We have an in-depth knowledge to perform an accurately and timely annual audit and prepare your tax filing for lodgement.
Stressed out at tax time?
Many business owners do not have the in depth knowledge to perform
an annual audit and prepare their tax filing for lodgment.
We know that this is one of the most time-consuming and frustrating aspects of running a business. We also know how many businesses fall foul of the ATO due to making mistakes or forgetting to include something on their tax returns.
Dexterous Group can help to make all the necessary preparations, so you can focus on your business.
Company / Trust Income Tax Returns
Dexterous Group offers a one-stop-shop for company and trust income tax returns. We will fastidiously vet the income tax returns process to ensure that all is in order and completed in good time. If you appoint a verified accountancy firm to complete tax returns you will get an automatic extension. We will go through your books and ensure that your affairs are in order and then lodge your returns on your behalf.
Individual/Personal Income Tax Returns
Dexterous Group also offers services for individual and personal income tax returns. We adopt the same attitude as we do with company and trust income tax returns when dealing with individuals. Your affairs will be in good order and everything will be lodged before deadline.
Good and Services Tax (GST)
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. As a GST-registered business, you need to issue tax invoices to your customers and collect GST which will be owed to the Australian Tax Office. Dexterous Group uses business accounting software to produce tax invoices and automatically generate reports of your GST liabilities and credits at BAS time.
Fringe Benefit Tax (FBT)
Fringe Benefits Tax (FBT) is a tax payable by employers for benefits paid to an employee (or an employee’s associate) in place of salary or wages. If you’re going to provide fringe benefits to your staff, you need to be aware of your taxation obligations. Dexterous Group offers a fully managed FBT calculation service where we will stay on top of all your FBT obligations which are separate to income tax contributions.
Installment Activity Statements (IAS)
An Instalment Activity Statement, or IAS, is a form used by taxpayers who are not registered for the GST. The IAS is also the form required to be lodged by entities that prepare a quarterly Business Activity Statement but are required to remit their PAYG withholding tax on a monthly basis. Dexterous Group offers a fully managed service where we act on the information you provide us with to complete your regular IAS.
Pay As You Go Withholding (PAYG)
Pay as you go instalments is a system where you can make regular payments to your expected annual income tax liability. Dexterous Group offers a fully managed service where we monitor your incomings and outgoings to ensure that you are putting enough away for your quarterly and monthly liabilities. We then check back at the end of the financial year to make sure you have not over or underpaid.
Payroll Tax is a state tax on the wages paid by employers. It’s calculated on the amount of wages you pay per month and collected in each state or territory that your employees are located in. Dexterous Group uses cutting edge automated software to make payroll tax services easy and affordable. We will calculate the hours of work registered over 31 days and work out what you owe the ATO.