Comprehensive Company Tax Return Services
All registered companies in Australia must submit an annual Company Tax Return to the ATO, regardless of whether the business made a profit, operated at a loss, or was inactive during the financial year. This mandatory requirement ensures compliance with Australian taxation laws and maintains your company’s good standing.
Understanding Company Tax Obligations
Preparing your Company Tax Return involves calculating your taxable income, which often differs from your accounting profit due to specific tax adjustments. You’ll need to determine allowable deductions, capital gains, and any tax offsets applicable to your business operations. The standard due date for lodgment is 28 February following the end of the financial year.
Key Benefits of Company Structure
- Shareholders enjoy limited personal liability protection
- Fixed 25-30% corporate tax rate (often lower than personal rates)
- Franking credits system allows for potential future tax benefits
- Flexible business operations across multiple locations
- Simplified ownership transfer through share transactions
- Enhanced credibility with lenders and investors
- Opportunity to employ family members under proper arrangements
Our Company Tax Services
TSK Accountants provides complete company tax solutions including:
- Preparation of comprehensive financial statements and tax reconciliations
- Accurate calculation of taxable income and deductions
- Division 7A loan agreement preparation and compliance
- BAS/IAS preparation and lodgment services
- Tax planning and cash flow optimization strategies
- Ongoing compliance monitoring and ATO correspondence handling
Service Investment
Our fees for company tax services are determined by the complexity of your financial situation and the specific services required. We provide transparent, fixed-price quotes after understanding your complete requirements, ensuring no unexpected costs.
Proudly serving companies in Hoppers Crossing, Tarneit, Truganina, Point Cook, Werribee, and throughout metropolitan Melbourne with professional tax compliance services.