National Accounts is a Chartered Accounting Practice in Adelaide that looks for every opportunity to provide the best solution to its clients, whether you are a salary earner, contractor, business owner or a corporation. We provide our clients with personalised accounting advice that comes from many years of experience and work in different industries.
The most common reason people come to a tax return agent in Adelaide is because taxation is so complex. Understanding how capital gains tax on shares in Australia works or the applicable capital gains tax rate on shares isn’t as intriguing to some people as it is to us. We’re very enthusiastic about all aspects of taxation and more than happy to help you get the most favourable tax return outcome possible.
When you come to us to see a tax return accountant in Adelaide we take the time to get to know you and your business so that we can determine the best approach for you.
Another reason people come to our tax return office in Adelaide is to get advice on capital gains tax. This tax can be incurred by individual people, companies or trust when they sell assets for more than they paid for them. It’s a good idea to contact us before selling significant assets including shares, bonds and real estate so that you have an understanding of the taxes that may apply.
Whatever your short and long-term goals, having an accounting professional on-hand to plan your financial future will make all the difference in achieving them as soon as possible.
Getting business systems right can not only save you time and money from a human resources perspective, it can increase data security, and streamline the way you communicate with your financial advisors. We’re always happy to see clients at our chartered accountants Adelaide office, but if you prefer not to visit, we won’t take it personally. With the right systems, you won’t need to leave your home or office to keep your financial records up to date.
Cloud accounting allows you to work on your accounts from anywhere, anytime. Using an accounting system that stores your data, files and software in the cloud also means that your accounting team and your advisors (us) can login and assist you easily.
When your data is securely stored in the cloud, corrupt harddrives or misplaced computers can’t disrupt your record-keeping. It’s always backed-up, and arranged in a way that doing regular reports and understanding how your business is tracking is a cinch.
Most cloud accounting software allows you to invoice from the software, automatically import bank statements and easily match and categorise transactions. Once you move from traditional accounting tools to cloud accounting software you’ll never go back – we promise.
Investing in property can be a really effective way to make your money work harder for you. To ensure you get the full benefit, it’s imperative that you get reliable advice on investment property tax deductions, your investment property tax return impacts and how to avoid capital gains tax when selling investment property.
Many people choose to establish a self-managed super fund and invest in property through that fund. Having a self-managed super fund has benefits beyond the ability to invest your super in real estate. It’s a popular way to reduce taxes by minimizing your gross income. When you have a plan to make voluntary contributions to your self managed super fund, you can significantly build on the money available to you when you retire.
Another important aspect to understand when making property investments is capital gains tax. When and how you buy and sell property can have a significant impact on the financial advantage of each property investment.
Although assets can appreciate every year, capital gains tax is only applied once assets are sold. With a careful and intentional approach, property investments can be a very effective way to make your money work harder for you.
Many small businesses in Adelaide are run by families. Some have been run by the same family for generations. Getting the legal structure right can help your business (and family) run smoothly for many generations to come.
It’s worthwhile sitting down with us to ensure your legal structure is working for you in terms of what it means for your personal, family and business goals and tax responsibilities.
Many clients opt to establish a Family Office. A Family Office is a great way to centralise wealth generation and optimisation. A Family Office company or trust is usually used by families managing $3 million plus in investable assets. It allows the family to effectively grow long-term wealth well into the future.
National Accounts is proud to facilitate many Family Offices and work with families to protect and grow their wealth. Our chartered accountants in Adelaide and our other expert team members assist with many facets of Family Offices. These include: corporate finance, corporate governance and regulatory compliance, tax planning, cyber security, legal structures including trusts, partnerships and joint ventures, personal tax and structuring, small business accounting, bookkeeping and payroll and internal audits and health checks.
Having worked with successful Adelaide businesses for many years, and with a grasp of current taxation legislation and modern accounting tools, we’re able to efficiently and effectively optimise your family’s wealth.
Often the first time we meet a client is when they’re looking for a chartered accountant to do their tax return in Adelaide. We can certainly help with your tax return, but where we make the greatest impact is in tax planning.
When you start tax planning well before your tax return rolls around you can ensure you’re paying as little tax as possible. There are three basic ways to reduce the amount of tax you need to pay. Firstly, you can reduce your income. Secondly, you can increase your deductions. The third option is to take advantage of tax credits. At our chartered accountants Adelaide office, we walk you through which combination of these approaches will work best to accelerate your path to reach your goals.
If you’re a business owner, the way you structure your business and make decisions about things like purchases, a self-managed super fund and investment property tax benefits can have a serious impact on your business and personal success. Ask us about structures to save tax, how you can achieve your super and retirement goals, family office accounting and capital gains tax.
We love hearing from our clients when they’re about to make significant purchases – both because it’s often a sign that they’re thriving and so that we can provide advice on the best time and way to make those purchases. With an intentional approach to tax planning you can ensure you’re getting the most reward possible for your hard work.
Sales & Marketing
Having worked with many businesses over the years, there’s one aspect we identified that delivers significant returns when you invest in it: sales and marketing.
Sales and marketing is often incorporated into many people’s roles, meaning that it gets inconsistent focus, or sinks to the bottom of people’s to-do lists.
Perhaps your sales team is so busy serving existing customers they never get the chance to do business development? We can help. With an intentional plan to win and retain new customers, targeting the right industries, locations and buyer personas, you’ll be surprised just how much new business you can attract.
Marketing is another business-boosting initiative that can be neglected in the day-to-day rush of business as usual. Ask us about how we can support your marketing efforts, from updating your website, to search engine marketing, SEO, social media marketing and more. Whether you have a business-to-business or business-to-consumer company, we’ve got the right people to help you achieve your goals.
Over the years we’ve observed that the most significant leaps forward have happened when our clients realise they can’t do it all. Trying to wear every hat in the business is a recipe for disaster, and it’s proactive sales and consistent marketing that suffers. It might seem unusual for chartered accountants in Adelaide to be your sales and marketing solution—but we guarantee we surround ourselves with the best people for the job—when it comes to accounting, sales and marketing.
We offer personalised tax advice & returns
- Sole Traders
- Fixed and Discretionary Trusts
- Unlisted Private Companies
- Self Managed Super Funds
- Preparation of Annual Financial Statements
- Business Activity Statements (BAS) and Income Activity Statements (IAS)
- ATO Debt Reduction and Remission
- Tax planning and asset protection strategies
- Entity structure development and review
- Self Managed Superfund (SMSF) compliance
- ASIC Lodgment of statutory returns and
maintenance of corporate records
The cloud is where you put all your data, all your files and even your software so you can access it all from any computer or device, anywhere, anytime. Your hard drive is no longer the central hub.
The cloud is much easier for everyone, you just login and it works. Imagine: you don’t have to install files, worry about versions, or deal with patches and upgrades. This means you don’t need to worry about installing the latest version and you’ll get access to new features instantly. Just login. It’s all been done for you and you just focus on what you do best without turning into a tech-head.
We are available any time to discuss questions you may have, even afterhours and weekends, as we understand that not everyone operates between the hours of 9am to 5pm.
With so many rules, regulations and changes, as qualified tax agents we make it our job to stay on top of them and put in place the most effective tax minimization strategies.