Fees
By way of summary, our fees will be charged as follows: · Bookkeeper $50 per hour + GST · Contract Accountant $60 per hour + GST
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- 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
- 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)
- 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