At Cox Partners Accountants we believe in taking a proactive role in handling your taxation and accounting needs. We endeavour to minimise your tax and maximise your profits.

Tax Returns

Using the latest taxation software we are able to prepare your Individual, Partnership, Joint Venture, Trust, Self Managed Superannuation Funds (SMSF) and Company Tax Returns.

Your Tax Returns are lodged electronically once signed by you via our secure lodgement software.

For your Individual Tax Returns, we are happy for you to come into our offices for an appointment, or you can email, mail or hand deliver your data to our office and we can discuss the preparation of your return over the phone or via email.

Taxation Consulting

At Cox Partners Accountants we take the time to listen to you so that we can design the right business structure that suits your needs.

Our Business Services team with a diversity of cultural backgrounds have the experience required to provide you with the taxation and business services that will be best suited for your business structure.

Our team maintain an up to date knowledge in both technical and industry matters to provide you with the necessary tools to manage your taxation requirements whilst also maximising your business performance.

To assist our team in providing you with quality business services, the maintenance of your business records is the starting point. Healthy and efficient record keeping will assist our team in providing a more efficient and valuable service, but are also a great tool to provide quality information for decision making purposes.

The most efficient way of record keeping for your business is electronically. Good quality record keeping can be maintained by using something as simple as an excel spread sheet, or utilising commercial software applications, such as

• Cashflow
• MYOB AccountRight Plus
• Reckon Accounts

For real-time processing software that our team can offer real-time assistance, commercial software applications include:

• MYOB Online
• QuickBooks Online
• Xero

Up to date and accurate record keeping can certainly lead to the success of your business. Our team can assist you with all your record keeping matters, providing advice on the most appropriate accounting software to meet your needs.

Our team is ready to assist you with the preparation of your financial accounts on an annual basis, and/or a periodic basis as required by you.

Monthly Bookkeeping

With a wealth of knowledge in Business Structures, our team is experienced in establishing your bookkeeping systems.

These bookkeeping systems can be maintained by our team at competitive prices, providing you with qualified accountants to interpret your source data to provide you with meaningful management reports.

We can provide this service to you at your premises or ours depending on your location and the volume of services you require.

BAS Preparation

Since the turn of the century and the introduction of the new tax regime accounting for Goods and Services Tax (GST), preparation and lodgement of BAS and IAS forms has been made more efficient due to development of good record keeping tools.

Our team is able to assist you with the preparation of your monthly, quarterly and annual reporting requirements, lodging the completed
forms through our Tax Agent Portal and providing you with an electronic copy of the lodged form.

Apply for ABN, TFN & GST

With our secure access to the Australian Taxation Office business registration websites, we are able to apply for your business registrations, including:-

• Tax File Number for your business entity
• Australian Business Number (ABN)
• GST Registration
  • This can be setup Monthly or Quarterly to meet your needs.
  • This can also be based on a Cash or Accrual Basis.
• PAYG Withholding
• Fuel Tax Rebate
• Wine Equalisation Tax
• Contact our office to discuss your requirements for any of the above items.

Budget Forecasts & Cash Flows

Many business operate without a budget or cash flow which is dangerous in monitoring peaks and troughs that your business will encounter.

Our business services team can assist you with establishing a cash flow budget and also teach you how to monitor the budget against actual. We want to work with you to ensure you meet your payments on time to avoid the embarrassment of late payments and the unwarranted expense of late payment penalties and interest.

We work with you to design a Budget Forecast around your business model will assist you in those times when your business is effected by seasonal issues.

A good quality Budget Forecast will assist you with:

• Financing required (long and short term)
• Staffing levels
• Stock Purchasing
• Asset Purchasing
• Business Growth

Business Advisory Service

Running a business in the current economic climate presents many difficulties and challenges to business owners. Whilst you are an expert in your chosen field in which your business operates, you are also required to deal with Income Tax, GST, cash flow, debt collection, human resources, finance, insurance plus many other matters in the operation of your business.

The business services staff at Cox Partners Accountants are here to help you with those matters that side track you from your main focus of servicing the needs of your clientele. Our staff have the skills and experience to work with you on all of these matters. Let us be your business partner to help you not only run a successful business, but grow that business.

Areas where we can help you achieve these aim’s include:

• Analysis of Profit & Loss Statements
• Business Valuations
• Profit Improvement
• Cash Flow Budgets
• Analysis of best entity structure
• Selling your business
• Succession planning

Consulting, Strategy & Planning Tools

Consulting, Strategy and Planning Tools are designed to assist you with the management of your business, not only on a day to day basis, but also for the future.

To enable growth, you need to understand where you are now. Where do you hope to be in 5 years time?

If you are unsure on the answer to this question, let our business services team work with you in designing a plan to try and get you to where you want to be.

First, we map out the strategies, then we assist in implementing those strategies, utilising all of the tools available to you at Cox Partners Accountants to achieve your business goals.

It is most important to always review your initial plan. It’s not a set and forget type philosophy, but a business tool that needs to be monitored and altered as the needs arise. External factors will effect your business plan, and it is important to monitor your plan to re-act to those external factors before they effect your plans and goals.

The team at Cox Partners Accountants are only too willing to assist you with establishing and monitoring your plan.