We understand the world of taxation can be daunting. An important part of our service is breaking down the complexities into easy to understand terms. Our highly trained and experienced team will then assist you to explore your options and together reach the best solution for you.
At the core, we aim to help you, your family and your business minimise tax liability and maximise your long-term success.
Our services include:
Income tax returns for individuals, companies, trusts, partnerships and superannuation funds
Whether you are an individual simply needing to lodge a tax return or a business owner with more complex accounting needs, our experienced team is on hand to provide the best advice and the best possible outcome.
We recommend avoiding late nights and last minute stress when it comes to tax time by being organised with your information and reporting throughout the year. Tax Planning should be carried out before the end of the financial year to enable strategies to be implemented so that your taxation liability can be minimised.
Preparation of financial statements
Financial statements are a formal record of the financial activities and position of your business. These statements are important for checking the health of your finances and are integral documents for external organisations such as banks. Our team can prepare accurate and detailed financial statements, advising you on what they mean, and how to use them to suit your requirements.
Self-Managed Superannuation Funds (SMSF)
Self-managed superannuation funds are heavily regulated and require financial statements and income tax returns lodged on a timely basis. At GPS, we specialise in preparing and lodging your SMSF returns.
Goods and services tax (GST)
Does your business need to register for GST? What does this involve and how do you do a Business Activity Statement (BAS) once you are registered? GST does not need to be complicated or stressful for your business. Let us offer some professional advice and work with you to manage GST compliance easily.
Capital gains tax (CGT)
Simply put, capital gains tax applies to capital gain (or profit) made from selling an asset. There are some specific exemptions, such as the family home. If you are thinking of disposing of an asset, give us a call first, to minimise your tax liability.
Fringe benefits tax (FBT)
Fringe benefits tax (FBT) is tax that employers pay on certain benefits (e.g. company car) they provide to employees, their families or associates. If you are an employer wanting to structure benefits more effectively and reduce FBT, our experienced team can work with you on the right approach.
Australian Securities Investment Commission (ASIC) compliance and reporting
If you are a registered business (any type or size), you will need to comply with the rules and regulations set by ASIC to ensure your business operates legitimately. If you are ever unsure about any aspect of your business operations, pick up the phone or send us an email to check. Remember, it’s better to ask a quick question than be sorry!
If you or your business require a personalised service not listed above, please let us know. Even if we can’t help you, we almost certainly can point you in the right direction to someone we know and trust to meet your requirements.
George has helped me stay abreast of the changing landscape of tax legislation that can affect my business.
I appreciate the fact that George doesn’t cut corners and conducts his business with integrity, while at the same time helping me reduce my tax burden legitimately.
I have referred clients to George, who happily, think the same.
Through accurate BAS Lodgment, business advice and tax return preparation, GPS Business Solution has helped our business build and implement better processes.
All the staff are very knowledgeable and are always ready to help with the “extras” that come with running a business.
They are honest and integral to the success of our business.
The team at GPS Business Solutions are friendly and professional.
Their ability to sort our tax promptly and accurately while providing personalised customer service makes us feel like our business is in very safe hands.
GPS Business Solutions has helped us with tax returns, financial statements, BAS and tax planning for over 21 years.
Their accounting assistance is always delivered with great service and friendliness.
We feel without George and his team, and their willingness to help, we may have floundered a little in the past.
Many thanks GPS and staff.
GPS offer a personalised service and have helped me maintain a consistent focus on compliance, tax efficiency and forecasting.
They take the time to understand our business and ensure all regulatory and statutory requirements are met quickly and efficiently.