Services

TAXATION & ACCOUNTING SERVICES

Taxation Services

Every client is an individual and we strive to treat them as such. We deal with a broad range of personal and corporate taxation issues, so no matter what advice you need on taxes, our team will identify the best solutions for your group as a whole. We take care of all your compliance matters with the highest level of skill and knowledge with services such as

Preparation and lodgement of taxation returns

Preparation and lodgement of Business Activity Statements

Capital gains taxation planning

Fringe benefits tax returns

Payroll tax returns compliance

Tax planning and minimisation

PAYG and superannuation compliance

Accounting Services

Business is always a challenging venture but it can be made easier with the assistance of Positive Accounting Solutions. In addition to the preparation and analysis of annual financial accounts and regular management accounts, we can also assist you in the following areas.

Business start-up planning and advice

Financial Management

Financial information systems

Preparation of annual accounts

Cashflow forecasting and management

Preparation of periodic management accounts

BAS preparation and lodgement

Supporting Xero and other Accounting software packages

Long term plans for your business and exit strategies

PAYG and Superannuation Guarantee compliance

Computer systems advice

Self Managed Superannuation Funds

Queensland Building and Construction Commission (QBCC) Licencing Requirements

BUSINESS STRUCTURES

We all want our business to grow. But this won’t happen without some forward thinking. There are many issues to consider when planning for growth – even if you are just starting out in business.As your business grows, you will have many exciting opportunities. But you will also face greater risks, increased costs and a heavier workload. When planning for growth, it is important you structure your business to ensure you can maximise opportunities and minimise risks.

Many small businesses start out as sole traders or partnerships but find they outgrow this structure. It can be very satisfying to be your own boss. But there are big risks involved too. And, unless you have access to large amounts of capital, your opportunities for growth may be limited. As your business grows, you may also have to change the way you manage your risks.

Most medium to large businesses choose to operate as a company or trust structure. There are good reasons for this as a corporate or trust structure offers a good way of limiting your personal liability if things should go wrong.

Our business structure services include:

Incorporation of Companies, Trusts & Partnerships

Structuring Options

Business and ownership structures

Trusts, asset protection and estate planning

Self Managed Superannuation Funds

Investment structures

SMSF ADMINISTRATION

Self Managed Superannuation Funds provide a great opportunity to take control of your superannuation and build your wealth for retirement. The team at Positive Accounting Solutions have the skills, experience and dedicated SMSF software package to determine the best solution for you. To ensure healthy financial outcomes by wise investment decisions we offer the following services:

Set-up and advise on legislative requirements for the administration

Investment strategy

Advice on investments such as direct property including business premises

Tax compliance obligations

Audit the financial position and operation

Preparation of financial reports

Starting or commuting a pension

Provision of actuarial certificates