Managing Your Company Tax Return with Company Tax Accountant

A company is a legal entity whose identity is separate from its stakeholders. Company tax is, therefore, assessed separately as the income and profit from its operations and business transactions. Although setting up and maintaining a company is more difficult than other forms of business, it provides better protection of assets in the long-term. A company also acts as a good medium for tax planning in various situations.
A company tax accountant is a professional tax planner and manager offering advice on wealth and finance management.

The norms for company tax in Australia are different than those for the other business types because a company is an artificial entity having its own perpetual identification. Company tax does not have any kind of tax-free threshold in Australia.
For small business entities, the company tax return is paid at a flat rate of 27.50%, up to 30% in Australia. The professional range of services offered by the Accountant Perth WA team helps you comprehend the norms of company income tax return.

Lodging Company Tax Return Online

The Australian company tax compliance norms allow businesses to file and lodge the company tax return online. A payee can choose to make online payment of the company tax return with the much secure lodging and payment process provided by the Australian Taxation Office (ATO).

All the business types have to lodge their income tax return every year within a stipulated time period. Each distinct business structure needs to follow the different guidelines designed for it and comply accordingly while lodging tax returns. The company tax filing procedure is based on the income of the company as a separate legal entity.

One can opt to pay and lodge online tax return for a company, but the process can be tedious. A professional company tax accountant with their knowledge and superior tax assessment and lodgement skills can ensure that this is done smoothly. The company tax return is separate from that for its directors and shareholders. The company director or directors are always required to file and lodge a separate tax return of their income every year.
To get assisted for online company tax filing or offline assessment and lodgement of your company tax returns, always try to get professional help to save on your taxes as well as time.

When a company is required to file company tax return?

Irrespective of its size or nature of business, a company is required to lodge a company tax return every year. The stipulated time as decided by the ATO for company tax filing is 15 May each year, unless otherwise stated.

Once the registration of a company is done with ATO, it is liable to pay company tax. Companies are required to assess their profits for each accounting period and then lodge their company tax return accordingly. For this process, they can seek assistance from a professional company tax accountant who will assist them with considerable calculations involved to produce a fair statement of the tax liability. If a company fails to lodge a tax return on time, it may be subjected to hefty penalties. Company Tax Accountant Perth helps you to be on time with your company tax return lodgements and never miss a deadline. Our professionals are well-versed with the applicable rates, laws and regulations to keep your accounts well managed.

Benefits of Hiring a Company Accountant WA for Company Tax Lodgement

Since companies are required to lodge their company tax return every year with the applicable company tax rate on the stipulated date, it is very essential to maintain the record of every transaction and activity in a systematic manner. A company tax accountant takes charge of all the required formalities and assistance regarding the systematic maintenance of documents, books and assessment of the compliances under company tax Australia.

Some of the major benefits of hiring a company tax accountant are:

  • You can focus on your core competencies rather than having to think about the company tax rate, return filing and other such tax compliances
  • The company tax accountant is well-versed with the various practices and updates to the company tax return compliances and helps in producing the most accurate and fair piece of statements on the profits and income of the company
  • The company tax accountant does all the assessment with the applicable compliances to save your time and effort with the task of tax return filing and financial record management
  • Professional experts are proactive, friendly and offer the best possible advice in terms of legal compliances

Consider hiring a professional and experienced professional from Accountant Perth WA to file a properly assessed company tax return.

Need Professional Help With Account Services?

  • Extremely happy to work with the team at Accountant Perth WA. They understood the issues and provided prompt advice regarding my personal tax returns and made sure the returns correlated with the Superfund that I manage. The tax agent here was very professional, efficient as well as friendly, and responsive. They made the whole process easy and convenient from start to finish. They even help us to lodge tax returns within the stipulated timeline. We will definitely recommend Accountant Perth WA to anyone who wants to have tax advice & tax return service in Perth, Australia.
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  • We were looking for a tax accountant in Perth CBD who can help us with tax filing, financial planning, manages appropriate bookkeeping, business activity records, and all the tax management for our small business as we have to focus on our core operations to grow our business. We are genuinely thankful to the team of Tax Accountant Perth WA for helping us sort all these tax management and assessment services for our business. And the cheery on the cake was that the because of their professional and highly experienced small business accountant Perth we are able to minimise our tax deductions and maximise the saving. We have found them to be very professional and they have always acted in our best interests. We highly recommend them for all your tax return needs in Perth, WA
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  • I must say Tax Accountant Perth is the most professional and prompt tax expert. I had them incorporate my business and set up my books and give me the best Tax planning advice. One thing I have always been incredibly impressed about is that they helped me in dealing with personal and corporate taxation with ease. I am not that good in accounting stuff and needed some time off to take care of other business activities and then I took company tax return services from the Tax Accountant Perth and was impressed with their demeanor. Then I was able to focus on the production department of my company. It was only possible by having these experts watching my back for all tax related concerns. Sure, we all get stressed, but I have never met a less judgmental group of people in some of the hardest times of my life. I am really thankful and appreciate the efforts of the Tax Accountant Perth WA.
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