Business Tax

Business Tax

A good tax accountant offers much more than filling out forms and tax lodgements. They focus on your business and your financial health and identify issues and opportunities. dnm group’s expert financial advice and timely information can help you grow your business, prevent issues with the ATO, minimise tax, and save you thousands of dollars.

How we help with company taxes

Time Savings

When you outsource your tax needs to our professionals, you can focus on your brand and generate profits instead of crunching numbers. The accountants at dnm group are experts at finding applicable tax deductions which may compensate for their fee. dnm group work with taxation daily and we know the business. Accounting fees are also a legitimate business expense.

 

Tax Compliance

Business tax compliance obligations can be very complex. If your business fails to manage its tax obligations it can result in unexpected penalties and additional tax. Penalties usually start at 25 per cent of the primary liability, but can vary depending on the level of culpability and non-compliance type. dnm group can assist you with tax return preparations, lodgements, reviews, audits, investigations, negotiations, settlements and more. We’re members of the Chartered Accountants of Australia and fully versed in tax law and accounting requirements.

 

Cost-Effective Solutions

dnm group offers efficient and cost-effective tax services, we can handle all your tax needs or help you integrate technologies so you can handle simple requirements in-house. Our team has extensive knowledge and experience with Xero, Reckon, Banklink, Cashflow, MYOB, Saasu, and Quickbooks. We can install the software, tailor it to your business needs, train your staff, and offer ongoing support.

 

Improved Business Growth

The accountants at dnm group offer objective advice on the best ways to improve business growth, reduce taxes, and minimise problems. They can also provide you with advice to minimise tax consequences if you’re considering expanding, merging, or selling.

 

Expert Advice

According to the Australian Treasury, ‘…there could be as many as 160 different state taxes and 259 taxes nationally.’ You can add local government rates to those figures to give you an idea of tax law complexity. Obviously, tax legislation isn’t designed for the average business owner. You need expert business tax advice to navigate the mountains of paperwork, decipher complicated legislation, track legislative changes, and cut through red tape. The accountants at dnm group know the tax code and can ensure you receive the tax concessions, offsets and rebates you deserve.

 

Help When You Need It Most

If your business has problems with the Australian Taxation office, dnm group can assist you. We understand the options for resolving a dispute or objection and can help you find a tenable resolution. We can also assist you with a private ruling application if you need to clarify liability or administrative issues relating to your business taxes.

 

Qualified Experts

dnm group’s accounting team includes members of the Institute of Chartered Accountants, the Taxation Institute of Australia, and the SMSF Professional Association of Australia. We also have qualified commerce and business experts on board and partner with professional legal and investment firms and can offer personalised financial, investment, superannuation and insurance advice.

 

Financial Business Partners

At dnm group, our services go beyond tax advice. We’re here to support your business throughout the year, not just at tax time. We believe effective tax strategies are an important part of financial management, but also know managing taxes properly is only part of overall success. Consequently, dnm group offers all aspects of wealth management, including protecting your personal and business assets, succession and estate planning, and investing for growth.

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