Business Tax Returns
Irrespective of whether you operate your business as a sole trader, partnership, company or trust, we can help. Since 2003 we have been helping business owners to comply with their Australian Tax Office (ATO) tax obligations, whilst paying the minimum tax legally required.
We provide a quality guarantee (each tax return is double checked for accuracy prior to lodgement), upfront pricing and year-round tax advice and support.
We use over 250 brilliant strategies. The Success Tax Professionals top 10 tax strategies that apply to the majority of businesses and produce the biggest tax savings (on average) are:
Top 10 business strategies
|Number||Strategy||What the strategy achieves|
|TS 1||Salary Packaging Private Motor Vehicles||Makes private motor vehicles tax deductible (average $3,000 tax saving pa)|
|TS 12||Concessional Super Contributions||$25,000 deductible contributions cap (per taxpayer).|
|TS 32||Change Ownership of Assets||Can create upfront or ongoing tax deductions (or both)|
|TS 85||$30,000 Asset Write-Off||Upfront deduction for depreciating assets.|
|TS 86||Employee Meal Expenses on Business Premises||Makes private meals tax deductible (average $5,000 pa)|
|TS 101||Reducing Super Guarantee Payments||Eliminates super guarantee payments to contractors (saving the 9.5%)|
|TS 114||Share Buybacks||Enables shareholders to access the company’s paid up capital and retained earnings|
|TS 131||Companies||27.5% company tax rate (and reducing to 25%)|
|TS 146||Transferring Business Premises into SMSF||Provides asset protection benefits plus tax savings on rental payments made.|
|TS 190||Utilise Business Goodwill to Pay Out Your Private Mortgage||Saves the average business owner $10,000 pa in tax.|