What should I do if I think I have paid too much tax to the Australian Taxation Office?
There are lots of different taxes to watch out for and manage in Australia . But there are lots of legal opportunities to minimise your tax as well!
Fresh Numbers can review your past tax position to minimise your tax payments into the future. Fresh Numbers can complete your compliance obligations as well as use our skills and expertise to help your business into the future.
From time to time, we find that there may be a need to negotiate or deal with the Australian Taxation Office, to allow you smoother payment of BAS and PAYG. When this or any dealings with the State Revenue Office is necessary to protect the business, it can be completed easily by Fresh Numbers Tax Services Pty Ltd.
Do you feel like there is too much red tape and compliance issues in your small business?
We know. Compliance and bureaucracy in small businesses can mean that it is difficult and time-consuming to get your jobs done quickly. However, these issues need to be completed and managed so that you can get on with running your business and making money today.
Non-compliance with statutory obligations is the most common problem we see at Fresh Numbers. Companies and businesses are experiencing financial difficulty, and the underlying causes are largely undiscovered until the business is in crisis.
Our Business Tax & Accounts Program will provide you with processes tailored to minimize stress on cash flow. The program also includes meeting with a senior accountant to discuss any other issues that might arise.
Fresh Numbers will:
- Make sure your accounts are completed and up to date
- Make sure all your Business Activity Statements are completed and lodged (and negotiate with the ATO if necessary)
- Develop a compliance program for you to use into the future so that you remain compliant
Key Issues For Small Businesses
Accurate information is essential for good decision making.
If it seems as though your accountant has slowed down as your business has increased in speed, then you need the speed-to-market services of Fresh Numbers. The specialised small business services we have developed allow us to complete the work and reports you need in the quickest possible time so that you can make accurate decisions for your small business.
Fresh Numbers will also help you develop strategies designed to increase the performance and efficiency of your business while reducing your risks and protecting your assets.
Accounting Reports
Reports help you understand exactly what is happening in your business. Once you are reading them in the right way, you can even predict what will happen in your business!
Fresh Numbers believes that up to date accounting records that are completed accurately and reviewed for accuracy can be the most powerful tool any business can have.
This means you have fresh numbers at hand in the form of:
- cash flow statements
- profit and loss
- variance reports
- balance sheet impact reports
Together, these reports will help you create a dynamic business.
Job Costings
COsting each job properly will help you to keep track of individual jobs and make sure you are not under-quoting. Fresh Numbers helps you to:
- Make sure the right amount of labour is allocated to each job
- Make sure the right amount of materials are allocated to each job
Fresh Numbers works your accounting system so these reports are fresh and up-to-date at any time.