Company Tax Services, Company Accounting Services, Accounting Services, Tax Agents, and Taxation Services in NSW

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We provide constructive solutions for every stage of your business & financial growth and development. We assess the business and tax advantages of complex structures suitable for small business entities and their owners.

Individual Tax Returns

Sole Trader Tax Returns

Partnership Tax Returns

Company Tax Returns

Trust Tax Returns

SMSF Tax Returns

Financial Statements

BAS/IAS

Rental Property

Individual Tax Returns

If you are paying too much tax and not taking full advantage of deductions and rebates that you are entitled to, then you need our assistance. Our staff are dedicated to helping you minimise your tax liability and maximise your tax position. Let us take the hassle out of preparing and lodging your tax return.

Express tax returns (Prepare, lodge your tax returns & get a refund from the ATO within 10 days)
Complete tax returns on the spot
Prepare tax returns via email
Transfer tax refunds into your personal bank account
Prepare tax returns for both resident and non-resident
Prepare prior year tax returns
Prepare tax return amendments
ATO audit
Share trading and investment property

Sole Trader Tax Returns

A sole trader is the simplest business structure, involving operating your business under your own name or with a registered business name. As a sole trader, all of your business income and expenses are included within your individual tax return and taxed at your marginal tax rate. You are personally responsible for all tax and legal obligations of the business.

Apply for ABN, GST and PAYG registrations
Prepare & lodge monthly, quarterly and annual activity statements
Prepare & lodge sole trader tax returns
Attend to monthly, quarterly and annual compliance requirements

Partnership Tax Returns

A partnership is not a separate taxable entity and is not assessed on its taxable income. Instead the partners are assessed on their share of the income or losses of the partnership. A partnership tax return needs to be prepared each year showing the income and expenses of the partnership, as well as each partner’s share of the partnership income or loss.

Set up new partnership
Apply new TFN, ABN & GST & PAYG
Prepare & lodge monthly, quarterly and annual activity statements
Prepare financial statements
Prepare & lodge annual partnership tax return

Company Tax Returns

A company is a separate legal entity to its owners. This provides an effective vehicle for asset protection and limitation of legal liability. Companies are regulated by ASIC and must comply with the requirements of the Corporations Act.

Set up new company
Apply TFN, ABN, GST & PAYG
Prepare & lodge monthly, quarterly and annual activity statements
Prepare financial statements
Prepare & lodge company tax return
Attend to monthly, quarterly and annual compliance requirements

Trust Tax Returns

A trust can be an effective vehicle for minimising tax. A trust can distribute income amongst multiple beneficiaries, thereby enabling income to be split in a tax effective manner. A trust is not a separate legal entity. However the trustee of a trust is required to lodge a tax return for the trust showing its net income and how the income is distributed to beneficiaries.

Set up different trust structures
Apply TFN, ABN, GST & PAYG
Prepare & lodge monthly, quarterly and annual activity statements
Prepare financial statements
Prepare & lodge trust tax return
Assistance with making tax effective trust distributions and drafting distribution minutes
Attend to monthly, quarterly and annual compliance requirements

SMSF Tax Returns

Self Managed Superannuation Funds (SMSF’s) are becoming increasing popular in Australia. SMSF’s provide control and flexibility for people to manage their superannuation. SMSF’s are also a tax effective vehicle for investments. The tax rate for an SMSF is 15% whilst in the accumulation phase, and 0% in the pension phase. This structure creates opportunities for wealth planning, tax planning and retirement planning.

Setup new SMSF
Apply TFN, ABN and GST
Prepare & lodge monthly, quarterly and annual activity statements
Prepare financial statements and members statements
Prepare & lodge SMSF tax returns
Attend to monthly, quarterly and annual compliance requirements

Financial Statements

Prepare business accounts and financial statements for different business entities.

Profit & loss statement
Balance sheet
Cash flow statement
Depreciation schedule
Partners’ profit distribution
Member’s information statement
Beneficiaries profit distribution

BAS/IAS

We can help you prepare and lodge your Business Activity Statements & Instalment Activity Statements. Your BAS’s can be fully integrated with our bookkeeping and payroll services to ensure you are meeting your compliance obligations. As a registered tax agent, we can also obtain lodgement and payment extensions by lodging your Business Activity Statements electronically.

Prepare & lodge monthly BAS and IAS
Prepare & lodge quarterly BAS and IAS
Prepare & lodge annual BAS
Attend to monthly, quarterly and annual compliance requirements

Rental Property Tax

We are experts in rental property tax returns We provide advice in managing your rental property and on how to report your rental property to maximize your tax deduction We also help you to organise property depreciation schedule with no hassle

Rental property tax returns
Commercial property investment GST lodgement
Capital gains tax advice on selling property
Advice on negative gearing benefits
Maximising tax deductions with your rental property

Sunny Wong & Co

Individual Tax Returns

Sole Trader Tax Returns

Partnership Tax Returns

Company Tax Returns

Trust Tax Returns

SMSF Tax Returns

Financial Statements

BAS/IAS

Rental Property Tax

For advice you can trust

Sunny Wong & Co is a CPA Practice

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