Our Tax and Accounting Services
Personal Tax
At Newtown Tax Services we offer personalised and transparent tax return assistance, with a focus on delivering a high standard of advice to self-employed and professional individuals. You probably spent your entire year paying tax from your salary so you deserve a relaxed and educational half hour with us to maximise your deductions and get the best outcome on your return.
Business
If you’re self-employed or running a business, we understand the tax laws and accounting issues you need to know about. You can ask us about choosing the right business structure, applying for an ABN, registering for GST, lodging BAS’s, paying contractors and employees, keeping records and planning ahead for taxation. We provide cost-effective and efficient bookkeeping and BAS solutions. We can set you up with the right accounting system for your type of business, or suggest ways to improve the system that you’re already maintaining.
Investors
If you’re a property investor, we can prepare your return to make the most of negative gearing and explain how capital gains tax, GST and other property taxes affect you. Ask us about tax agent certified asset registers and depreciation reports to maximise tax benefit and secure your valuable long-term records.
International
If you’re from overseas, or earning income from overseas, we’ll clarify how the Australian tax system works in your particular circumstances. We’re comfortable dealing with complex tax issues that are beyond the competence of many tax consultants. We regularly deal with professional people who earn various types of income in several currencies, some that even reside overseas. Our experience in managing the complex rules around overseas income minimises our clients’ tax bills and avoids double taxation while ensuring legal requirements are met. We can also refer you to tax specialists in the UK and USA.
Overdue Returns
If you are behind with lodging your returns and worried about dealing with the ATO, we can help you get peace of mind now. We have many years experience sorting out overdue tax returns. Let us take the complexity out of your returns while at the same time saving you as much tax as possible. If you have several years to lodge as a salary/wage earner, your refund could be quite large.
We can help you get started now:See our Five Simple Steps