Nanak Accountants & Associates

Accounts payable & supplier payments

Supplier bills entered, approved and scheduled, with nothing paid twice and nothing paid late.

Accounts receivable & debtor follow-up

Invoices out on time and chased consistently, so the work you have done turns into cash.

Bank reconciliation

Every account reconciled on a set schedule, so your reports match the bank before you rely on them.

Day-to-day bookkeeping

Weekly or monthly bookkeeping with bank feeds and receipt capture, so your figures are current rather than reconstructed at year-end.

Payroll tax (state)

State payroll tax thresholds monitored, grouped where required, and lodged in each state you employ in.

Superannuation guarantee

Super calculated and lodged by the quarterly due dates — the deadline the ATO is least forgiving about, and the one most often missed.

BAS preparation & lodgement

Your Business Activity Statement prepared, reviewed and lodged on time as a registered agent, with GST coding checked rather than assumed.

Capital gains tax & concessions

CGT calculated properly, with the small business concessions and rollovers applied where you qualify.

Company tax returns

Company returns and financial statements prepared and lodged, with franking accounts and losses tracked correctly.

Division 7A loan management

Loan agreements, minimum repayments and benchmark interest handled so a director loan never becomes a deemed dividend.

Fringe benefits tax (FBT)

FBT returns for vehicles, entertainment and employee benefits, with salary-packaging options modelled.

GST reconciliation & coding reviews

GST-free, input-taxed and mixed-supply treatments reviewed properly, so a BAS refund or liability holds up on audit.

Individual tax returns

Personal returns including rental properties, investments and capital gains, checked against every deduction you are entitled to.

Partnership tax returns

Partnership returns and partner distribution statements prepared and reconciled.

PAYG instalments

Instalments reviewed and varied where your actual trading justifies it, instead of paying whatever the ATO estimated.

SMSF administration & annual return

Self-managed super fund accounts, member statements and the annual return prepared, with the independent audit arranged.

Tax planning before 30 June

A working session before year-end, while there is still time to act on super contributions, asset purchases and income timing.

Trust tax returns & distributions

Trust returns lodged and distribution minutes prepared and signed before 30 June — the paperwork the ATO looks for first.