Fees

Fees

By way of summary, our fees will be charged as follows:

·         Bookkeeper $50 per hour + GST

·         Contract Accountant $60 per hour + GST

 

 

  1. Setting Up a Company

 

Company Set-Up – $875 + GST

Starting a new business with a company structure. This package provides you with a proprietary limited company and everything else you need to get your company going. You will receive:

  • an Australian Company Number (“ACN”) and a company registered with ASIC.
  • company legal documents including:
    • Certificate of Registration.
    • All other relevant company set up documents.
  • ABN, TFN and GST registrations.

Personal assistance with each of the steps above.

Company legal documents are written in plain language and are signed-off by lawyers.

 

XERO Set Up – $250 + GST

Support getting your XERO account set up.

This includes:

  • Advice on the XERO subscription suitable
  • Creation and set up of your business account in the cloud-based software selected
  • Setup of relevant templates including Invoices
  • Setup of Contacts including Customers, Suppliers and Employees
  • Payroll setup of employees
  • Set up of bank feeds for easier bank reconciliation
  • 30-minute Zoom Session to go over the basics of bank reconciliation, sales invoicing and  uploading expenses
Small Business Superannuation Clearing House Set Up (SBSCH) – $75 + GST

Set up arrangements with the ATO so that you can pay your employees

  • Create your company SBSCH Account
  • Lists all employees on the SBSCH

 

  1. Tax and Compliance Services

 

Bookkeeping – $50 per hour + GST

Bookkeeping activities will be conducted on behalf of your business to ensure that all financial information is up to date, based on online accounting software.

 

This includes:

  • Monthly reconciliation of bank and credit card statements
  • Monthly reconciliation accounts receivable and accounts payable
  • Paperless Payables – Supplier invoices and receipts imported via online software
  • Debtor reminders
  • Maintain data feeds into your accounting software files
  • Troubleshooting & support

 

Note:

  • Requires an active accounting software subscription

 

XERO Support – $75 per hour + GST billed in 30-minute blocks

Support with configuring your XERO.

 

Training services – Software training- $150 for 2 hours + GST
  • Support during 2 hours with your team optionally recorded including training material
  • Specific packages can be developed

 

Payroll – $25 per month + GST + $4 per person per pay run + GST

Support managing your pay runs.

  • Preparation of pay runs for your sign off.
  • Requires timesheets or estimates of time to be updated.

 

Annual Company ASIC Renewal – $75 + GST

Prepare ASIC Renewal Forms for Company
Lodgement of Renewal Forms with ASIC

 

Business Activity Statements – $75 + GST

Preparation and lodgement of quarterly Business Activity Statements (BAS) with the Australian Taxation  Office

This includes:

  • General advice, attendances to ATO reports
  • Preparation and lodgement of monthly instalment activity statements (IAS)
  • Review of your operation of BAS for compliance with regulations and best practice
  • Complete BAS computations for quarter
  • Attendance to the subsequent lodgement of the Business Activity Statement (BAS) with the Australian Taxation Office

 

Company Income Tax Return – $675 + GST

Preparation and submission of Company Income Tax Return to the Australian Taxation Office

 

This includes:

  • Preparation of company financial statements and Company Taxation Returns
  • Preparation and lodgement of company tax return per ATO guidelines
  • Prepare tax reconciliation and other schedules where required

 

Bookkeeping must be up to date.

 

Payment Summaries and Lodgement – $75 for up to 4 employees + GST, $25 per additional person + GST
  • Preparation and submission of Payment Summaries to the Australian Taxation Office

 

Taxable Payment Annual Report – $75 + GST

Preparation and submission of report.

Does not include cost of bookkeeping if need to compile subcontractor totals.

$26.50 + GST for a Nil lodgement.

 

Tax Planning and Advice – $100 per hour + GST

Minimise your tax through effective planning.

 

Complimentary Issue Meeting $0
  • One complimentary meeting every 6 months where we discuss your business issues.

 

Arranging a Debt Repayment Plan $100 + GST
  • Creating a debt repayment plan with the Australian Taxation Office
  • Responding to any ATO inquiries.

 

Individual Tax Return (ITR) (Individuals) – $100 per return + GST

Preparation of your Income Tax Return for the year ended 30 June. This includes:

  • Preparation of Income Tax Returns & associated schedules
  • Electronic lodgement of Income tax Returns
  • Lodgement with ATO Review of Notice of Assessment to ensure correct tax calculation
  • Single income with no deductions or a Nil return (e.g. University students or partners who stay at home while the other works) – $75 per return + GST.

 

The following schedules will be charged additionally if required:

  • Investment Schedules (Trusts, Rental, Overseas income)
  • Business Schedules

 

Sole Trader Tax Return (ITR) –  $200 per return + GST

Preparation of your Income Tax Return for the year ended 30 June. This includes:

  • Preparation of Income Tax Returns & business schedules
  • Electronic lodgement of Income tax Returns
  • Lodgement with ATO Review of Notice of Assessment to ensure correct tax calculation.

The following schedules will be charged additionally if required:

  • Investment Schedules (Trusts, Rental, Overseas income)

 

  1. R&D Tax Offsets

 

Review of R&D Tax Offset Annual Application – $750 + GST

Commission a high-level review of your R&D application.

  • Registered Tax Agent Review of application for R&D tax offset with AusIndustry.
  • Provide recommendations on key areas of application for application.

 

 

Annual R&D Taff Offset Application – $2,750 + GST – companies up to $10M in turnover

Preparation of application for R&D Tax Offset eligibility with AusIndustry. Key elements include:

  • R&D Tax Incentive Pre-Registration Checklist
  • R&D form set up
  • Ensuring that corporate structure is eligible for R&D Tax Offset
  • Matching proposed expenditure against eligible R&D activities
  • Preparing project schedules for application (if applicable)
  • Preparing core activity schedules for application (if applicable)
  • Preparing supporting activity schedules for application (if applicable)
  • Recommendations prior to lodgement of application
  • Record keeping requirements

 

Annual R&D Taff Offset Application – $7,500 + GST – companies up to $20M in turnover

Preparation of application for R&D Tax Offset eligibility with AusIndustry. Key elements include:

  • R&D Tax Incentive Pre-Registration Checklist
  • R&D form set up
  • Ensuring that corporate structure is eligible for R&D Tax Offset
  • Matching proposed expenditure against eligible R&D activities
  • Preparing project schedules for application (if applicable)
  • Preparing core activity schedules for application (if applicable)
  • Preparing supporting activity schedules for application (if applicable)
  • Recommendations prior to lodgement of application
  • Record keeping requirements

 

 

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