ABOUT
Integrity, Excellence, Passion
You - the client - are at the centre of everything we do. We partner with you to help you make sense of your financial position, make informed business and financial decisions, and take conscious action toward your financial, business, and lifestyle goals.
At Elder Tax and Advisory, we do things differently. We offer a mobile and remote accounting service, where we visit you, offering proactive and innovative solutions to suit your individual needs.
SERVICES
We do a lot more than just prepare tax returns
TAXATION AND ACCOUNTING
Our focus is not just on meeting your ATO and tax obligations, but helping you to better understand those obligations, your tax position, and provide options to optimise your outcomes.
The taxation services we offer include:
Income tax returns
Business activity statements/GST
Financial statements
Capital gains
Superannuation
Corporate compliance
QBCC reporting assistance
Payroll tax
Fringe benefits tax
Land tax
TAX PLANNING
At Elder Tax and Advisory we take a proactive approach in managing your tax affairs and can estimate your income and tax position before the end of the financial year. We work with you to review your various scenarios and develop strategies for you to better manage your tax position. You can be confident in knowing what your position will be at end of year lodgement.
SELF-MANAGED SUPERANNUATION
A self-managed superannuation fund (SMSF) is an effective way of taking control of your own superannuation, managing and planning for your financial future.
An SMSF is a very tax effective investment structure, providing greater flexibility for investment, asset ownership and wealth generation.
SMSF’s do however, have a lot of regulations and reporting requirements for Trustees. We help guide and support you throughout the entire process. Providing advice, administrative services, and expert knowledge, we are right there with you the entire way.
ACCOUNTING SOFTWARE SETUP AND TRAINING
Having the right accounting software is vital for the effective management and operation of your business. Not only is it a tool to assist you in meeting your ATO and other compliance obligations, the right solution is essential for the accurate review, ongoing management and measurement of your business performance.
Cloud software is the most efficient and cost-effective solution in the modern business environment. We can support you with whatever your chosen cashbook solution is, however Xero is our preferred solution and where we specilise with our Xero certified advisors.
We can support you through the entire process, from the initial setup to ensure your file is set up correctly from the beginning, we provide in-depth training and ongoing support throughout your business journey.
We love Xero so much we use it in our own business.
Other programs supported include MYOB, Phoenix, Reckon, Quickbooks, Agrimaster and Cashflow Manager.
BOOKKEEPING
Want more time to do the things you would rather be doing? Struggling to keep up with your accounts, and the ever changing reporting requirements to the ATO? GST, FTC, PAYG, STP has your head in a spin and all confused? Then let us take care of that for you. Using the tools and efficiencies that technology now offers, we can do as little or as much for you as you want and need. Feel safe in the knowledge that you are always up to date, you are meeting your lodgement obligations, and with the work being completed by an accountant – you know it is right!
Contact us to discuss your requirements, and we can develop a solution to suit your needs.
CASH FLOWS
Understanding and managing your cash flow is vital to the success of your business. Cash flow projections and budgeting will help you achieve long-term sustainability and viability through improving your understanding of your business operations and finances, and generate positive cash flow. You will be better positioned to make more informed decisions about the management and development of strategies for your business.
Through our business mentor program, in conjunction with guiding and assisting you in the preparation of your cash flow projections and budgeting we can also provide ongoing mentoring and management assistance to provide accountability to your goals, monitor the business performance against those goals, and make informed decisions and changes as required.
SUCCESSION PLANNING
Stephen Covey, author of The 7 Habits of Highly Effective People advises to begin with the end in mind, with a clear vision of your desired direction and destination – your plan for success. The same applies to your plan for your business succession. You may have many paths to choose along your business journey, and understanding the outcomes of each alternative is vital to deciding on and achieving the best possible outcome to meet your retirement and lifestyle goals.
ESTATE PLANNING
It is one thing to know what you want to happen when you pass on from this life, but it may be completely another to achieve your desired outcome. Working alongside your chosen legal professional, we assist you to understand your options, and structure your affairs to best achieve your desired outcome and estate planning wishes.
BUSINESS PLANNING
We guide, support, and assist you in managing your business and the obligations that come with that. From strategic planning, budgeting, analysis of business operations, monitoring performance, regulatory and reporting requirements, and employing staff – we are right there with you.
We can also help you to determine the value of your business, and protect and grow this value on the path to achieving your financial and lifestyle goals.
FINANCIAL FITNESS CHECK
Do you know how your finances really shape up?
We can give you this clarity and give you the confidence to make informed decisions and proactively manage your finances. Whether you are in business or you need help with your personal finances, we can tailor a solution that suits your individual needs.
