We’re the experts to call when it comes to income tax preparation. It’s a reality we all have to deal with every year, but not many people really know how to maximise their tax returns. We meet face to face with our clients, always aiming to get as much information as possible to maximise your tax returns and ensure you’re not paying more tax than you need to.
As experts in ATO compliance, GST, single touch payroll and general bookkeeping, we know how to deliver value to our clients. We’ll work with you to find all of your work-related expenses and other deductions that can limit the tax you pay while still complying with all tax laws and regulations.
We work with businesses of all sizes, from sole traders to large enterprises, and we’re the experts you can call for financial statement preparation. It doesn’t matter what your situation is, we’re here to help. We’ve helped countless businesses in the past, including trusts, partnerships, companies and also self-managed super funds.
If you need help preparing financial statements such as Profit & Loss, Balance Sheet or Budgets, we’d love to hear from you. We work to understand your business first. With over 40 years of experience in business accounting and taxation, your financial records are in safe hands at Walsh & Hay.
If you’re a sole trader, small business, larger enterprise or anything in-between, you need to ensure you comply with GST laws. While the GST scheme has been in existence for a long time now, many people still don’t understand exactly what they need to do in order to remain compliant. That’s where we can help.
If you don’t have the time to worry about quarterly BAS, PAYG withholding or FTC, let us take the burden away from you. We’ll make sure you’re GST compliant, and also that you’re claiming everything you’re entitled to. Spend more time growing your business, and let us take care of that time-consuming quarterly paperwork.
For Colac business advisory services, look no further than Walsh & Hay. While a lot of our work is accounting and taxation, we’re also experienced business advisors. Understanding your business and understanding your finances are closely linked, and that’s why we go the extra mile to ensure we do both.
All businesses want to grow, and this means a lot of strategic planning such as managing cashflow, KPIs, budgets and taxation. With the experienced professionals from Walsh & Hay on your side, you can work towards growing your income, generating more revenue, and minimising financial risk while you do it.
Cashflow and budgeting is a time-consuming yet very necessary process for businesses. Without understanding your financial circumstances, it’s hard to know where you can invest in business growth and where you need to cut costs. At Walsh & Hay, we can help you with this.
With technology on our side, we can provide you with real-time snapshots of your financial situation, while also automating parts of your cashflow and budget reporting. Get access to the right data when you need it, and regain control over your finances. We work with all popular accounting software too, such as MYOB, XERO and Quickbooks
Self-managed superannuation funds (SMSF) are a popular way for people to maintain control over their own financial future. Rather than handing their retirement funds over to a large organisation, many people choose to mange this themselves. While it seems like a great option, it’s also considerably complex and hard to manage without the right expertise.
Our experienced financial professionals can help establish and manage your SMSF, providing the right advice on investments, contributions and allocated pensions while ensuring your compliant with all superannuation laws. We also help with your transition to retirement (TTR), so if you’re looking for a way to keep your financial destiny in your own hands, ask us about SMSF administration today.
Year end tax planning isn’t what a lot of people think. While we can certainly help you manage income tax returns and end of financial year business accounting, we go a little further than that to deliver genuine value. Year end tax accounting looks thoroughly through your business to determine where you can gain tax advantages.
This may include instant asset write-off, deferred income, prepaid expenses and asset depreciation. Doing your taxes every year shouldn’t just take care of your obligations for the year just gone, but should also help set you up for a successful next year and beyond.
In years gone by, businesses held all of their financial data on local computers and servers, making it difficult to seek accounting assistance without having accountants come to you. It’s so much easier now, thanks to the advancements of cloud technology. Most major accounting software now works on a cloud platform, which provides better security, and easier access to information for those who are authorised.
Being based online, these cloud-based accounting solutions also offer higher levels of integration, automation and streamlining for accounting tasks. If you want advice on transferring to a cloud-based accounting program, speak to us today and we can give you the advice you need.
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