We’ve designed an annual package that’s practical and proactive including accounting services with advice. At a price that’s not cheap, nor steep.


Annual Package
Aside from being your sounding-board, every year we will guide you to:
If you have a business there are certain things that must be done each year. We prepare your annual financials and tax returns and help you keep compliant with the ATO.
One thing is for sure - things will change. We will keep your business up to date with any new tax law or ATO changes that apply to your situation.
The best way to achieve your goals is to have them written down and have someone keep you accountable. Our annual workshop will look at what you have accomplished over the last year and help you determine what to focus on in the upcoming year.
We really enjoy helping people and we will do our best to help you build your business into what you want it to be. We encourage you to contact us with any questions you may have and touch base in between our annual workshop to help you keep on track.
Establish a Strategic Plan
from
$
3300
We all have plans and dreams for our business. To make sure you achieve your plans we work with you to put together a solid stragic plan that is realistic and achievable. This includes a 1/2 day workshop covering all aspects of your business including customers/clients, product/services, marketing and financial implications. We provide you with a documented strategic plan for you to track your progress.
Cashflow forecasting
from
$
1650
Cash is King for any business. If you don't have enough cash to cover your expenses or your business expansion, your may be in trouble. This includes a 2 hour meeting and we provide you with a tailored 12 month cash forecast to help manage your business.
Monthly or Quarterly Review
from
$
4400
It can be hard running a business by yourself. Sometimes you need an outsider to help you understand what has happened and what needs to happen. We can be your sounding board and advisor on a regular basis. This includes quarterly/(monthly) 2 hour meeting covering all aspects of your business (including cashflow, staff, marketing and product/services) - reviewing what has happened and help you clarify the way forward so that you keep on top of your business and make adjustments to future plans/forecasts .
Set Up Business Structure
from
$
1650
We will meet with you to understand your business and personal circumstances and then recommend the best business structure for you. This includes the set-up of the structure, applying for an ABN and tax file number, and registering you for GST/PAYG as required.processes you need to help you run your business.
Buying a Business
from
$
1650
If you are buying a business you need to make sure you understand what you are buying. Lets face no one can be good at everything. With our experience we can help you review information provided and analyse what this means so you don't have any surprises after you have signed on the dotted line.
Self-Mananged-Super Tax & Compliance
from
$
2750
Self-Managed-Superfunds are strictly governed and can be very comlex. We can make sure you remian compliant with the ATO and prepare you annual financials and tax returns.
Detailed Tax Planning
from
$
1100
Our main objective is to always give you the best tax advice. Sometimes things are a little more complicated and we may need to spend considerable time preparing the best tax solution for you which is over and above our normal scope of work.
Xero Setup
from
$
550
Everyone wants to make life easier - using a cloud based software like Xero can save you lots of time. Like any new process this can be time consuming. We or one of our recommended book-keepers can get you started.
Bookkeeping
from
$
0
If bookkeeping isn't your "thing" we can put you in touch with a bookkeeper to ensure everything is done for you in a timely manner.
Annual ASIC Compliance
from
$
220
If your business is set up as a Company, or you have a trust with a Company as trustee every year you will need to comply with ASIC's rules and pay their annual fee. We can ensure you're organised and help manage this for you.
Prepare Monthly Instalment Activity Statement (IAS)
from
$
132
If your business is required to pay PAYG monthly instalments we can prepare and lodge this on your behalf.
Prepare Monthly or Quaterly Business Activity Statement (BAS)
from
$
275
All business with sales over $75,000 must be registered for GST. This means you need to lodge a quarterly (or monthly) BAS. We can prepare and lodge this for youy business.
Division 7A Loans (for companies only)
from
$
550
It's your Company so the money is yours - Right ? ......Wrong.....There are strict rules around how you take money out of your Company and this may result in a Dision 7A Loan. If this happens we can help you remain compliant with these rules to ensure you don't end you with an unexpected tax bill.
Trust - Tax Compliance
from
$
165
If you have a Family Trust, you must determine who receives the distribution of the trust before 30 June each year. We work with you to prepare your trust minutes to fulfill the legal requirements.
Super Guarantee Charge Statement (SGC)
from
$
275
If you don't pay your super guarantee for your employees on time you must lodge a SCG statement with the ATO. We can do this for you.
Fringe Benefits Tax (FBT)
from
$
275
If you provide your employees with any private benefit - such as use of a car for private purposes, your business is liable for FBT. We can prepare and lodge your FBT return for you.
Taxable Payments Annual Report (TPAR)
from
$
165
If you engage contractors in your business you may need to lodge an annual TPAR. We can prepare and lodge this for you.
Worcover Remuneration
from
$
220
All incorporated business need workcover for their employees. We can complete you annual workcover declaration for you.
Payroll Tax
from
$
1320
If you employ staff you may need to pay payroll tax. We can prepare and lodge your monthly payroll tax return for you.
Access Commerical Finance
from
$
275
Working with your finance partner, we'll help access the cash you need fuel your business potential. Whether you need it to purchase your business premise, a business vehicle, buy equipment or working capital we can help make this happen.
Access Personal Finance
from
$
220
Working with your finance partner, we'll help access the cash you need fuel your personal potential. Whether you're looking to buy a home, car or anything else we can help.
Establish a Strategic Plan
from
$
3300
We all have plans and dreams for our business. To make sure you achieve your plans we work with you to put together a solid stragic plan that is realistic and achievable. This includes a 1/2 day workshop covering all aspects of your business including customers/clients, product/services, marketing and financial implications. We provide you with a documented strategic plan for you to track your progress.
Cashflow forecasting
from
$
1650
Cash is King for any business. If you don't have enough cash to cover your expenses or your business expansion, your may be in trouble. This includes a 2 hour meeting and we provide you with a tailored 12 month cash forecast to help manage your business.
Monthly or Quarterly Review
from
$
4400
It can be hard running a business by yourself. Sometimes you need an outsider to help you understand what has happened and what needs to happen. We can be your sounding board and advisor on a regular basis. This includes quarterly/(monthly) 2 hour meeting covering all aspects of your business (including cashflow, staff, marketing and product/services) - reviewing what has happened and help you clarify the way forward so that you keep on top of your business and make adjustments to future plans/forecasts .
Determining how much your Business is worth
from
$
1650
Want to know the value of your business, if you were to sell it? We can help you determine it's value, so you know where you stand. We can also highlight areas for you to focus on to improve the value of your Business. Please note we are not registered Business Valuers.
How to Sell Successfully - Workshop
from
$
3300
If you're looking to sell you business at some point or have been approached to sell, let us help you ensure you get the best price for your hard-earned work. We'll help you devise a strategy to maximisee it's value and inform you of the steps involved.
Set Up Business Structure
from
$
1650
We will meet with you to understand your business and personal circumstances and then recommend the best business structure for you. This includes the set-up of the structure, applying for an ABN and tax file number, and registering you for GST/PAYG as required.processes you need to help you run your business.
Buying a Business
from
$
1650
If you are buying a business you need to make sure you understand what you are buying. Lets face no one can be good at everything. With our experience we can help you review information provided and analyse what this means so you don't have any surprises after you have signed on the dotted line.
Business Restructure
from
$
1100
Has your Business grown , or your circumstances changed and now it's time to rearrange your business set-up. We work with you to recommend the best way to restructure your business that suits your situation.
Self-Mananged-Super Tax & Compliance
from
$
2750
Self-Managed-Superfunds are strictly governed and can be very comlex. We can make sure you remian compliant with the ATO and prepare you annual financials and tax returns.
Detailed Tax Planning
from
$
1100
Our main objective is to always give you the best tax advice. Sometimes things are a little more complicated and we may need to spend considerable time preparing the best tax solution for you which is over and above our normal scope of work.
Estate Planning
from
$
1100
You have worked hard and now have some assets - have you worked out who to leave them to ? We can help you work out a tax effective plan so you can have peace of mind.
Xero Setup
from
$
550
Everyone wants to make life easier - using a cloud based software like Xero can save you lots of time. Like any new process this can be time consuming. We or one of our recommended book-keepers can get you started.
Bookkeeping
from
$
0
If bookkeeping isn't your "thing" we can put you in touch with a bookkeeper to ensure everything is done for you in a timely manner.
Annual ASIC Compliance
from
$
220
If your business is set up as a Company, or you have a trust with a Company as trustee every year you will need to comply with ASIC's rules and pay their annual fee. We can ensure you're organised and help manage this for you.
Prepare Monthly Instalment Activity Statement (IAS)
from
$
132
If your business is required to pay PAYG monthly instalments we can prepare and lodge this on your behalf.
Prepare Monthly or Quaterly Business Activity Statement (BAS)
from
$
275
All business with sales over $75,000 must be registered for GST. This means you need to lodge a quarterly (or monthly) BAS. We can prepare and lodge this for youy business.
Division 7A Loans (for companies only)
from
$
550
It's your Company so the money is yours - Right ? ......Wrong.....There are strict rules around how you take money out of your Company and this may result in a Dision 7A Loan. If this happens we can help you remain compliant with these rules to ensure you don't end you with an unexpected tax bill.
Trust - Tax Compliance
from
$
165
If you have a Family Trust, you must determine who receives the distribution of the trust before 30 June each year. We work with you to prepare your trust minutes to fulfill the legal requirements.
Super Guarantee Charge Statement (SGC)
from
$
275
If you don't pay your super guarantee for your employees on time you must lodge a SCG statement with the ATO. We can do this for you.
Fringe Benefits Tax (FBT)
from
$
275
If you provide your employees with any private benefit - such as use of a car for private purposes, your business is liable for FBT. We can prepare and lodge your FBT return for you.
Taxable Payments Annual Report (TPAR)
from
$
165
If you engage contractors in your business you may need to lodge an annual TPAR. We can prepare and lodge this for you.
Worcover Remuneration
from
$
220
All incorporated business need workcover for their employees. We can complete you annual workcover declaration for you.
Payroll Tax
from
$
1320
If you employ staff you may need to pay payroll tax. We can prepare and lodge your monthly payroll tax return for you.
Access Commerical Finance
from
$
275
Working with your finance partner, we'll help access the cash you need fuel your business potential. Whether you need it to purchase your business premise, a business vehicle, buy equipment or working capital we can help make this happen.
Access Personal Finance
from
$
220
Working with your finance partner, we'll help access the cash you need fuel your personal potential. Whether you're looking to buy a home, car or anything else we can help.
Cashflow forecasting
from
$
1650
Cash is King for any business. If you don't have enough cash to cover your expenses or your business expansion, your may be in trouble. This includes a 2 hour meeting and we provide you with a tailored 12 month cash forecast to help manage your business.
Monthly or Quarterly Review
from
$
4400
It can be hard running a business by yourself. Sometimes you need an outsider to help you understand what has happened and what needs to happen. We can be your sounding board and advisor on a regular basis. This includes quarterly/(monthly) 2 hour meeting covering all aspects of your business (including cashflow, staff, marketing and product/services) - reviewing what has happened and help you clarify the way forward so that you keep on top of your business and make adjustments to future plans/forecasts .
Determining how much your Business is worth
from
$
1650
Want to know the value of your business, if you were to sell it? We can help you determine it's value, so you know where you stand. We can also highlight areas for you to focus on to improve the value of your Business. Please note we are not registered Business Valuers.
How to Sell Successfully - Workshop
from
$
3300
If you're looking to sell you business at some point or have been approached to sell, let us help you ensure you get the best price for your hard-earned work. We'll help you devise a strategy to maximisee it's value and inform you of the steps involved.
Selling you Business
from
$
3300
Once you have deceided to sell you will need someone in your corner who can help you - get the best price, work out a negoiation strategy, help prepare the documentation for the sale process and be an impartial sounding board. We can provide this service for you .
Business Restructure
from
$
1100
Has your Business grown , or your circumstances changed and now it's time to rearrange your business set-up. We work with you to recommend the best way to restructure your business that suits your situation.
Self-Mananged-Super Tax & Compliance
from
$
2750
Self-Managed-Superfunds are strictly governed and can be very comlex. We can make sure you remian compliant with the ATO and prepare you annual financials and tax returns.
Detailed Tax Planning
from
$
1100
Our main objective is to always give you the best tax advice. Sometimes things are a little more complicated and we may need to spend considerable time preparing the best tax solution for you which is over and above our normal scope of work.
Estate Planning
from
$
1100
You have worked hard and now have some assets - have you worked out who to leave them to ? We can help you work out a tax effective plan so you can have peace of mind.
Xero Setup
from
$
550
Everyone wants to make life easier - using a cloud based software like Xero can save you lots of time. Like any new process this can be time consuming. We or one of our recommended book-keepers can get you started.
Bookkeeping
from
$
0
If bookkeeping isn't your "thing" we can put you in touch with a bookkeeper to ensure everything is done for you in a timely manner.
Annual ASIC Compliance
from
$
220
If your business is set up as a Company, or you have a trust with a Company as trustee every year you will need to comply with ASIC's rules and pay their annual fee. We can ensure you're organised and help manage this for you.
Prepare Monthly Instalment Activity Statement (IAS)
from
$
132
If your business is required to pay PAYG monthly instalments we can prepare and lodge this on your behalf.
Prepare Monthly or Quaterly Business Activity Statement (BAS)
from
$
275
All business with sales over $75,000 must be registered for GST. This means you need to lodge a quarterly (or monthly) BAS. We can prepare and lodge this for youy business.
Division 7A Loans (for companies only)
from
$
550
It's your Company so the money is yours - Right ? ......Wrong.....There are strict rules around how you take money out of your Company and this may result in a Dision 7A Loan. If this happens we can help you remain compliant with these rules to ensure you don't end you with an unexpected tax bill.
Trust - Tax Compliance
from
$
165
If you have a Family Trust, you must determine who receives the distribution of the trust before 30 June each year. We work with you to prepare your trust minutes to fulfill the legal requirements.
Super Guarantee Charge Statement (SGC)
from
$
275
If you don't pay your super guarantee for your employees on time you must lodge a SCG statement with the ATO. We can do this for you.
Fringe Benefits Tax (FBT)
from
$
275
If you provide your employees with any private benefit - such as use of a car for private purposes, your business is liable for FBT. We can prepare and lodge your FBT return for you.
Taxable Payments Annual Report (TPAR)
from
$
165
If you engage contractors in your business you may need to lodge an annual TPAR. We can prepare and lodge this for you.
Worcover Remuneration
from
$
220
All incorporated business need workcover for their employees. We can complete you annual workcover declaration for you.
Payroll Tax
from
$
1320
If you employ staff you may need to pay payroll tax. We can prepare and lodge your monthly payroll tax return for you.
Access Commerical Finance
from
$
275
Working with your finance partner, we'll help access the cash you need fuel your business potential. Whether you need it to purchase your business premise, a business vehicle, buy equipment or working capital we can help make this happen.
Access Personal Finance
from
$
220
Working with your finance partner, we'll help access the cash you need fuel your personal potential. Whether you're looking to buy a home, car or anything else we can help.
Cashflow forecasting
from
$
1650
Cash is King for any business. If you don't have enough cash to cover your expenses or your business expansion, your may be in trouble. This includes a 2 hour meeting and we provide you with a tailored 12 month cash forecast to help manage your business.
Self-Mananged-Super Tax & Compliance
from
$
2750
Self-Managed-Superfunds are strictly governed and can be very comlex. We can make sure you remian compliant with the ATO and prepare you annual financials and tax returns.
Detailed Tax Planning
from
$
1100
Our main objective is to always give you the best tax advice. Sometimes things are a little more complicated and we may need to spend considerable time preparing the best tax solution for you which is over and above our normal scope of work.
Estate Planning
from
$
1100
You have worked hard and now have some assets - have you worked out who to leave them to ? We can help you work out a tax effective plan so you can have peace of mind.
Annual ASIC Compliance
from
$
220
If your business is set up as a Company, or you have a trust with a Company as trustee every year you will need to comply with ASIC's rules and pay their annual fee. We can ensure you're organised and help manage this for you.
Prepare Monthly Instalment Activity Statement (IAS)
from
$
132
If your business is required to pay PAYG monthly instalments we can prepare and lodge this on your behalf.
Prepare Monthly or Quaterly Business Activity Statement (BAS)
from
$
275
All business with sales over $75,000 must be registered for GST. This means you need to lodge a quarterly (or monthly) BAS. We can prepare and lodge this for youy business.
Trust - Tax Compliance
from
$
165
If you have a Family Trust, you must determine who receives the distribution of the trust before 30 June each year. We work with you to prepare your trust minutes to fulfill the legal requirements.
Access Personal Finance
from
$
220
Working with your finance partner, we'll help access the cash you need fuel your personal potential. Whether you're looking to buy a home, car or anything else we can help.
Not sure what you need? Let’s chat
Book a meeting
FAQs
We work small businesses, many of whom are service-based but also small manufacturing & retail businesses. We have experience with tradies, health services, professional servicesconstruction and retail businesses. We don't limit ourselves in any particular industry - we specialise in helping our clients improve the value of their business, as a key asset to one day sell or pass on to family members.
A great first step is booking a chat with us so we can understand you, your business and how we can help. We value getting to know you personally, so we can provide you with the best advice.
From there, we can help you set up the right structure, implement the right software and help you develop the right processes so that your business ticks all the right boxes so that you can grow into the business you always dreamt of.
Bookkeeping is a crucial component within the broader accounting system. It involves recording and organising your financial data; from your invoices and business transactions.
Accounting, on the other hand, utilises the information from your bookkeeping to generate financial reports and cashflow statements to track how your business is performing.
These two functions, Bookkeeping and Accounting, collaborate closely, hence why we partner with bookkeepers who align with our values and believe they provide some of the best services. Alternatively, if you have your own bookkeeper (internal or external) we are happy to work with them too.
In short, yes. We can guide you to deal with the ATO yourself or we can speak to them on your behalf if required.
It's different for every individual and business owner. Rest assured, we'll supply you with a checklist with everything we need from you.
We’re a big fan of cloud accounting, specifically we work with Xero. We can help you set up your Xero account and in conjunction with our recommended book-keepers train and support you and your business to ensure you are getting the best experience with the software.
Some benefits include:
Accessibility: You can access your accounting and financial records anywhere with internet - including via mobile.
Real-Time Collaboration: Which means multiple users including us as your accountants, and other business owners, can work on the same set of financial data simultaneously.
Data Security: Cloud accounting softwares invest a significant amount into securing your data, which is likely a lot more secure than internal storing systems.
Automatic Backups: Cloud accounting systems automatically back up data, reducing the risk of data loss due to hardware failure, accidents, or other unforeseen events.
Integration with Other Software: Cloud accounting software often integrates seamlessly with other business applications and tools, such as CRM systems, payment processors, and project management software. This integration streamlines workflows and reduces manual data entry.
If you’re at the stage where you’re planning to sell your business or you have been approached to sell your business we can support you:
- to understand your business value and what would be a realistic price
- prepare the right financial statements
- provide a clear process for you to follow
- outline risks and help devise strategies to minimise any impoact
We have a number of different offerings to choose from.
It depends on where you are at with your business. Our annual package includes an annual meeting to review the year just passed and plan for the upcoming year. This is good for those who have an established business that is running to plan.
Of course we encourage you to contact us at any point over the year for any queries you may have.
However not everyone is good at all things such as strong financial management. Your business may require some extra TLC and we can discuss adding in extra reviews for things such as a third party sounding board on everyday business/financial issues, cashflow problems, additional funding requirements and unexpected roadblocks which impact your business.
Structuring your business as a Sole Trader, Partnership, Company or Trust will depend on a lot of factors in your business including business size, owners, finance, and plans to grow. That’s why it’s important to meet with an accountant who specialises in small businesses who can understand your business in-depth. All to provide you with the best structuring advice to your tax, and get you closer to your long-term goals in business.
Establishing your own Self-Managed Super Fund (SMSF) can offer great advantages in increased autonomy and versatility in accessing investment opportunities within your superannuation. However, managing an SMSF comes with a lot of responsibilities to ensure you are remaining compliant and investing in the best way possible for you and your business.
At TAK we work with financial planners to ensure that you have the best set up for you SMSF for your financial goals and that you have the best investment strategy to align with you and your business. We provide accounting and tax advice for your SMSF and help you keep compliant.
We are not financial planners and as such cannot provide financial advice. We can advise on the tax consequences of your financial assets and where appropriate can put you in touch with a financial planner.
We work small businesses, many of whom are service-based but also small manufacturing & retail businesses. We have experience with tradies, health services, professional servicesconstruction and retail businesses. We don't limit ourselves in any particular industry - we specialise in helping our clients improve the value of their business, as a key asset to one day sell or pass on to family members.
A great first step is booking a chat with us so we can understand you, your business and how we can help. We value getting to know you personally, so we can provide you with the best advice.
From there, we can help you set up the right structure, implement the right software and help you develop the right processes so that your business ticks all the right boxes so that you can grow into the business you always dreamt of.
Bookkeeping is a crucial component within the broader accounting system. It involves recording and organising your financial data; from your invoices and business transactions.
Accounting, on the other hand, utilises the information from your bookkeeping to generate financial reports and cashflow statements to track how your business is performing.
These two functions, Bookkeeping and Accounting, collaborate closely, hence why we partner with bookkeepers who align with our values and believe they provide some of the best services. Alternatively, if you have your own bookkeeper (internal or external) we are happy to work with them too.
In short, yes. We can guide you to deal with the ATO yourself or we can speak to them on your behalf if required.
It's different for every individual and business owner. Rest assured, we'll supply you with a checklist with everything we need from you.
We’re a big fan of cloud accounting, specifically we work with Xero. We can help you set up your Xero account and in conjunction with our recommended book-keepers train and support you and your business to ensure you are getting the best experience with the software.
Some benefits include:
Accessibility: You can access your accounting and financial records anywhere with internet - including via mobile.
Real-Time Collaboration: Which means multiple users including us as your accountants, and other business owners, can work on the same set of financial data simultaneously.
Data Security: Cloud accounting softwares invest a significant amount into securing your data, which is likely a lot more secure than internal storing systems.
Automatic Backups: Cloud accounting systems automatically back up data, reducing the risk of data loss due to hardware failure, accidents, or other unforeseen events.
Integration with Other Software: Cloud accounting software often integrates seamlessly with other business applications and tools, such as CRM systems, payment processors, and project management software. This integration streamlines workflows and reduces manual data entry.
If you’re at the stage where you’re planning to sell your business or you have been approached to sell your business we can support you:
- to understand your business value and what would be a realistic price
- prepare the right financial statements
- provide a clear process for you to follow
- outline risks and help devise strategies to minimise any impoact
We have a number of different offerings to choose from.
It depends on where you are at with your business. Our annual package includes an annual meeting to review the year just passed and plan for the upcoming year. This is good for those who have an established business that is running to plan.
Of course we encourage you to contact us at any point over the year for any queries you may have.
However not everyone is good at all things such as strong financial management. Your business may require some extra TLC and we can discuss adding in extra reviews for things such as a third party sounding board on everyday business/financial issues, cashflow problems, additional funding requirements and unexpected roadblocks which impact your business.
Structuring your business as a Sole Trader, Partnership, Company or Trust will depend on a lot of factors in your business including business size, owners, finance, and plans to grow. That’s why it’s important to meet with an accountant who specialises in small businesses who can understand your business in-depth. All to provide you with the best structuring advice to your tax, and get you closer to your long-term goals in business.
Establishing your own Self-Managed Super Fund (SMSF) can offer great advantages in increased autonomy and versatility in accessing investment opportunities within your superannuation. However, managing an SMSF comes with a lot of responsibilities to ensure you are remaining compliant and investing in the best way possible for you and your business.
At TAK we work with financial planners to ensure that you have the best set up for you SMSF for your financial goals and that you have the best investment strategy to align with you and your business. We provide accounting and tax advice for your SMSF and help you keep compliant.
We are not financial planners and as such cannot provide financial advice. We can advise on the tax consequences of your financial assets and where appropriate can put you in touch with a financial planner.
1
Recommended resources
Here are our recommended resources for you to utilise - to track you car miles, hours worked from home as well as keeping on top of expenses you want to claim at the end of the financial year.
Keen to see if we’d work well together?
Book a chat