Our Services

Accounting, Taxation & GST

 

Australian Tax Law is complex and constantly changing.  In addition, the GST environment places considerable emphasis on compliance and lodgement deadlines.

Our team members undertake extensive training to keep abreast of developments and we provide a comprehensive accounting and taxation service to assist both individuals and business owners in their compliance obligations.

A significant part of our strategy is to provide clients with timely and accurate advice on tax matters including, legitimate tax minimisation strategies.  We bring a personal approach to tax and are able to provide expert consulting advice as well a meet your compliance requirements. 

Financial Planning

 

The need for quality financial advice has never been greater.

 

Financial planning involves formulating a strategy tailored specifically to your financial needs and resources taking into account your age, lifestyle, investment experience, risk profile and investment time horizon.

 

Our aim is to assist you to secure and build your financial future and that’s why we have developed relationships with financial planning specialists who we can refer you to.

 

Please let us know if you would like more information about specialists you can talk to.

Loans & Mortgages

 

Obtaining finance for your business and your personal needs is also a major component of business that we can assist you with whether it be for loans, mortgages or equipment finance.

 

Speak to us today on how we can assist you with your financing needs.

Accounting for Tradespeople

The long hours and physical demands associated with being in a trade often means that accounting and taxation issues don't receive the attention they deserve.  Consequently, many tradespeople fail to manage their tax appropriately, resulting in paying too much tax, missing legislative obligations and exposing themselves to substantial fines or interest penalties. Failing to adequately prepare for tax obligations can also play havoc with your business cash flow that is so important in the trades.

Being in the trades or building industry you need an accountant who understands your business.

At Tocumwal Accounting, we understand the unique nature of the trades, such as the importance of cash flow, quotes, invoicing, job costing and scheduling, progress payments, retention and variations, tracking project profits and paying sub-contractors. And this is on top of the usual small business compliance issues of GST, BAS, PAYG and Superannuation.

Insurances

 

Insurance is an important consideration in managing your risk. The types of insurance that you might need include:

  • Domestic

    • Home & Contents​

    • Motor Vehicle

  • Business

    • Office contents​

    • Commercial

    • Retail

    • Industrial

    • Income Protection

    • Term Life Cover

    • Trauma Cover

Self Managed Super Funds (SMSF)

There has been an explosion in the number of Self Managed Superannuation Funds (SMSF) in this country over the past few years. The number of Australians setting up SMSFs is not stalling as predicted with more than 29,000 new SMSFs established during the 12 months to June 2010 and the trend is continuing with nearly 24,000 new SMSF’s were established in the 9 months to March 2011.

 

We can help you with establishing and full/partial administration of your fund based on your requirements.

Business Start-ups

 

When starting or buying a business or franchise, the wrong advice can be very costly.

There are numerous issues to consider and we endeavour to make sure all our business clients are structured correctly for taxation purposes taking into account financial and legal considerations, including:

  • Business Structure (sole trader, partnership, company or trust)

  • Finance Requirements (advise and source of finance)

  • Employer Obligations & General Tax Advise (businesses requirements, PAYG, Superannuation)

  • Bookkeeping & Software Selection

  • Business Plan (preparation of and including business evaluation, cashflow forecasting, budgetting)

  • Compliance

  • ATO and ASIC Registrations (small business registrations and secretarial activities associated with companies and trusts)

Business Sales

 

We play an integral role with our clients who are in the process of selling their business. There is a range of issues to consider including Capital Gains Tax and tax concessions. We aim to ensure the correct outcomes are always achieved.

Let us help you with achieving your business goals. 

Primary Production

 

Farm Accounting is a specialist area that requires an understanding of specific business, financial and taxation issues.

 

We are experienced in all aspects of farm management and can assist you in a number of areas including cash flow and profit budgeting, farm business planning, finance applications and farm purchase feasibility services. 

Major services we provide are:

  • Farm Business Planning

  • Cash Flow And Profit Budgeting

  • Succession/Estate Planning

  • Finance Applications - We can work with you to assess your finance requirements to provide you with maximum protection and flexibility

  • Hire Purchase, Lease, Bill of Sale or Chattel Mortgage for Vehicles and Farm Equipment and Machinery

  • We will also assist you to obtain the best rate of finance.

© 2018 Tocumwal Accounting

Tocumwal Accounting


Tel: (03) 5874 3446
Email: admin@tocaccounting.com.au
Post​: PO Box 301, Tocumwal NSW 2714

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