Not all Accountant Firms are the same, and there are some things you should know before selecting an accounting firm. Alternatively, let us ask you something, do you want your accounting firm merely filing Tax Returns and compliance or do you want your accounting firm to take that extra step and act as your Business Advisor offering you strategic business development & financial advice?
To be upfront and frank, most accounting firms are practitioners who are great at tax and compliances but do they offer services beyond compliance and taxation and act as your trusted partner and help you grow your business?
To be upfront and frank, most accounting firms are practitioners who are great at tax and compliances but do they offer services beyond compliance and taxation and act as your trusted partner and help you grow your business?
Services
It is a well-known fact that most of the start-up businesses have limited resources, which is the reason why such entrepreneurs should choose MaxMargin Accountants. While setting up a new business you can save yourself money in the short term but getting the business structure right at the start is very important.
Organising your financial affairs to give yourself the greatest tax advantage is called tax planning. Tax planning is legitimate when you do it within the letter and the spirit of tax law. That is why Tax Agents in Laverton, MaxMargin Accountants, provide tax planning services to high income earners and small businesses to get your tax strategy in place as early as possible.
As a small business owner, you might require to wear multiple hats and play numerous roles to operate your business. A small business owner has to handle many functions such as production, business development, sales, quality control, customer service. This implies that a business owner is required to manage the role of a bookkeeper.
The Australian taxation laws are very complex, and the GST tax system places much emphasis upon compliance and adherence deadlines. To keep in line with the latest legislative developments, our team of professional staff undertake extensive professional development to ensure both our individual clients and business owners deliver a comprehensive accounting and taxation service.
While selecting an appropriate structure for your business, we advise our clients to choose a structure in line with their long-term business objectives in mind. The Australian tax laws are highly complex, and any changes in your business structure in the future can trigger a capital gains tax scenario which could prove costly.
