Small business accounting Perth
Looking for a no-nonsense accountant who goes beyond the basics? We’re the ones for you.
A good accountant can provide so much more than tax returns. At Beyond Accountancy we go, well, beyond, helping you not just meet legal requirements but set and reach your financial goals.
Most accounting firms just provide compliance services for things like financial accounts and tax preparation —the boring stuff you need to do to comply with the law. And don’t get us wrong, that stuff is important, but there’s so much more an accountant can do for you.
At Beyond Accountancy we give our clients what they really need —proactive advice and relevant education on how to improve their financial situation. We simplify the preparation process for your tax returns, financial accounts and activity statements, making it as simple as possible to leave more time for advice and education.
We give practical, personalised advice on how to improve your financial situation, making our accounting services so much more than an overhead and a necessity —with us, they become a value-adding service.
From self managed super funds, to expat tax advice and financial planning we offer a range of unique, practical services designed to add value and simplify your life.
If you’re moving overseas or if you’ve recently temporarily or permanently moved to Australia, we can help you save money. Emigrating is a hugely exciting time, throwing off the shackles of the old country and heading for greener pastures. We understand if the last thing you want to think about when heading for the horizon is your taxes, but putting a bit of energy into arranging your taxes back home and in your new country is definitely worth the effort.
In this fair city of ours we’re lucky to play host to loads of expats. From salt-of-the-earth South Africans to charming Kiwis and brilliant Brits, we love nothing more than helping folks from all four corners of the globe get their finances in order and free up more funds for exploring their new home.
For Aussies taking the plunge and heading overseas, navigating the world of international tax laws and managing finances back home is the kind of thing that can easily get shoved to the bottom of the to-do list. Hey, we get it, “tax” isn’t one of the sexiest words in the English language, that’s why we’ll take care of putting your tax affairs in order so you can get back to the fun stuff.
- Expert advice on minimising your tax spending overseas and at home
- Lose less money and free up your cash for doing the things you love
- Affordable, friendly service from experienced tax advisors
I’m an expat living in Perth, what sort of things can you help me with?
If you’ve left behind investment properties, are a trustee of a family trust or are renting out your family home back in your home country we can help. We’ll help you figure out where you stand with your investments and finances back home and here in Australia. We can help you lodge your tax return, or simply provide tailored advice on your financial circumstances.
We’ll collaborate with you to discover what will work best for you and help maximise your finances.
Are you a Kiwi living in Perth? Check out our advice on what every Kiwi expat living in Australia needs to know
I’m an Aussie living overseas, can you help me?
Yep, we sure can! We offer easy online consultations that can take place from wherever you are in the world. We can help you sort out your finances and minimise your tax expenses including capital gains tax. We’ll help you make sure none of your money is slipping through the cracks so you can enjoy doing more of the fun stuff.
Sorting out your taxes and finances is the last thing you want to think about when you’re starting an exciting new chapter, so leave it to us to get your finances in order and you can get back to enjoying your overseas adventure.
How much do you charge for expat tax advice?
We charge $275 an hour for our expat tax advice services.
For peace of mind and help along the path to financial freedom, get in touch with us today.
Do I really need help from a financial planner?
Look, you don’t have to get advice from a financial planner, but it will definitely help. The old saying “if you fail to plan you plan to fail” may be a massive cliche, but it’s still true. Getting help from a financial planner is an investment in your future, a way to ensure your hard earned cash is working equally hard for you. When you move to a new country all the parameters shift, and it’s easy to feel a bit lost. We’ll help you find your way and make sure your tax affairs are in order.
Want to make your business more profitable? One of the easiest ways to reduce costs is to minimise your administration expenses. A lot of businesses spend too much time (and money) keeping up with government obligations, lodging activity statements and tax returns —and that’s time and money that could better be spent running your business.
For a fraction of the cost of an in house bookkeeper or accountant we’ll take those compliance and tax tasks off your shoulders and leave you free to get on with running the show.
We’ll make all those pesky compliance tasks streamlined and hassle free, leaving you with more time and energy to focus on your business. We’ll put in place a simple and effective bookkeeping system that provides timely, useful information for making business decisions.
Whether you’re setting up a new business, selling your old business or want help with everything from tax planning and BAS to internal accounting bookkeeping and payroll, we can handle it all.
Every business is different, but all businesses can benefit from expert, personalised and practical advice. We’ll not only ensure you’re paying the right amount of tax and all those other important details, we’ll also give you practical, helpful advice to keep your business running smoothly.
If you’re after Perth accountants and bookkeepers who’ll get it done and make life easier, get in touch with us today.
- Streamlined, hassle-free compliance tasks
- Reduced administration time and costs
- Expert, personalised tax advice
Can you help my business?
We help businesses of all kinds with our outsourced payroll and bookkeeping services. We’ll be your ATO point of contact so you leave all that ATO compliance stuff to us.
If any of the following statements rings true for you, we’ll probably be a good fit:
- You’re not getting good value for money from your in house bookkeeper
- You’re too big to self-manage your books
- You’re not big enough to hire a full time in house accountant or bookkeeper
- You want to streamline your bookkeeping
- You want to spend less time on compliance tasks
Why should I outsource my bookkeeping?
When you outsource your bookkeeping to an expert, you’ll get a faster, more efficient and reliable service that frees up more of your time for actually running your business. When you choose Beyond Accountancy you also get personalised, practical advice on how to run your business more efficiently and pay the right amount of tax, all for a fraction of the cost of an in house bookkeeper.
How do you charge for bookkeeping and accounting?
Our services are fully customised, so our costs will vary depending on the size and scope of your business and what you’d like us to help you with. Our services typically range from $5000 up to $15,000 – 20,0000 — a lot less than a full time bookkeeper salary!
Our services are billed on a monthly subscription basis and we’re always on hand if you need to reach out with any questions.
What bookkeeping and accounting services do you provide?
Our range of bookkeeping and accounting services includes:
- Business tax returns and financial statements
- Business Activity Statements (BAS)
- Internal accounting, including bookkeeping and payroll
- Management reports for businesses
- Catch up bookkeeping
- Tax planning
- Sale of Business: Prepare of Vendor’s (section 52) statements for the sale of a business
- Setting up a new Business
– Advice on the right business structure
– Buying a business: review of the vendor’s financial information
– ABN, TFN and ACN applications
Our services are fully customisable, whatever you need help with we can get it sorted. Get in touch to find out how we can help streamline your business.
Get the most out of your tax return with our convenient, quick service.
Even though we love all things tax we know that for most people, tax time can be a real headache. Our aim is to make getting a tax return as easy, simple and painless as possible. We offer flexible appointment times and unique online consultations to make your tax appointment fit in with your busy schedule.
We won’t just go through the motions with your tax return, we’ll actively seek out opportunities for you to improve your financial situation and provide you with personal, practical advice. We’re not just here to ensure your return is compliant, we’re here to get you the best return possible and help you improve your financial situation along the way.
Dreading digging out all those forms and documents from the last twelve months? Don’t sweat it. If any of your information has gone walkabout we can track it down, with access to the ATO’s records and advice on how to get replacement copies of lost documents.
What about those late tax returns and that one you forgot to lodge back in 2013 when you were overseas? Don’t worry, we’ve got it covered. We specialise in late tax returns and don’t charge any extra fees for chasing down those long lost documents.
If you want a tax return from Perth accountants who’ll make the process simple, personal and pain free, talk to us.
- Flexible appointments & online consultations
- Personalised, proactive tax advice
- Simple, straightforward tax services
How much do your tax returns cost?
Our tax returns start from as low as $180.
|Electronic service||From $180|
|Non-resident & non-residents with HELP debt||From $180|
|Property investors||From $235|
|Sole traders – non GST registered||From $330|
|Sold traders – GST registered||From $440|
Fee from tax refund: $44
Late tax returns do not incur any extra fees – in fact, they’re kind of a specialty of ours!
The exact cost of your tax return service will depend on the complexity of your case. Factors that may lead to a higher priced tax return ($235+) include:
- Capital gains on property and shares
- Foreign expenses and income
- Log book motor vehicle claims
- Wrap account / multiple managed funds
- Terrible records (looking at you, “shoebox full of receipts” folks)
For more detail on our pricing check out our Tax returns price guide.
What if I don’t have all my documents?
Can’t find all your paperwork? Don’t sweat it! We can track down all the information the ATO has on file for you from the last 10 years, everything from PAYG summaries to bank interest, private health info and share dividends. We can also give you advice on the quickest way to get replacement copies of other documents and help you claim deductions without receipts wherever possible.
For a summary of what you need to bring to your tax appointment check out this checklist.
Do I have to lodge a tax return?
In most cases, yes. If any of the following factors apply to you for the financial year, you must submit a tax return:
- Your earned over $18,200
- You had tax deducted from your wages (even if it was only $1)
- You ran a business, even if it made under $18,200
If you’re unsure whether you need to submit a tax return use this ATO questionnaire to determine if you’re required to lodge a return.
How long will my refund take?
For refunds lodged online most refunds will be issued within 12 business days. Once you’ve lodged your tax return we’ll let you know whether you’re entitled to a refund, it will then be paid directly to your nominated Australian bank account provided we have all your account details.
Ready to build wealth through property? We’re here to help.
We know all the ins and outs and tax techniques to get the most out of your investment properties. We’ll teach you how to take advantage of the special rules that apply to property investors and show you how to leverage your resources to get a better return on investment.
Property is one of the most stable investments you can make. Along with the eventual sale price of the property you can gain steady returns through rental yields. If your tenants are paying higher rent than the mortgage repayments then the house is literally paying for itself —plus giving you some cash in your pocket.
So, how can we help you maximise your property investment?
We can help with everything from tax structure, negative gearing, loans, tax refunds, managing capital gains and dealing with depreciation. Our role is to help you utilise as many strategies, techniques and tricks as possible to build a successful investment property portfolio.
If you’re looking for Perth accountants who can get your investment property portfolio looking nice and healthy, we’re the ones for you.
- Make smarter investment choices
- Start your property investment journey
- Maximise your return on investment
How can I get my foot on the property ladder?
To start out as a property investor you need money —simple as that. For most of us that means getting a loan from the bank and saving for a deposit. The best way to achieve both those things is to have a realistic savings plan and to use all the tax advantages and special rules for property investors at your disposal. At Beyond Accountancy we specialise in helping people like you build investment property portfolios. Read more about our property investment services or get in touch for advice.
What is negative gearing?
Negative gearing is when the rental income from an investment property is less than your rental expenses. Typically people borrow money to invest in property, so this difference is usually caused by loan repayments exceeding the amount of rental income. When this difference exists there is a tax benefit that can be taken advantage of whereby this loss reduces your taxable income giving you a lower tax liability.
Because negative gearing is based on your tax rate this technique is more advantageous for higher income earners.
What is capital gains tax?
Essentially if you sell your property for more than you paid for it, in other words if you make a profit on your property, you’ll need to pay capital gains tax (CGT) on it. Capital gains are calculated based on the following formula:
Capital proceeds — Cost Base = Gross capital gain — Capital losses — 50% discount = Net capital gain
Your net capital gain is included in your tax return and taxed at the usual marginal tax rates. Find out more about capital gains tax in our Tax and Investment Properties fact sheet.
What are your property investment services?
We offer a range of property investment services including:
- Tax returns for individuals
- Property investment through super
- Tax projections for your next property purchase
- General advice and education
- Advice on capital gains tax and CGT property exemptions
For more information on how we can help you, get in touch for a chat today.