Tax

Taxation affects each and every one of us. Whether you run a small business or work for a large corporation, getting your tax obligations in order is essential. Australia's tax system is one of the most complicated in the world, with constant changes and new regulations being added regularly. When it comes to the preparation and lodgement of your tax return, it makes sense to trust the advice of professionals. That's why you should contact KLP Taxation.

KLP Taxation have experience in all areas of tax compliance and returns, from individual returns to larger business lodgements.

Individual Tax

KLP Taxation can help you with the preparation and lodgement of your tax return. We have an excellent knowledge of the deductions associated with many different industries and we will consult with you thoroughly to ensure we maximise any applicable return. During tax time, our office is open for Saturday appointments to ensure you can have your return prepared and lodged by the deadline.

Have you completed your own return online using the Australian Tax Office website or app, but don't feel confident in the assessment? At KLP Taxation, we can review your statement of assessment before or after lodgement of your return. Our friendly tax agents can also review assessments from previous financial years.

Partnership Tax

If your business runs under a partnership agreement, you enjoy many benefits. While a partnership itself does not pay tax, a return must still be completed and lodged. The individuals in the partnership are also required to lodge their own personal tax returns. At KLP Taxation, we can make this whole process much more simple for you.

Our Mission Beach tax agent can ensure ATO-compliant tax returns are completed for both your partnership and you as an individual. We can also provide personalised advice on ways to maximise your return, keep better records of your deductions and reduce overall expenses.

Make an appointment with our office today to get started.

Trust Tax Returns

Protecting your assets by setting up a trust is a common practice. It can help to carefully distribute your income, minimising your taxation responsibilities, and allow for long-term financial planning. At KLP Taxation, we have qualified accountants and tax agents who specialise in tax returns for trusts.

When you deal with our skilled tax experts, you can rest assured that they are making use of the most up-to-date advice from the Australian Tax Office. Our tax services for trust funds include:

  • Preparation and lodgement of trust tax returns
  • Depreciation schedule on trust assets
  • Profit and loss statement preparation
  • GST reconciliation
  • Fringe benefits tax reporting (where required)

Your tax accountant will explain all reports to you before completing the assessment. KLP Taxation can then lodge the return on your behalf.

Company Tax Returns

A company tax return is one of the many obligations that comes with running a business, no matter how large or small. At KLP Taxation, we can make it easier than ever to manage the co-ordination of your return. As a registered tax office, we can complete the return for you and submit it to the Australian Tax Office on your behalf.

Having a qualified taxation specialist complete the return for your business can take a lot of stress out of tax time. We can help you find deductions you may have missed, as well as discuss business structures that may help to reduce your tax obligations.

Our services include:

  • Preparation of your company tax return
  • Electronic lodgement of your company's return
  • GST reconciliation
  • PAYG reconciliation
  • Dividend statement preparation
  • Business schedule preparation
  • Depreciation on company assets
  • Capital gains tax assessment (where necessary)

To make an appointment with our company tax return staff, simply contact KLP Taxation today.

52 Holland Street , Wongaling Beach , QLD 4852