Tax laws are constantly changing, so it’s vital that you stay up to date with the latest regulations and how they affect you. With everything else that you’ve got going on, keeping current with your taxes can be overwhelming. It takes you away from the things you love to do.
Planning for your taxes and being proactive about your financial records means you obtain better tax outcomes–and have fewer issues with the Australian Tax Office. We’re not just about keeping you compliant, we’re about using our insights to help you legally minimise your obligations, develop a tax strategy, and navigate the complexities of tax laws in Australia.
Feel more comfortable and confident in your tax returns. We take care of staying on top of all key changes and developments, including the latest ATO audit warning areas that could affect your individual tax return.
We’ll work with you to:
All it takes is a short appointment. Simply contact us to book in a 20-minute consultation, which can take place either by phone or face-to-face.
The Australian Tax Office has complex depreciation rules, and you could be losing thousands of dollars in tax depreciation claims if you don’t know the correct depreciation reports for new and existing residential and rental properties. Additionally, the purpose of the investment property is also vital to your tax circumstances and can have consequences worth thousands of dollars on your taxes.
That’s where Bull & Associates comes in. We’re always on top of what ATO items you can claim and cannot claim related to your investment properties. We also implement Xero systems for recordkeeping so you can claim the maximum deductions and have long-term record keeping for a quick analysis of your capital gains tax obligations.
We’ll ensure you’re making full use of capital gains tax exemptions, and can advise you on issues such as subdivisions and vacant land holding costs.
If you’re an Airbnb host we can help you with calculating the capital gains tax implications of renting out part of your home as well as ensuring you’re claiming the right amount for the private portions of your home.
We help professionals like you in Gippsland, Docklands, and Victoria ethically maximise deductions and minimise obligations, so you can keep more of your money. We understand common ATO audit traps and can help you navigate them, as well as ensuring you can claim and match correct deductions to your specific occupation.
Additionally, we’ll find new deductions that allow you to keep more of your money, such as recent concessions that allow more employees to claim home-to-work travel.
We can also help you with:
Although being a sole trader is a simple way to start your business, the process of running your business is incredibly complex, with many decisions to make and a lot of data to collect.
You don’t have to do everything on your own. At Bull & Associates, we help you with your business finances by advising you on:
We take care of your accounting matters so you can focus on getting your amazing business off the ground.