ABC Taxation & Business Solutions

ABC Taxation & Business Solutions provides Accounting, Bookkeeping & Consulting

Let us help you improve your business. We support local Port Stephens businesses and clients across Australia with Accounting support, Taxation Compliance, Bookkeeping, Accounting Software, as well as Consulting - essential to the long-term success of any business.

Accounting – Simplify complex tax matters to take the confusion out of your taxation requirements and ever changing laws secure in the knowledge that you will be provided with up to date professional, relevant advice delivered in a straightforward manner.

Our focus is not only to ensure that our clients comply with current tax legislation but also to recognise the importance of consulting and advisory services to ensure that you minimise your obligations whilst continuing to comply.

Compliance services offered are:

Tax returns for:

Companies
Partnerships
Trusts
SMSF
Individuals

Other Accounting Services -

Financial Statements
GST
Business Activity Statements (BAS) and Instalment Activity Statements (IAS)
Payroll
PAYG reporting
Investment property taxation advice
Capital gains tax
Fringe Benefits Tax (FBT)
Company secretarial
Business structure & setup – Company, Partnership & Sole Trader
SMSF setup – Corporate or individual trustee
Workers compensation
Taxable Payments Annual reporting (TPAR) – Building & Construction Industry

Bookkeeping – Staying on top of the bookwork is important in any business, small or large. It’s easy to get caught up in the daily grind of running the business and letting the bookwork slip behind but potentially, this can be the difference between a successful business and a failed one.

It can be difficult to set up your own system without a bookkeeping background and running a business today requires accurate and real time business information. For your convenience, we offer a full bookkeeping service operated either from our office, by working remotely using secure Cloud based software.

Utilising the time and money saving benefits of Cloud software allows you to maximise your time doing what you know best, so you can focus on your strengths to grow your business and achieve your goals.

A strong bookkeeping system can help you keep accurate records for a range of purposes. These include meeting your reporting obligations, lodging and paying tax, as well as analysing business activities and cash flow, attracting investors, and seeking finance.

Engaging ABC Taxation & Business Solutions to assist with your bookkeeping requirements ensures that all your obligations are accurately met on time to provide current financial analysis and management, fulfilment of tax obligations, and business planning.

For those businesses that prefer a more hands on role when completing their bookwork, we can provide software training and support where required.

ABC Taxation specialise in the following accounting software:

• MYOB

• Xero

• Quickbooks

• Sage Handisoft

Consulting – Essential to the success of any business is to formulate an effective business plan. As the saying goes, ‘a day without a plan is a day wasted’! Let us help to develop a solution with you to maximise your particular situation and progress towards the achievement of your goals. Together we can look at the structure of your business, develop a strategy, and implement budgets, procedures and streamline systems to help you increase productivity, improve profits and achieve your goals.

Business consultation services offered are:

• Budgeting and cash flow forecasting

• Projected profitability and tax planning advice

• Monthly, quarterly or annual business analysis

• Benchmarking

• Internal system reviews

• General management advice