Tax & Accounting Services
At OTG Accounting, we work with you to meet your needs. We have the right person for you, and take care of all accounting services from Individual returns to large corporate structures.
We have the professional person to best fit your requirements.
We can help you no matter where you are in Australia, and we are more than happy to answer any questions you may have at any time.
Services for Individual Clients
We can take care of your individual return, from a basic salary & wages return, to investments, to a sole trader.
We can take care of your Business Activity Statements (BAS) and can help you with any GST or PAYG queries that you may have.
Services for Business Clients
We are very experienced with preparation and lodgment of company tax returns, ensuring you meet all your taxation obligations.
We prepare all kinds of financial statements and take care of your accounting needs, from the ground up, from small business up to very large businesses. We can take care of your Business Activity Statements (BAS) and can help you with any GST or PAYG queries that you may have. We also offer strategic accounting & business structure advice, budgeting services, book-keeping services or book-keeping assistance. Whatever your need, we offer the complete range of services to work with you to grow your businesss.
Budgeting & Bookkeeping
We have specialised bookkeepers who can maintain your accounts for you on a regular basis, or can provide bookkeeping or budgeting advice as required.
Our bookkeepers are trained in accounting and they maintain the accounts for you with the view of simplifying the year end accounting work at the same time thus reducing time spent on preparing tax returns and financial reports. Our bookkeepers are experienced in many different software programs- from MYOB, Quicken, Xero, Excel to the good old shoebox, we can do it all.
Strategic Accounting & Business Structures
The goals of most people who are investors or in business would be to make good returns for their efforts, and for the money they have spent on the investment in their business or other income generating assets.
Sadly sometimes the structures these clients have chosen are not tax effective and may also put their assets at risk if something unexpected happens.
We can advise you on the tax consequences of operating your business through various different structures, and we can connect you with excellent legal advisors who can work with us in making sure your assets are protected.
So many of us spend our whole lives working hard without really thinking about how we are going to survive financially when we stop working, these plans need to written down and followed consistently well before that point if you are going to be financially free when you stop working. We can connect you with people who can help with this plan for you.
We aim to work with your long term goals, to minimise your tax liability because we recognise that the money you are working hard for today is valuable, and can be needed to build investments that will support you when you finish working. Some people form share or property syndicates to assist in building this retirement “nest egg”.
Share syndicates are formed by a private agreement (private unit trust) between investors who decide to pool their funds to hold investment assets such as shares or real estate. The syndicates are usually managed by a manager appointed by the Trustee of the unit trust. The funds usually have varying goals such as, long term growth share funds, residential investment properties, or commercial investment properties.
Each fund is limited to less than 20 unit holders and they are not available to be offered to the general public. Contact us for more details on how these syndicates work.