Experienced corporate accountants for Geelong’s small businesses

February 26, 2018

The Australian Taxation Office has its sights set on wealthy small business owners when it comes to key areas of tax compliance.

ATO Commissioner Chris Jordan fired a warning to the business world at a national congress for accountants late last year, saying non-genuine and opportunistic tax claims were not acceptable.

At CD&G Accountants, we know how important it is to tick every box correctly when it comes to small business tax compliance. As experienced corporate accountants in Geelong, we offer our business clients professional advice and quality accounting services to ensure they meet their tax obligations correctly.

Commissioner Christ Jordan signalled the ATO will focus on any unexplained wealth while monitoring the lifestyles of small business owners as well as individuals. Undeclared income, incorrectly claimed private expenses and cash-only transactions are also under the spotlight.

The world of corporate tax is complex and the ramifications of getting it wrong can be costly indeed. That’s why it’s important to turn to the corporate accountants Geelong small business owners trust to deliver a quality accounting service every time. And that’s us – CD&G Accountants.

Our team will work with you to sort out your business tax, ensuring everything is correct, accounted for and compliant with ATO regulations. After all, no-one wants to deal with an unhappy ATO asking questions about their successful small business.

If you have concerns about business expense claims or any other corporate tax issues, seek advice from our specialist team without delay. And don’t leave all your questions until just before tax time – clear them up as they arise, while they’re fresh in in your mind. It doesn’t matter what your small business structure is – sole trader, partnership or company – we can help.

Please don’t hesitate to contact our corporate accountants in Geelong today to book an appointment.