KMT Consulting provides a broad range of accounting and taxation services to all types of business entities, including Private Companies, Partnerships, Trusts and Sole Traders.
Of course, we can assist you by preparing financial reports for your business and lodging the income tax returns. Please consult our Business Tax Return Checklist to ensure you provide all of the documentation and information we need.
In addition to this annual compliance work we can also provide strategic advice and assist with the following matters:
Business structuring and setup
Using the right structure not only provides tax advantages; it also significantly affects other important matters such as control, cost, legal liability and asset protection.
Advance planning is always a better option than facing unpleasant tax consequences which could have been either minimised or avoided altogether.
We can look after your transaction data entry for you, or provide you with some simple tools which will help you to do it yourself without being enslaved to your accounting records.
BAS and GST issues
We can prepare and lodge your Business Activity Statements and help ensure that GST is correctly calculated and accounted for.
Fringe Benefits Tax
This tax is often a compliance nightmare for small business. In addition to identifying fringe benefits and preparing the FBT return, we can help to minimise FBT by analysing more tax-effective ways of providing these benefits.
Capital Gains Tax
With careful planning and appropriate timing, CGT can often be significantly reduced. We can help you work through cost-base calculations, and make sure that all concessions and exemptions are fully utilised.
Budgets and cash flow forecasts
We can assist you to prepare these for presentation to prospective lenders, or to help you improve the profitability of your business.
Our business is your business. Please contact us if there is anything we can assist you with.