assessments. We are here to offer our clients advice on GST, Taxation and Superannuation obligations, and all other administrative requirements as required. So that you can see how your business went for the last financial year, we prepare Financial Statements for our clients, enabling them to compare their business from one year to the next and meet the documentation requirements for a business loan or tender application.