Australia
Corporate Accounting Solutions
Servicing the areas of Melbourne, and Shepparton, Australia - SAJ's accounting solutions for the discerning Corporate begin with the first step of Company Formation & Setup, moving on to Liaising on their behalf with the Tax Office, Australian Securities and Investments Commission (ASIC), and Banks. Recognising these as only the first steps of the journey, we also offer our Professional Opinion on Tax along with Advisory Services, Bookkeeping, Payroll Accounting, Financial Reporting, GST-related Services, Taxable Payment Annual Reports (TPAR) for those that require it, not to mention the crucial step of helping Companies with their Tax Returns.
The sections below, briefly detail out how SAJ Accountants Pty Ltd assists with each…
Company Formation & Setup
The challenges and hurdles entrepreneurs face when starting a new business are immense, which is why we at SAJ Accountants are committed to providing the tools and resources necessary for your success. Our company formation and setup services are designed to mitigate the hassles of company formation and registration, specifically the registration and maintenance of shareholding & business structures and the incorporation of company & business trading names.
Tax Opinion & Advisory Services for SMEs
Given how vital Tax Opinion & Advisory Services are for Small & Medium Enterprises (SMEs), we offer a comprehensive range of services to help them comply with tax laws and regulations and minimise their tax liabilities. Our team of experienced professionals can provide advice on a wide range of issues, including tax planning, filing requirements, audit defence, and more. We also offer innovative solutions to help our clients save money and improve their bottom line. Whether you're starting a new business or expanding an existing one, we can help you navigate the complex world of taxation.
Liaising with the Tax Office, ASIC, & Banks
We understand the complexities of the Australian financial market and are well-positioned to help your business navigate the ever-changing regulatory landscape. We regularly liaise with the Tax Office, ASIC, and banks on behalf of our clients to ensure their compliance with all applicable laws and regulations. Our team of experienced accountants can provide comprehensive support in terms of conversing with the local and federal government bodies within the country, providing Australian Taxation Office Audit help & assistance, and finally liaising with financial institutions for loans and other inquiries.
We understand the complexities of the Australian financial market and are well-positioned to help your business navigate the ever-changing regulatory landscape. We regularly liaise with the Tax Office, ASIC, and banks on behalf of our clients to ensure their compliance with all applicable laws and regulations. Our team of experienced accountants can provide comprehensive support in terms of conversing with the local and federal government bodies within the country, providing Australian Taxation Office Audit help & assistance, and finally liaising with financial institutions for loans and other inquiries.
We understand the complexities of the Australian financial market and are well-positioned to help your business navigate the ever-changing regulatory landscape. We regularly liaise with the Tax Office, ASIC, and banks on behalf of our clients to ensure their compliance with all applicable laws and regulations. Our team of experienced accountants can provide comprehensive support in terms of conversing with the local and federal government bodies within the country, providing Australian Taxation Office Audit help & assistance, and finally liaising with financial institutions for loans and other inquiries.
Bookkeeping Services
Bookkeeping can be time-consuming and complex, whether you're a small business or a large corporation. As a result, we provide professional bookkeeping services to assist companies in staying on top of their finances with SAJ, allowing them to focus on their core competency of growing their business bottom line. Day-to-day bookkeeping, accounting, reconciliation, and data capture from organisations such as ASIC and the Australian Taxation Office (ATO) are among the services we offer. Whatever your business, SAJ Accountants tailors our bookkeeping services to suit your needs.
Payroll Services
We understand that payroll management is a vital yet complex component of successfully running a business. That's why we offer comprehensive payroll services that are customised to the specific manpower needs of your organisation. Whether you're looking for help with payroll tax compliance, weekly handling of the payroll process, payslip generation, or annual payment reports, our team of experts is always at hand to help.
Financial Reporting
Accurate financial reporting is an essential component of complying with all relevant regulations and regulatory authorities. We help businesses with their financial reporting obligations in several ways. Our teams provide expert advice on the best financial reporting practices for your business, and we also assist with key financial services such as the preparation and lodgement of financial statements, providing critical information to stakeholders, tracking cash flows, analysing liabilities & owner's equity, and more.
GST and Business Activity Statement (BAS)
GST & Business Activity Statement (BAS) reporting can be a complex and time-consuming process for businesses, but it is a critical compliance obligation. From registration onward, we guide companies in meeting their GST and BAS reporting requirements, ensuring that they file their returns accurately, lodge their returns, and claim all eligible GST credits. We also provide advice on GST planning & strategies to minimise the GST tax liability and ensure that any debt is appropriately dealt with through payment plans, debt consolidation, and more. Our team of qualified accountants at SAJ Accountants Pty Ltd have many years of experience in GST and tax reporting, so you can be rest assured that your business is in competent hands.
Taxable Payment Annual Report (TPAR)
Taxable Payment Annual Reports (TPARs) must be lodged with the ATO by businesses in specific industries. These reports provide information on payments made to contractors for services ranging from building & construction to cleaning, courier services, and more. We acknowledge the importance of the TPAR, which is why we help businesses track their payments throughout the financial year so that they can accurately reflect the total pay-outs at the end of the financial year with ease. We help companies prepare and lodge their TPARs, ensuring that they meet their obligations as per the law and advise them on how to minimise their tax liability while maximising their deductions.
Company Tax Returns
Finalising Company Tax returns can be a daunting task for any business, but with help from SAJ Accountants, it doesn't have to be. Our team of experienced professionals can help take the stress out of the process by ensuring that all information is gathered and processed immediately for your returns to be completed correctly and on time. We will also work with you to assure the amendment of previous tax returns to reflect business activity better, that all the necessary documentation is gathered and that any relevant deductions are maximised. Our goal is to make the finalisation of your Company Tax return as smooth and stress-free as possible.
Australia
Individual Accounting Solutions
SAJ Accountants Pty Ltd services Individuals in the areas of Melbourne, and Shepparton, Australia with everything required to stay compliant in the eyes of the Australian Taxation Office (ATO). Beginning with the Registrations - Tax File Number (TFN) & Australian Business Number (ABN) Registrations, to offering Individuals Professional Tax Opinion & Advisory Services, SAJ helms personal tax accounting in Australia. They also assist with the Setup of Self-Managed Super Funds (SMSFs) and are rated as one of the best tax accountants in Melbourne - to help with the filing of your personal Income Tax Returns.
Read the sections below, that in brief tell the story of how SAJ Accountants assists Individuals in Melbourne & Shepparton…
TFN & ABN Registrations
If your goal is to run a business in Australia, then we can help you with both your TFN and ABN registration. TFNs are issued by the Australian Taxation Office and are used to track an individual's tax and superannuation contributions. While ABN, on the other hand, is issued by the Australian Business Registrar and is required for businesses to claim GST credits and lodge business activity statements. We understand that these can be confusing and time-consuming processes, so we are here to help. We manage the Australian Business Registry, and the Australia and New Zealand Standard Industrial Classification (ANZSIC) Register and will make sure that all the paperwork is filled out correctly and that you have everything you need to be always compliant with the tax authorities.
Tax Opinion & Advisory Services
Tax opinion & advisory services are a crucial part of our accounting firm, SAJ Accountants Pty Ltd. Our expert advisors have years of experience in the tax industry and are well-equipped to provide you with the best advice to minimise your tax liability and create wealth. We understand the complexities of the Tax Code and can help you take advantage of deductions and credits that you may not be aware of. We also offer guidance on strategic Tax Planning to ensure that you take advantage of all the opportunities to reduce your tax burden. Our goal is to help you keep more of your hard-earned money to reach your financial goals.
Setup of Self-Managed Super Fund (SMSF)
SMSFs, are a popular way to manage savings and investments, but they can be complex to set up and administer. At SAJ Accountants, we have the expertise to help you through the entire establishment process and ensure it meets all the legal requirements. We can advise on the best structure for your SMSFs and help you choose suitable investments, assist with the ongoing administration & compliance of your self-managed superannuation fund, prepare financial statements and lodgement of tax returns, and ensure that the fund passes any future audits. Setting up an SMSF is a big decision, but with our help, you can be confident that your savings are in good hands.
Income Tax Returns
We understand that preparing your income tax returns can be complex and stressful. That's why we offer a range of services to help finalise accounts for individual lodgement, manage late returns, and oversee IT debt consolidation to maximise your refund and minimise your tax liability. Our experienced team can help you navigate the often-confusing world of income taxes, and we'll work with you to ensure that you take advantage of all the deductions and credits you're entitled to. We can also represent you in dealings with the IRS (the Australian equivalent of the IRS is called ATO or as explained above, the Australian Taxation Office), and we will do our best to get you the best possible outcome.
Australia
Outsourced Accounting Solutions
SAJ Accountants recognises that in the areas of Melbourne, and Shepparton, Australia there are several accounting firms that have their hands completely full - struggling to meet with Customer deliverables due to a shortage of quality manpower or other unqualifiable issues. SAJ to the rescue!
We believe focusing on your business's core competencies is critical to your business's financial success. This belief is the impetus behind our comprehensive suite of outsourced accounting services that can take care of all your bookkeeping, reconciliation, payroll management, and financial management needs. Our team of experienced professionals will work with your organisation to tailor a solution that meets the specific needs of yours or your clients' business so that you save time and money doing what you do best.
Our white labelled services not only ensure that the job gets done, but it's done accurately, and you/your organisation receives complete credit for it as well. Treat us as your back office, minus the administrative costs that come with it.
ACCOUNTING FIRM IN AUSTRALIA
Why Choose Us
Local Presence and Knowledge
As a local accounting firm in Melbourne, we have a deep understanding of the local business landscape, regulations, and tax laws. Our proximity allows for face-to-face communication, fostering a stronger professional relationship.
Strong Ethical Standards
We uphold the highest ethical standards in our work, ensuring integrity, confidentiality, and professionalism at all times. You can trust us to handle your financial information with the utmost care and respect.
Responsive Client Support
Our dedicated client support team is always ready to assist you promptly and efficiently. We value clear communication and aim to address your queries and concerns in a timely manner.
Technology-driven Solutions
We leverage advanced accounting software and technology to streamline processes, enhance accuracy, and improve efficiency. This ensures that your financial records are up-to-date and accessible whenever you need them.
Comprehensive Services
From bookkeeping and financial statements to tax planning and compliance, we offer a wide range of accounting services to cater to all aspects of your financial management needs. You can rely on us as your one-stop accounting partner.
Proactive Approach
We adopt a proactive approach to accounting, offering timely advice and solutions to help you make informed decisions and stay ahead of financial challenges. We strive to identify opportunities for growth and optimisation.
Tailored Solutions
We provide personalised accounting solutions that are customised to meet the unique needs and goals of our clients. Our team takes the time to understand your business and deliver targeted strategies and advice.
Expertise and Experience
Our accounting firm in Melbourne boasts a team of highly skilled professionals with extensive knowledge and experience in the field. We have a deep understanding of local regulations and industry-specific requirements.
What People Have to Say About Us
I have been working with SAJ Accountants P/L for 2 years, and I have been consistently impressed by their professionalism, expertise, and attention to detail. They are always available to answer my questions and provide me with the guidance I need to make informed decisions.
I would highly recommend SAJ Accountants P/L to anyone looking for a skilled, reliable, and personable accountant. They are truly top-notch professionals, and I feel fortunate to have them on my team.
ACCOUNTING FAQS
Frequently Asked Questions (FAQs)
Find answers to these commonly asked questions about our accounting services in Melbourne, Australia.
Accountants are professionals who are trained in financial accounting, tax regulations, and financial management. They play a crucial role in managing financial records, preparing financial statements, analysing financial data, providing tax advice, and ensuring compliance with relevant laws and regulations. Accountants can work in various industries, including public accounting firms, private companies, government organisations, or as independent practitioners.
We at SAJ assist businesses of all sizes and individuals seeking accounting or financial advice and services. In Australia, our business services encompass company formation & setup, tax opinions, liaising with the tax office, ASIC, & banks, financial reporting, and more. For individuals, we provide TFN and ABN registrations, tax opinions and advisory services, SMSF setup, and income tax return services. Additionally, we offer outsourcing services to those in need.
Tax agents are professionals who specialise in tax matters and are authorised by the Australian Taxation Office (ATO) to provide tax-related services to individuals and businesses. In Melbourne, tax agents assist clients with tax planning, tax return preparation, lodging tax returns with the ATO, claiming deductions, managing tax obligations, and dealing with any tax-related issues that may arise.
Choosing a local accounting firm in Melbourne offers several advantages over online accounting services. Here are a few reasons why you might consider a local firm:
- Personalised service: Local accountants can provide tailored advice and solutions based on your specific needs and circumstances.
- Face-to-face communication: Direct communication with your accountant allows for a deeper understanding of your business and fosters a more robust professional relationship.
- Knowledge of local regulations: Local accountants are familiar with the local tax laws and regulations, ensuring compliance and maximising benefits specific to Melbourne and Australia.
- Accessibility: Local accountants are easily accessible for meetings, consultations, and resolving any urgent matters promptly.
We at SAJ, as a local accounting firm in Melbourne, are well-equipped to assist new businesses. We can provide guidance and support in various areas, including:
- Setting up a business structure and registering for an Australian Business Number (ABN) and Goods and Services Tax (GST).
- Preparing financial statements and budgets.
- Providing advice on tax obligations and ensuring compliance.
- Assisting with bookkeeping and record-keeping practices.
- Offering business growth strategies and financial planning advice.
We at SAJ offer Reconciliation, Bookkeeping, Payroll, and Financial Reporting as outsourced services.
While related, accounting and bookkeeping serve distinct functions in managing financial information. Here’s the difference between the two:
Bookkeeping: Bookkeeping involves the systematic recording, organising, and categorising of financial transactions. It includes tasks such as recording invoices, receipts, payments, and maintaining accurate ledgers. Bookkeepers focus on capturing and summarising financial data for further analysis and reporting.
Accounting: Accounting builds upon the foundation of bookkeeping. It involves interpreting, analysing, and summarising financial data to generate financial statements, reports, and insights. Accountants use this information to provide strategic financial advice, tax planning, and help businesses make informed decisions.
The average monthly accounting costs in Melbourne can vary depending on the complexity of the services required, the size of the business, and the specific needs of the client. Factors that influence accounting pricing include:
- Business Size: Larger businesses with more complex financial operations may require more extensive accounting services, resulting in higher costs.
- Service Requirements: The range of services you require, such as bookkeeping, tax preparation, financial reporting, and advisory services, can affect the pricing.
- Industry Specialisation: If your business operates in a specialised industry with unique accounting requirements, it may impact the pricing.
- Frequency of Service: The frequency at which you engage the accounting firm (e.g., monthly, quarterly, annually) can impact the pricing structure.
Please contact us directly for a personalised quote based on your specific accounting needs in Melbourne.