• Income Tax planning and return completion
• Capital gains tax
• PAYG withholding (tax withheld from wages)
• PAYG instalments (regular tax instalments paid to the Australian Taxation Office by individuals and businesses which are in addition to tax withheld from salaries and wages)
• GST (Goods and Services Tax), including the preparation of Business Activity Statements on monthly, quarterly and annual basis
• Fringe Benefits Tax
• Payroll tax accounting
• Land tax
• Stamp duty
• Superannuation tax compliance and planning (SMSF)
• Indirect taxes and rebates
• International taxation planning and structuring

All individuals (including sole traders), companies, trusts, self managed super funds and partnerships must lodge a taxation return (or notification that a return is not necessary in the event the entity or individual has had no transactions).

For Individuals

For individuals tax returns have never been easier with our  Online Tax Portal. Simply log on to our online portal and answer a few simple questions, and we’ll take care of the rest. This is the easiest and most cost effective online service available in Australia.

VIDEN are registered tax agents, providing quick, low-cost tax return services to individuals.

We can advise you on the best way to maximise your returns – whatever your situation. Everyone is different, with different sources of income, investments and expenses, so we can provide advice on the most effective way to claim what you can and ensure that you are not paying more tax than you need to.

The type of return you lodge will be dependant on the structure you operate your business through and the structure you operate your business through will determine the amount of tax you pay and/or the flexibility you have to make choices for tax planning on an annual basis.

Business returns can include one or more of the following forms of tax returns:

• Company returns
• Trust returns
• Sole trader individual returns
• Partnership returns

Business may elect to be part of a consolidated group, or may lodge returns for each entity individually.

We are taxation experts. We can prepare all supporting financial documents and statements, to ensure that you are meeting your tax obligations. We will work with you to ensure that your financial records are up-to-date and that you take full advantage of all tax exemptions and opportunities available to you – no matter what your business structure and we will conduct this as cost effectively as possible to not just reduce your tax costs but also your tax compliance and administration costs as well.

Having the right tax advice can save you $$$

Simply, tax is a cost to individuals and businesses alike and as a registered tax accountant, VIDEN can advise you on how best to maximise your returns, or minimise your tax bill. We maintain a team of high level experts within the company as well as utilising specialist consultants if needed, to ensure you receive the highest level of advice and the greatest opportunity to reduce tax costs at all times.

BAS or Business Activity Statement reporting can be a time-consuming task for any business

It is essential that what you report is accurate and does not vary from end of financial year reporting as the ATO often match these two reports to ensure your records are accurate prior to determining who they should audit or review.

We can submit your BAS electronically for you whether it is prepared by your bookkeeper or by you personally or alternatively you can use our low-cost bookkeeping service who will assist you maintain accurate records, not just for management and business decisions but also for planning and reporting requirements.

All BAS lodged by us obtain a tax agents extension of time for lodgement and payment allowing you more time to prepare returns and most importantly, to make better use of GST and PAYG cash withheld to your own benefit – for example you may apply the money’s held against a loan that has a redraw facility, to reduce interest costs.

Our specialist tax staff can also assist with GST queries.

We provide a team of experts with wide range of skills that can assist all businesses to produce the accounts they need to meet their requirements on a timely and cost effective basis. By applying specialist skills we are able to produce accounts ranging from IFRS level to Special Purpose bank financials quickly and for much lower prices than most accounting firms.

We provide reliable and innovative insights into your business performance by not only preparing these accounts for you or providing advice and guidance on how you can prepare them yourself, but also how to interpret and understand the accounts.

Our specialist team will assist you with developing the appropriate reports for you as well as learning how to interpret them and act on them.

Such areas may include:

• Forensic accounting
• Not for Profit accounting or Deductible Gift Recipient application
• Franchise advice

Each area will have their own specific requirements, accounting treatments and standards, which is why you can rely on us to provide the expertise to ensure that your business is compliant and financial opportunities are maximised.

60% identified they need assistance with Estate Planning

50% of clients did not have a will

20% have adequate plans in place.

We help create a happy solution for the remaining 80% based on a plan of what you want.

We help you to understand what actually needs to happen and what will need to be done.

It’s a conversation that involves many specialists assisting with these functions including:

• Business valuations
• Personal valuations
• Operating structure
• Succession planning
• Financial planning – Super / SMSF / Risk
• Taxation
• Finance
• Accounting
• Business support
• Legal
• Insurance
• Government

We assist and manage the whole process.

• Do you dread going to work every day?
• Do you stress about opening mail and picking up the phone?
• Has another invoice arrived that you just can’t pay yet?

We can provide discreet and affordable business recovery services.

We will:

• Review your finances and cut costs
• Paying too much tax? We can provide effective tax advice and planning
• Restructure your business to increase profit and turn your business around
• Organise finance using our own finance broker and other expert staff
• Provide regular contact – We’ll work with you and keep you informed throughout the process

We are a local, approachable business who understands what you’re going through.

Scientas est Potestas – Knowledge is power…

Knowing exactly what your business is worth TODAY means knowing what you can do NOW. An accurate and impartial business valuation is the first step in taking your business forward. With this information, you can drive your business forward by:

• applying for finance with confidence
• applying the right resources to the right areas of your business
• structuring your business to maximise profit

We provide robust, transparent and proven business valuation services and believe that until you can see where you are, you can’t see where you’re going.

Searching for a business? Found a business enterprise you are thinking of acquiring? Contemplating merging with a competitor? Navigating your way through an acquisition becomes a simpler and more exciting process with our expert assistance and advice.

Based on our experience, let us ask the key questions and determine the right answers with you.  Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated?

Take the emotion out of the negotiation and work with us to develop the right solution for you.

We will perform due diligence and prepare financial forecasts in line with your goals and objectives. When the time comes we will assist with purchase negotiations and advise on the best avenue for finance to make your business ownership goal a reality.

Buying a business is a significant and complex decision where you can’t afford to make mistakes.  Having an experienced partner alongside will give you peace of mind and confidence in the process.

We are experienced in providing SMSF services and can assist you in SMSF compliance activities such as:

• assisting you to understand the rules so that you or your clients are not exposed to unnecessary risk
• preparing all necessary documentation such as financial accounts, regulatory returns
• preparing minutes and other associated documentation
• lodging all necessary documents with the ATO
• ensuring the fund is audited by a registered auditor