Registered Tax Agent in Sunshine West – Bookkeeping Services Experts

GKS Taxation is one of the leading accounting firms in Sunshine West with a panel of expert tax accountants, business advisors and chartered accountants who will be able to guide you efficiently and economically through your financial plans. Our registered tax agent will help businesses in timely tax return lodgement. A holistic accounting firm GKS Taxation provides various tax-related services in Sunshine West, like GST Lodgement, MYOB Payroll, Tax return lodgement, etc.

Bookkeeping services: We offer bookkeeping services wherein we manage all the accounting of the payable and receivable finances of the business, thereby reducing the time and effort of the individual resource.

MYOB payroll: Business owners can now opt for our automated MYOB payroll software, which facilitates the payroll approval of all the employees quickly and easily.

GST Lodgement: Businesses need a registered tax agent to solve all queries related to the company tax return lodgement. GST is not completely understood by everyone and hence it is better to seek professional help in GST registration and lodgement.

GST return is the detail of all the sales and purchases made along with tax collected or paid. GST lodgement is generally done either on a quarterly or an annual basis. Authorities calculate tax liability based on the filed returns. In the GST filing system, any regular business organization has to file two monthly returns and one annual return. This amounts to 26 returns in a year. Once you have registered for GST, you must charge GST on your supplies at the prevailing rate except of relevant supplies that are subject to customer accounting. This GST that is charged and collected is known as output tax. Output tax must be paid to the Australia Taxation Office.

Things to Remember Before GST Lodgement

  1. Ensure that the filings are correct and the data that you have relied upon has adequate backups and support because it will be required for your GST Audit. Documents are most crucial and ensuring that the data contained in your annual return is complete is very important.
  2. The due date for filing a GST return is subject to changes. Keep this additional timeline in mind and prepare accordingly so that we have everything in place.
  3. This annual return allows you to make certain edits. In case your previous return did not have the complete data, you can make certain edits later.
  4. There may be some additional work regarding your input tax credit, which would pertain to categorizing your credits according to different buckets – inputs, input services, and capital goods. The key, however, is to keep adequate time in preparing this.

Sunshine West’s Best Tax Accountant: Company Tax Return Accountant & Business Advisor

As these are complicated financial payments and the complexity increases with the size of your organization, it would be advisable to hire a business advisor to assist you with your varied investments and company tax returns.

A business advisor is as important as any other company resource as they play a vital role in increasing the financial efficiency of the business. Our Tax return accountant will represent the client and will protect them from any kind of tax risk. Our team of expert tax accountants at GKS Taxation will provide valuable tax advice and help in the company tax return in Sunshine West.

Contact GKS Taxation in Sunshine West to speak to our representative for Tax Return Lodgement services and company tax return advice.