Coast Taxation & Accounting

Located on the Sunshine Coast of Queensland, Coast Taxation and Accounting has been providing expert guidance and personalized service to individuals and businesses for over 30 years. With a wealth of experience in the taxation and accounting industry, our team of professionals is dedicated to assisting clients in achieving their financial goals and maximizing their business potential.

At Coast Taxation and Accounting, we understand the importance of timely and accurate financial management, which is why we offer a comprehensive range of services designed to meet the unique needs of our clients. Our team of experts will work closely with you to identify areas of improvement, provide personalized advice, and ensure that your accounting and taxation obligations are up to date and compliant.

Services

Our team of experts offers a wide range of services, including:

Tax Returns

We prepare and lodge all types of tax returns, including individual, partnership, trust, company, and self-managed super fund returns. We understand the complexities of tax law and will ensure that your tax return is accurate, complete, and compliant with all relevant regulations.

Business Start-up and Structure

We provide expert advice on business start-up, company and trust set-up, business structure review, and set-up. Our team will work with you to identify the most tax-effective and legally compliant structure for your business, ensuring you have the foundation you need to succeed.

Self-Managed Super Funds

We offer professional advice on Self-Managed Super Fund setup and management, as well as reviews of existing funds. Our team will help you navigate the complexities of superannuation law and ensure that your fund is compliant and optimized for your financial goals.

Other Services

Our team also provides a range of other services, including budgeting, cash flow management, financial planning, and business forecasting. We understand that every business is unique, and we will work with you to develop a customized solution that meets your specific needs and goals.

Top Tax Tips

Staying on top of your taxes can be overwhelming, which is why we've put together a few of our top tax tips to help you navigate the complex world of taxation:

Tip 1: Pay Your Superannuation Guarantee Installments on Time

Missing Superannuation Guarantee instalments can have serious consequences, including penalties and interest. Make sure you pay your instalments on time every quarter to avoid these potential issues.

Tip 2: Ensure You Have the Right Business Structure

The right business structure can make all the difference in your financial success. Regularly reviewing your business structure is essential to ensure you're operating in the most tax-effective and legally compliant way possible.

Tip 3: Reconcile Your Accounts Monthly

Monthly account reconciliations are essential for identifying errors and irregularities, and ensuring your financial records are accurate and up-to-date.

Tip 4: Pay Expenses Before 30 June

Paying expenses before 30 June can result in a tax deduction for the current financial year, including Superannuation Guarantee payments.

Tip 5: Keep All Receipts for 5 Years

Keeping all receipts for 5 years from the date of lodgement of your tax return, including asset purchase receipts, is essential for compliance with tax law.