TAX & ACCOUNTING IN DUBBO

Our bookkeeping & accounting services take the burden away from your business, meeting your reporting deadlines and allowing you to concentrate on what you do best. Whether your requirements are monthly, quarterly, or yearly, financial accounting, GST, or any other report compliance, we can assist.

Christies Accountants & Advisors in Dubbo provides advisory, tax and accounting services for a wide range of businesses, from traditional bricks and mortar to mobile, online, rural and agricultural. Each type of enterprise faces its own unique challenges with differing requirements, we can assist you to navigate through all the stages of your business.

When it comes to tax, it’s smart to take a proactive approach. Our team can assess your financial position, suggest the best course of action before the end of the financial year and even guide you through the steps.

No matter what your plan, we can advise on the appropriate structure. It may be a Company, Partnership, Sole Trader, or a combination. Our recommendation would factor key considerations such as tax minimisation, asset protection, succession, growth, and costs. Christies has a strong working relationship with local banks, insurance brokers, and legal practitioners which assists us in making all of this happen efficiently and effectively.

We have a proud record of minimal tax audits for our clients. We strongly believe that this is a consequence of having a strong and co-operative relationship with the Australian Taxation Office over many years.

We know that a tax audit can be a frightening, time-consuming and potentially costly exercise for clients. We have a particular focus on getting to know your business and financial affairs and providing a thorough, quality service. This enables us to prepare accurate figures, leaving you (and us) in a better position to handle a tax audit in the unlikely event that your business is selected.

Whether you’re concerned about your compliance with the latest tax changes, or you are looking for tax minimisation strategies for your business, we are here to help.

Give us a call and schedule an appointment with our tax and accounting experts.

What Is Goods And Services Tax

Goods and Services Tax (GST) is a tax on most products and services bought or sold in Australia. There are some products and services that are exempt from this tax, these include most basic food items, some health care products and services, specific education courses and basic requirements such as water, sewerage and drainage. Currently GST is set at 10%.

Who Pays Fringe Benefits Tax (FBT)?

FBT is a tax applied to most non-cash benefits provided by employers. The benefit could be provided to the employees directly, as well as associates and other third parties. The most common examples of fringe benefits are discounted loans, using a work car for private purposes, free concert tickets or other forms of entertainment benefits, etc.

Is Capital Tax Separate From Income Tax?

Any capital gains you make are included in your taxable income. There is a common misconception that there is a separate rate for capital gains tax but that is not the case.