Bookkeeper and BAS Lodgement
At Versatile Accounting Solutions, we take care of your business bookkeeping so you can take care of business.
Our bookkeeping services include:
- Bookkeeping
- Accounts payable & receivables
- BAS & IAS
- Payroll
- Staff training
- Cloud programs
We also provide fixed fee bookkeeping packages tailored to your requirements. To find out further about our bookkeeping service, please contact us.
SMSF Accounting, Auditing, Taxation and Retirement Planning
Ensuring your retirement is well funded
Would you like to have more control over your superannuation fund? Then a Self-Managed Super Fund (SMSF) may be the answer. However, ‘self-managed’ means exactly that—you are responsible for researching and tracking your superannuation investments regularly. If the idea of being in command of your super funds appeals, but the hard work puts you off, Versatile Accounting Solutions can help.
We can assist you with:
- Establishment of new funds
- Administration of Self-Managed Superannuation Funds (SMSF)
- SMSF tax returns and compliance issues
- SMSF audits
- Establishment of Pension Funds (transition to retirement and account-based income streams)
- Variation of existing SMSF Trust Deeds
- Borrowing strategies
- Estate planning strategies
- Tax effective strategies to minimise tax
At Versatile we can help you with all aspects of retirement planning, not just super funds. You can rely on us to help you build a reliable and tax effective retirement income.
Business and investment Structure review
As business Accountants – we can help you set up a business structure to suit your needs – protecting your valuable assets and minimising your tax obligations.
By talking to accounting specialists business owners can rely on, you will have complete peace of mind – knowing you are building your business with the best possible business structure that supports your growth and long-term business vision.
The right business structure ensures your tax is minimised, while your existing assets are protected.
At Versatile Accounting, as small business advisors, we will help you set up a business structure that enables you to distribute income in the most tax-efficient way – ensuring your complete ATO-compliance, while protecting your financial future.
To find out what business structure is best for you, contact our business tax specialists today at Versatile Accounting Solutions on 02 806 57193, 0433778352
Business start-up advice
New start-ups come from all walks of life but they’re all inspired by a great idea or a passion. we doesn’t like to see good ideas go to waste, so we’ve developed a solution to make sure your great ideas get to market. That’s why we have a great team that knows just what official documentation and registration you need. We can then submit the documents for you whilst updating you along the way with your progress.
Here are some of the main administration tasks we’ll help you with so you can launch your business:
Business structure
We can help you choose the business structure that best suits your needs. This could be one of the following:
Sole trader – an individual operating as the sole person legally responsible for all aspects of the business. Like other structures, as a sole trader you can employ people to help you run your business. Company – a legal entity separate from its shareholders. Partnership – an association of people or entities running a business together, but not as a company. If you are eager to register as a company, we can also register your Australian Company Number (ACN) for you.
Obtaining an ABN
The next thing we’ll do is get you set up with an Australian Business Number (ABN). This is what identifies your business. With your ABN, you can:
- Confirm your business identity to others when ordering and invoicing
- Avoid Pay as You Go (PAYG) tax on payments you receive
- Claim Goods and Services Tax (GST) credits
- Claim energy grants credits
- Obtain an Australian domain name.
Register your business name
This is the name under which your business operates. Once you’ve thought of it, we’ll help you register it with ASIC, and we’ll help you check that your name isn’t clashing with anyone else’s.
Register for business taxes
We can help you get registered for the business taxes that apply to you. Once you’ve got your ABN, you can then register for business taxes.
In most cases, businesses will have to pay GST, and we’ll help you get registered for that.
Business setups application of ABN, ACN, TFN, GST etc.
Audit Services
The ATO is increasing it’s audit and compliance activity which means the likelihood of coming under ATO scrutiny is a lot higher than ever before. Our team can help deal with the ATO during an audit and support you in avoiding any unnecessary tax burden as result.
