However, that isn’t the only reason individuals engage accountants – did you also know that many people are settling for basic tax returns, due to simply a limited understanding of tax?
Taxation is a daunting experience – not to mention, a complicated one, especially for those who have to account for multiple deductions, allowances, and expenses.
You can’t afford to make a mistake here; missed tax payments can incur significant penalties. It’s no wonder that so many individuals are calling upon our Melbourne personal accountants to help get their tax obligations in order.
A personal accountant has an in-depth understanding of Australian taxation law, requirements, obligations, and operations. They’ll also find you deductions you didn’t even know existed!
Having a personal accountant on your team gives you peace of mind and the knowledge that your tax claims are all accurate and legitimate.
We will ensure that your accounts and finances remain well organised, categorised, and summarised.
A personal accountant will help you out with:
- Tax preparation
- Tax advising
- Tax audits
- ATO compliance
- Your business structure
- Financial statements