Compliance and Taxation Services for your Hospitality business
Keeping the ATO happy is a vital part of managing your business well. From setup and right through to the ongoing obligations of your business, your ATO obligations are many and varied.
These may include:
- Registering a company with ASIC
- Obtaining an ABN
- Registering for GST
- Tracking GST paid and received
- Amounts withheld from employees
- Income tax instalments
- Lodging Business Activity Statements
- Annual Tax Returns
- Making ATO payments
It quickly becomes clear that you need an expert business tax accountant on your side. This can make all the difference.
Tax compliance – GST, PAYG and BAS
From single companies to multiple company corporate hospitality structures, we’ll help you to understand and manage your tax obligations on an ongoing basis. Our taxation services include:
Advice on setting up your company structure in the most tax effective way to minimise risk, ensure compliance and allow for business growth. We also help with your ASIC obligations, obtaining an ABN and registering for GST if required.
Tax planning so you know when payments are due, and to ensure you have sufficient cash on hand to make payments.
Preparing and lodging business activity statements.
ATO audit assistance.
Preparing and lodging income tax returns.
Managing your dealings with the ATO.
Ongoing reporting of your tax liabilities. This helps you understand how much you owe the ATO.
We keep up to date with the relevant awards and other applicable legislation. With a spotlight on some of the larger hospitality companies being named and shamed for underpaying staff, payroll compliance is more important than ever.
The awards are complex and remaining compliant and on top of changes is challenging. Let us help ensure you are payroll compliant.
If your payroll expenses are over a certain threshold (this differs in each state), we can also assist your business with payroll tax.