Sole traders
Your business income and expenses, considered alongside your individual tax return.
TAXATION · BUSINESSES & ENTITIES
Business
Tax Returns
Tax return preparation and lodgement for sole traders, partnerships, trusts and companies.
Discuss your business returnCampbelltown · Established in 2010HOW WE HELP
The right return.
The right records.
For business owners and those responsible for company, partnership, trust or deceased-estate taxation matters.
KPA works with your accounting information and circumstances to prepare the relevant return. We discuss tax liabilities, available deductions and the business objectives behind your decisions.
SUPPORT WITH THIS SERVICE
Partnerships
Partnership accounting information and the tax return work involved.
Companies
Corporate taxation returns based on company records and financial information.
Trusts & deceased estates
Trust and deceased-estate taxation return enquiries, with the relevant records and responsibilities discussed first.
- 01 / IDENTIFY
Confirm the entity and the return required.
- 02 / PREPARE
Work through the accounts and supporting records.
- 03 / REVIEW & LODGE
Discuss the completed return and arrange lodgement.
THE TAX POSITION
Your structure changes the tax work.
A sole trader reports business income in an individual return. Partnerships, companies and trusts have different return requirements. A deceased estate may also need a trust return for income earned after death.
BEFORE WE TALK
A useful starting point.
Start with the entity, the financial year and the current state of your accounts. We can identify whether bookkeeping or financial statements also need attention.
Contact KPA before sending financial records or sensitive documents.
Records to have in mind
- Entity details and business structure
- Accounting records or details of your accounting software
- Income, expense, asset and liability records
- Financial statements and previous returns, where available
- Significant transactions and changes during the year
- Trust, estate or executor details where relevant; discuss document requirements with KPA
COMMON QUESTIONS
Before you enquire.
Do you handle trusts and deceased-estate returns?
The firm’s taxation services include trusts and deceased-estate taxation returns. Tell us which entity or estate is involved so we can confirm the return work and records required.
What if the accounts are not ready?
KPA also provides bookkeeping and financial statement preparation. We will discuss any additional accounting work before agreeing the scope.
Can tax planning be discussed too?
Yes. We can discuss the tax consequences of business decisions and whether a separate tax-planning conversation would be useful.
TALK TO KPA
Let’s discuss your business return.
Tell us about the entity, the financial year and the help you need.