Bookkeeping

 

We provide the highest standard of bookkeeping services in Geelong.

Our bookkeepers are supported by a whole team of qualified accountants who guarantee that all issues can be resolved for our clients which means the numbers are right, every time.

Accounting and Taxation 

Patrick Lawrence Yip is a registered tax agent and the principal who s overlooking of all related taxation services and work with fixed fee budgets to get your compliance needs done on time and for the right price.

Value Services

 

Our Value Services are what we are.

Most proud of and make the numbers come to life and allow you to understand how your business in performing and make informed decisions backed by our advice.

Please speak to Patrick Lawrence Yip who is the head in accounting and taxation of our department.

Advice And Planing

Let talk to Patrick Lawrence Yip who has over 20 years of real experience in accounting and taxation field. Patrick can provide you with business advice regarding entity setups, structure, tax planning, systems and procedures and anything else you need. If we can’t provide it in-house we can talk to one of our network of professionals who will be able to assist.

Self Managed Super Fund

These days some people are looking for more control over how their super is managed. If you’re thinking about it, the best place to start is with your Industry Super Fund, because they act in your best interests. They can help you make the right decision and might even have what you are after.

 

An SMSF might sound appealing on the surface, but you need to make sure it’s right for you, because if things go wrong, it could leave you much worse off in retirement.

Cash Management

 

cash management account lets you earn higher interest, move funds between investments, and have easy access to your savings. However, interest rates, features and requirements can all vary, so it’s important to compare offers from a wide range of institutions.

 

Please speak to your financial institutions so you can make an informed decision and choose the right account for your needs.

Tax

 

Let speak to Patrick Lawrence Yip who is a registered tax agent who is overseeing other accountants, to prepare your income tax returns for Individuals and Sole Traders, Companies, Trusts, Partnerships and Superannuation Funds. Patrick offers a fixed fee for our clients and special discounted rates for those clients which we manage throughout the year.

Preparation Financial Report And Tax Returns

We use the latest software to ensure that our financial statements process is as streamlined as possible while at the same time ensuring the necessary notes and disclosures are included. Our financial statements finalisation process ties in with our customised Chart of Accounts for ease of understanding for the end user.

Company, Family Trust Or Unit Trust Formation

A trust can give some protection from creditors and is able to accommodate an employer/employee relationship. In family matters, the flexibility, control and limited liability aspects combined with potential tax savings, make discretionary trusts very popular.

There are strengths and weaknesses associated with trusts and Patrick will help clients to understand what they are and how the trust will evolve with changed circumstances.

OUR SERVICES

Payroll

Payroll tax is one of those “sneaky” taxes that seem to creep up on unsuspecting business owners. Many business owners have become “unstuck” because they were not aware or didn’t fully understand their payroll tax obligations. Ignorance is not a defence. Patrick will help you to understand the provisions, and monitor closely your weekly payroll, including all wage elements under the definition of taxable wages.

Registration For An Australian Business Number And Tax File Number

 

Let Patrick takes care of all your dealings with ASIC, including registering and renewing your companies and business names. Patrick liaises with the Australian Tax Office on your behalf to ensure your business is correctly registered for tax purposes.

The Practitioner Lodgment System (PLS) Via ATO

PLS is an electronic online system that enables registered tax agents to lodge income tax returns and other forms, as well as create reports to assist with managing workloads. 

Members