Services | Wisdom Tax Accountants

At Wisdom Tax Accountants we

focus on

value-added services.

Wisdom Tax Accountants is an accounting services provider based in Melbourne.

Tax Returns

We specialise in preparation of tax Returns (Individuals, Partnership, Companies and Trusts). Our practice will work closely with you to ensure that your tax return is completed accurately with a maximum tax refund or savings. We have developed a detailed, comprehensive approach to ensure that we include all relevant deductions in your tax return.

Business Activity Statements (BAS) /
Payroll

As a team of accountants and tax agents, we can help you with initial accounting software installation and guide you to get the best use of your business data to run a smarter and efficient business. Our services are based on fixed monthly packages with a price guarantee.

Our team of experienced accountants can assist you in lodging your Business Activity Statements (BAS) with the Australian Taxation Office (ATO). We understand that compliance with the ATO can be a complex and time-consuming task for businesses, which is why we offer comprehensive services to help you stay on top of your obligations. Our team can help you to accurately complete your BAS, ensuring that all the necessary information is provided and that your submissions are made on time.

We can also assist you in understanding and interpreting the results of your BAS, and provide advice on how to optimize your tax position. Contact us today to learn more about how we can help you with your BAS lodgements.

Tax Planning and Tax Saving Strategies

As a business owner You have the right to minimise your tax bill by planning and arranging your financial affairs within the legal framework. Tax planning is legitimate when you do it within the taxation laws. There are number of effective tax planning strategies that can help you with to reduce your tax bill and maximise your business’s profitability. We work closely with you to understand your current financial situation and to implement best suited tax strategies to get optimum financial results. Our focus is on guiding you with well-structured tax advice to help your business minimise tax liability, while staying compliant with tax laws.

New Business Setup

Our team of experienced accountants can help you navigate the process of setting up your own business. Starting a business can be a significant decision and it's important to plan ahead and understand the steps involved in getting your business off the ground. Our team can assist you in identifying your business goals and creating a comprehensive business plan that takes into account all of the financial aspects of setting up a business. We can also help you understand the tax implications and regulations that apply to your business, and provide guidance on how to best structure your business for success.

By working with us, you can save valuable time and money by being well-prepared and informed. Contact us today to learn more about how we can help you start your business on the right foot. The business structure you need also depends on whether you are planning to hire employees or are you going to have partners to finance and operate your business and how you plan to develop your business in the long term. Your business structure can determine your: ·

Potential tax liabilities
Legal liabilities as a business owner
Impact on your personal assets
Ongoing costs and the volume of required paperwork.

We need to make decisions based your needs depending on your personal circumstances and future goals. We can assist you to register Company’s, Trusts, Partnerships and other entities depending on your needs.