I.K Accounting and Taxation can help you by preparing tax returns over the phone. We can also minimise your tax obligations by claiming legitimate deductions. All sorts of services regarding Tax, BAS, GCT, FBT Returns etc are offered at I.K Accounting and Taxation.
Fee and Charges.
Individual Tax Returns - From $90
Business activity statement (GST) - From $75
Company Tax Return - From $300
Trust, Partnership, Sole trader - From $140
Real Estate Trust Account Audits.
We are qualified estate agent trust account auditors and can provide independent assurance on the operation of your trust accounts. Our professional teams provide their auditing service in a timely and effective manner allowing your agency to fully comply with NSW regulations without unnecessary hindrance to your staff.
Audit Fee Starts from $800.00
Business Structuring and registerations.
One of the most crucial steps in starting a new business or restructuring an old one is to get it right regarding company structure. Changing company's structure again and again will cost you time and money, therefore why not do it right the first time.
Fee and Charges.
Pty Ltd company registrations with ASIC and getting an ABN - From $850
Don't get caught up with Fair Work Australia by not paying employees according to NES (National Employment Standards) or State awards.
Make sure that your employment contracts are compiled to the highest standards. A lot of employers don't take them seriously.
Rest assured if it has'nt cost you in past it can cost you in future. We can help you put everything in place.
Fee and Charges.
Formation of employee contracts - From $200
Having trouble in managing cash flow? I.K Accounting and Taxation can help a growing business having cash flow problems by formulating budgets and forecasts ?
Want to start a new business? I.K Accounting and Taxation can help you figure out which company structure is the best option, also know your tax and other statutory obligations in advance.
Running a business can be very stressful, reduce stress and have piece of mind when you are certain that effective internal controls have been implemented.
Having worked hard at building your business you are naturally interested in its value when the time comes to sell. Particularly if it's been well-managed with a good trading history and a loyal, profitable customer base.So how do you value your business?
A number of business valuation methods are in common usage. Here are just a few:
Asset-based, or "book value” assessment. This method draws information from the balance sheet, so it's highly factual, looking at the here and now. But if yours is an ongoing business, assets in the balance sheet can be expected to generate profits into the foreseeable future and beyond. Therefore used on its own this method is likely to be detrimental to your interests as it ignores future cash flows. Indeed the book value method is often associated with a business that has failed, in a "fire sale" break-up valuation.
Stock market. Great, if your business happens to be listed in a competitive, openly-traded stock market where a share price reflects demand and supply at a moment in time. It's unlikely to apply to you.
Multiplies. There are a number of subjective "rules of thumb" based on multiples of, for example, profit, earnings before interest and tax (EBIT), earnings before interest, tax, depreciation and amortisation (EBITDA), even sales revenue. However these can be seen as wild guesses and are difficult to defend objectively in front of a serious buyer.
So how to value a business objectively in a way that can be defended?
Business valuations cont..