Taxation

We can prepare and lodge Income Tax Returns for yourself and all your associated entities ensuring that all allowable deductions are claimed.

Refocus also provides tax advice in the following areas:

Compliance:

Refocus can assist you in all areas of taxation to ensure compliance. Our staff are constantly undertaking education to maintain up to date knowledge of the tax laws. Let us put your mind at rest on this ever-changing issue.

Tax planning:

Planning starts in July not June and we can work with you throughout the tax year to achieve the best result possible for your tax position.

Capital Gains Tax:

If you have sold an investment property, shares, managed funds or a business, Refocus can assist you with calculating your liability, taking into account all discounts and concessions available to you and offer advice on minimizing the tax effect.

Fringe Benefits Tax:

Do you have employees? Do you provide them with use of a motor vehicle? Or perhaps lend them money? If you provide your employees with benefits outside their wages you are most likely liable for Fringe Benefits Tax and therefore are obligated to lodge a Fringe Benefits Tax Return. We can work through this minefield with you.

GST:

If you are conducting a business and your turnover exceeds $50,000 you are required to be registered for GST. Refocus can register you for this tax and associated taxes, including PAYG Withholding Tax. We also prepare and lodge monthly/quarterly/annual Activity Statements, or if you prefer we can assist you to prepare the first one or two and you can then prepare and lodge your Activity Statements yourself. Of course, we are only a phone call or email away if you have queries.

Payroll Tax:

Has your business grown and suddenly you find your payroll is around $1 million. You could be liable for Payroll Tax. Refocus can advise and assist you in this area.