Services | Aevum Accounting

How We Can Help

At Aevum Accounting, we do more than just lodge tax returns. We help businesses and individuals build strong financial foundations that support long-term success. Our services are grounded in integrity, trust, and a commitment to helping the next generation thrive.

We work closely with our clients to understand their goals, tailor our advice, and deliver real outcomes. Whether you're just starting out or looking to future-proof your business.

Embarking on a new business venture is an exciting time. However, making the right decisions from the outset is crucial for long-term success and tax efficiency. Our Business Start-Up and Structuring services are designed to guide you through this critical phase:

Business Structure Advice: We provide expert advice on the most suitable legal and tax structure for your new business. This includes evaluating the pros and cons of operating as a sole trader, partnership, company, or trust, taking into account factors such as tax implications, asset protection, and administrative requirements.

Business Registration Assistance: We can assist you with the necessary registrations, including obtaining an Australian Business Number (ABN), Tax File Number (TFN), and registering for Goods and Services Tax (GST) if required.

Initial Tax Planning: We'll work with you to develop initial tax strategies tailored to your chosen business structure and industry. This may include forecasting potential tax liabilities and identifying opportunities for tax-effective planning from the beginning.

Setting Up Accounting Systems: We can provide guidance on establishing efficient accounting systems and processes to ensure accurate record-keeping and compliance with tax regulations.

Understanding Your Tax Obligations: We'll clearly explain your ongoing tax obligations, including income tax, GST, payroll tax (if applicable), and other relevant taxes, helping you stay informed and compliant.

Liaison with Relevant Authorities: We can act as a point of contact with the Australian Taxation Office (ATO) and other relevant government bodies during the initial setup phase.

Our goal is to provide you with a solid foundation for your business, ensuring you are structured correctly from a tax perspective and understand your ongoing compliance responsibilities. Let us help you navigate the complexities of starting a business so you can focus on building your success.
As your business evolves, it may become necessary to review and potentially restructure its operations or legal framework. Business restructuring can be driven by various factors, such as growth, changes in market conditions, succession planning, or the need to improve efficiency and tax effectiveness. Our Business Restructuring services are designed to provide expert guidance and support through this complex process:

Strategic Restructuring Advice: We work closely with you to understand your business objectives and identify the most appropriate restructuring options to achieve your goals. This may involve analyzing different legal structures, operational models, and their potential tax implications.

Tax Implications Analysis: We provide detailed analysis of the tax consequences associated with various restructuring options, ensuring you are fully aware of any potential capital gains tax, stamp duty, or other tax liabilities. Our aim is to identify strategies that minimize tax costs and maximize benefits.

Implementation Planning & Support: We assist you in developing a clear and efficient plan for implementing the chosen restructuring strategy. This includes outlining the necessary steps, documentation, and timelines involved.

Liaison with Stakeholders: We can help manage communication and coordination with relevant stakeholders, such as legal advisors, financial institutions, and the Australian Taxation Office (ATO), to ensure a smooth transition.

Asset Transfers & Reorganizations: We provide guidance and support in navigating the tax implications of transferring assets or reorganizing business entities as part of the restructuring process.

Succession Planning: If restructuring is related to business succession, we can help you develop tax-effective strategies for transferring ownership and ensuring a smooth handover.

Ongoing Tax Compliance Review: Following the restructuring, we can review your ongoing tax compliance obligations to ensure they align with the new business structure.

Whether you are considering a simple change in business structure or a more complex reorganisation, our experienced team can provide the expert advice and support you need to navigate the process effectively and achieve your desired outcomes. We are here to help your business adapt and thrive.
Beyond traditional tax compliance, we offer Business Coaching and Advisory services designed to help you achieve your business goals and navigate the challenges of growth and sustainability. We act as trusted advisors, providing strategic insights and practical guidance to help your business thrive.

Strategic Planning & Goal Setting: We work with you to define your business vision, set clear and achievable goals, and develop strategic plans to achieve them. This includes identifying opportunities for growth, market analysis, and developing actionable roadmaps.

Performance Analysis & Improvement: We help you analyze your business performance, identify key performance indicators (KPIs), and pinpoint areas for improvement in efficiency, profitability, and cash flow management.

Financial Management & Forecasting: We provide insights into your financial data, helping you understand your financial health, develop budgets and forecasts, and make informed financial decisions.

Business Development & Growth Strategies: We offer guidance on strategies to expand your customer base, explore new markets, and develop sustainable growth models.

Operational Efficiency & Process Improvement: We can help you streamline your business processes, improve efficiency, and reduce operational costs.

Risk Management & Mitigation: We assist in identifying potential business risks and developing strategies to mitigate them, protecting your business from unforeseen challenges.

Succession Planning (in conjunction with Restructuring): For business owners looking towards the future, we can provide coaching and advisory services related to succession planning, ensuring a smooth transition of ownership and leadership.

Mentoring & Accountability: We provide ongoing support and act as a sounding board for your ideas and challenges, offering constructive feedback and holding you accountable for implementing agreed-upon strategies.

Our Business Coaching and Advisory services are tailored to your specific needs and aspirations. We go beyond the numbers to understand your business holistically, providing you with the knowledge, tools, and support you need to make informed decisions and drive sustainable success. Let us be your partner in achieving your business vision.
In today's digital age, choosing and implementing the right accounting software is essential for efficient financial management and compliance. We understand that navigating the various options and setting up a new system can be a daunting task. Our Accounting Software Support and Set Up services are here to simplify this process for you:

Software Selection Advice: We can help you identify the accounting software that best suits your business needs, taking into account factors such as your business structure, industry, size, and budget. We have experience with a range of popular software solutions, including Xero, MYOB, QuickBooks, and more.

Software Set Up & Configuration: Our team can assist with the initial set up and configuration of your chosen accounting software. This includes setting up your chart of accounts, connecting bank feeds, customizing settings, and ensuring the software is tailored to your specific requirements.

Data Migration Assistance: If you're transitioning from a manual system or a different accounting software, we can help with the smooth and accurate migration of your existing financial data to the new platform.

Software Training: We provide comprehensive training sessions to you and your staff on how to effectively use your accounting software. Our training covers key features such as invoicing, expense tracking, bank reconciliation, reporting, and more, empowering you to manage your finances with confidence.

Ongoing Support & Troubleshooting: We offer ongoing support to address any questions or issues you may encounter while using your accounting software. Our team is readily available to provide timely assistance and ensure your system runs smoothly.

Integration with Other Business Systems: We can advise and assist with integrating your accounting software with other business systems you may use, such as point-of-sale (POS) systems, customer relationship management (CRM) software, and payroll systems, to streamline your overall business operations.

Customization & Automation: We can help you customize your accounting software to automate routine tasks, generate tailored reports, and gain deeper insights into your business's financial performance.

By leveraging our Accounting Software Support and Set Up services, you can save time, reduce errors, and gain better control over your business finances. We are committed to ensuring you have the right tools and knowledge to manage your accounts efficiently and make informed business decisions.
Ensuring the long-term continuity and success of your business requires careful planning for the future, particularly when considering changes in ownership or leadership. Business Succession Planning is a critical process that helps you define your goals for the future of your business and develop a strategy to achieve them. Our Business Succession Planning services provide the expert guidance you need to navigate this important transition:

Goal Setting & Vision Definition: We work with you to understand your objectives for the future of your business. Whether your goal is to pass it on to family members, sell to existing management, or explore external sale options, we help you define your vision and desired outcomes.

Identifying Potential Successors: We can assist in identifying and evaluating potential successors, whether they are within your family, your management team, or external parties.

Developing Succession Strategies: Based on your goals and potential successors, we help you develop tailored succession strategies. This may involve mentorship programs, training plans, restructuring ownership, or exploring various exit strategies.

Tax Implications Analysis & Planning: Succession planning can have significant tax implications. We provide detailed analysis of potential capital gains tax, inheritance tax, and other relevant taxes, and help you develop tax-effective strategies to minimize liabilities and maximize benefits for all parties involved.

Business Valuation: Understanding the current value of your business is a crucial step in the succession planning process. We can provide or facilitate business valuation services to ensure a fair and accurate assessment.

Legal Documentation Coordination: We work closely with your legal advisors to ensure all necessary legal documentation, such as wills, trust deeds, shareholder agreements, and sale contracts, are properly prepared and executed.

Communication & Stakeholder Management: We can assist in developing communication strategies to effectively convey your succession plans to employees, family members, and other key stakeholders.

Implementation Support & Review: We provide ongoing support throughout the implementation of your succession plan and offer periodic reviews to ensure it remains aligned with your evolving goals and circumstances.

Effective business succession planning provides peace of mind, ensures a smooth transition, and helps protect the legacy you've built. Our experienced team is here to guide you through every step of this important process, helping you secure the future success of your business.
While you've worked hard to build your personal wealth and assets, have you considered what the future holds for them and your loved ones? Personal Succession Planning is the process of making arrangements for the management and distribution of your assets in the event of your passing or incapacitation. It's about ensuring your wishes are respected and providing security for your family. Our Personal Succession Planning services offer guidance and support in this crucial area:

Estate Planning Guidance: We help you understand the importance of having a comprehensive estate plan, including wills, powers of attorney, and potentially trusts. We can explain the implications of different estate planning tools and how they can protect your assets and provide for your beneficiaries.

Tax Implications of Estate Planning: We provide insights into the potential tax consequences of your estate plan, such as capital gains tax and inheritance tax (where applicable in Australia). We can help you explore strategies to minimize these liabilities and maximize the value passed on to your loved ones.

Asset Protection Considerations: We can discuss strategies to protect your personal assets for the benefit of your family, considering different ownership structures and legal frameworks.

Superannuation Planning: Your superannuation is often a significant asset. We can help you understand how your superannuation will be treated upon your passing and ensure your beneficiary nominations are up-to-date and aligned with your wishes.

Insurance Review: We can review your existing life insurance policies and help you determine if they adequately meet the needs of your beneficiaries in the event of your passing.

Liaison with Legal Professionals: While we are tax accountants, we work closely with trusted legal professionals who specialize in estate planning. We can help facilitate connections and ensure your legal documents are aligned with your overall financial plan.

Regular Plan Reviews: Your personal circumstances can change over time. We recommend regular reviews of your personal succession plan to ensure it continues to reflect your wishes and remains effective.

Personal Succession Planning is not just about what happens after you're gone; it's about providing security and clarity for your loved ones and ensuring your hard-earned assets are managed according to your intentions. Let us help you navigate this important aspect of your financial well-being.
Tax planning is more than just preparing your annual tax return – it's about proactively structuring your financial affairs to minimize your tax obligations and maximize your after-tax wealth. Whether you're an individual or a business owner, effective tax planning can lead to significant savings and improved financial outcomes. Our Tax Planning services are tailored to your unique circumstances and goals:

For Individuals:

Personalized Tax Minimization Strategies: We analyze your income, deductions, and offsets to identify legitimate opportunities to reduce your tax liability. This may include strategies related to investments, superannuation contributions, salary packaging, and more.

Understanding Tax Implications of Financial Decisions: We provide clear advice on the tax consequences of significant financial decisions, such as buying or selling property, making investments, or changing employment.

Proactive Advice on Tax Law Changes: We stay up-to-date with the latest tax legislation and inform you of any changes that may impact your tax situation, allowing you to adapt your strategies accordingly.

Planning for Capital Gains Tax (CGT): We can help you plan for potential CGT liabilities when selling assets, exploring strategies to minimize or defer these taxes.

Superannuation Tax Planning: We provide guidance on the tax benefits of superannuation contributions and strategies to maximize your retirement savings in a tax-effective manner.

For Businesses:

Strategic Business Tax Planning: We work with you to develop tax-efficient business structures and strategies to minimize your company's tax burden, optimize cash flow, and plan for future growth.

GST Planning & Management: We provide advice on GST registration, compliance, and strategies to manage your GST obligations effectively.

Fringe Benefits Tax (FBT) Planning: We help you understand your FBT obligations and identify opportunities to structure employee benefits in a tax-efficient way.

Tax-Effective Investment Strategies: We can advise on investment strategies that align with your business goals while minimizing tax liabilities.

Succession Planning Tax Implications: As part of business succession planning, we provide expert advice on the tax implications of various transfer strategies.

Our approach to tax planning is proactive and forward-thinking. We work closely with you to understand your financial situation and goals, developing tailored strategies that not only minimize your current tax liabilities but also help you build a more secure financial future. Let us help you take control of your tax situation and unlock your financial potential.

Estate Planning Guidance: We help you understand the importance of having a comprehensive estate plan, including wills, powers of attorney, and potentially trusts. We can explain the implications of different estate planning tools and how they can protect your assets and provide for your beneficiaries.

Tax Implications of Estate Planning: We provide insights into the potential tax consequences of your estate plan, such as capital gains tax and inheritance tax (where applicable in Australia). We can help you explore strategies to minimize these liabilities and maximize the value passed on to your loved ones.

Asset Protection Considerations: We can discuss strategies to protect your personal assets for the benefit of your family, considering different ownership structures and legal frameworks.

Superannuation Planning: Your superannuation is often a significant asset. We can help you understand how your superannuation will be treated upon your passing and ensure your beneficiary nominations are up-to-date and aligned with your wishes.

Insurance Review: We can review your existing life insurance policies and help you determine if they adequately meet the needs of your beneficiaries in the event of your passing.

Liaison with Legal Professionals: While we are tax accountants, we work closely with trusted legal professionals who specialize in estate planning. We can help facilitate connections and ensure your legal documents are aligned with your overall financial plan.

Regular Plan Reviews: Your personal circumstances can change over time. We recommend regular reviews of your personal succession plan to ensure it continues to reflect your wishes and remains effective.

Personal Succession Planning is not just about what happens after you're gone; it's about providing security and clarity for your loved ones and ensuring your hard-earned assets are managed according to your intentions. Let us help you navigate this important aspect of your financial well-being.
Navigating the complexities of individual income tax can be time-consuming and often confusing. Our expert team is here to simplify the process, ensuring your tax return is accurate, compliant, and that you claim all eligible deductions and offsets. We take the stress out of tax time, allowing you to focus on what matters most.

Comprehensive Tax Return Preparation: We meticulously prepare and lodge your annual income tax return, ensuring all your income sources and relevant deductions are accurately reported. We handle various income types, including salary and wages, investment income, rental property income, and business income for sole traders.

Maximizing Deductions & Offsets: We have a thorough understanding of current tax legislation and will work diligently to identify all deductions and offsets you are entitled to claim, potentially increasing your refund or reducing your tax payable. This includes deductions for work-related expenses, education expenses, donations, and more.

Expert Advice on Tax Matters: Our experienced tax professionals can provide clear and understandable advice on various individual tax matters, answering your questions and helping you understand your tax obligations.

Efficient Electronic Lodgement: We utilize secure electronic lodgement systems to ensure your tax return is submitted to the Australian Taxation Office (ATO) efficiently and promptly.

ATO Liaison: Should the ATO have any queries regarding your tax return, we can act as your point of contact, handling communication and resolving issues on your behalf.

Amendment of Prior Year Returns: If you believe there was an error or omission in a previous tax return, we can assist you in preparing and lodging an amendment.

Personalized Service: We understand that every individual's financial situation is unique. We take the time to understand your specific circumstances to provide tailored advice and ensure your tax return accurately reflects your situation.

Whether you are a simple wage earner or have more complex financial affairs, our Individual Tax Return services provide you with peace of mind knowing your tax obligations are handled professionally and efficiently. Let us take the burden out of tax time for you.
Family trusts are powerful tools for managing assets, protecting wealth, and planning for future generations. However, they come with specific tax and compliance obligations that require careful attention. Our Family Trust Returns and Compliance services provide you with the expertise to navigate these complexities effectively, ensuring your trust operates smoothly and in accordance with Australian tax laws.

Preparation & Lodgement of Family Trust Tax Returns: We handle the accurate and timely preparation and lodgement of your family trust's annual tax return. This includes reporting all income, deductions, capital gains, and distributions to beneficiaries in compliance with Australian Taxation Office (ATO) requirements.

Beneficiary Distribution Management: We provide guidance on the tax-effective distribution of trust income to beneficiaries, taking into account their individual tax circumstances to potentially minimize the overall tax burden for your family. We ensure all distributions are correctly documented and comply with trust deed requirements and ATO regulations.

Understanding Trustee Responsibilities: We clearly explain the ongoing responsibilities of the trustee, ensuring you understand your obligations regarding record-keeping, reporting, and acting in the best interests of the beneficiaries.

Compliance with ATO Regulations: We stay up-to-date with the latest ATO rulings and guidelines specific to family trusts, ensuring your trust adheres to all current regulations and minimizing the risk of penalties or audits. This includes navigating complex areas such as Family Trust Elections (FTEs) and the Family Trust Distribution Tax (FTDT).

Capital Gains Tax (CGT) Planning for Trusts: We provide advice on managing CGT within the trust structure, including strategies for utilizing available discounts and distributing capital gains tax-effectively to beneficiaries.

Record-Keeping Guidance: We advise on the essential record-keeping requirements for family trusts, ensuring you maintain the necessary documentation to support your tax returns and comply with ATO requirements.

Liaison with the ATO: Should the ATO have any queries or conduct an audit of your family trust, we can act as your representative, managing communication and resolving issues on your behalf.

Trust Deed Review (in conjunction with legal professionals): While we are tax experts, we can work with your legal advisors to review your trust deed to ensure it aligns with your tax objectives and complies with relevant legislation.

Our goal is to provide you with peace of mind knowing that your family trust's tax and compliance obligations are being managed professionally and efficiently. We help you maximize the benefits of your family trust while ensuring full compliance with the ATO, protecting your family's financial future.
Operating a company comes with specific and often complex tax and regulatory compliance requirements. Our Company Returns and Compliance services are designed to provide you with expert assistance in meeting these obligations accurately and efficiently, allowing you to focus on running and growing your business.

Preparation & Lodgement of Company Income Tax Returns: We handle the meticulous preparation and timely lodgement of your company's annual income tax return, ensuring compliance with all relevant tax legislation and maximizing eligible deductions.

Goods and Services Tax (GST) Compliance (BAS Preparation & Lodgement): We provide comprehensive services for managing your company's GST obligations, including registration, accurate preparation and lodgement of Business Activity Statements (BAS), and advice on GST regulations.

Fringe Benefits Tax (FBT) Compliance: If your company provides benefits to employees, we ensure accurate calculation and lodgement of Fringe Benefits Tax (FBT) returns, along with advice on minimizing FBT liabilities.

Payroll Tax Compliance: We assist with understanding and meeting your payroll tax obligations, including calculations, registrations, and lodgement of payroll tax returns.

Superannuation Guarantee Compliance: We ensure your company meets its superannuation guarantee obligations for employees, helping you navigate contribution deadlines and reporting requirements.

Maintenance of Company Registers: We can provide guidance on maintaining necessary company registers and complying with corporate governance requirements related to tax.

Tax Planning for Companies: Beyond compliance, we offer proactive tax planning strategies to minimize your company's tax liabilities, optimize cash flow, and plan for future growth.

Liaison with the Australian Taxation Office (ATO) & Other Regulatory Bodies: We act as your professional representative when dealing with the ATO and other relevant regulatory bodies on tax-related matters, handling correspondence and resolving issues efficiently.

Record-Keeping Advice: We provide clear guidance on the essential record-keeping requirements for companies to ensure compliance and support your tax positions.

Our goal is to provide you with the confidence that your company's tax and compliance obligations are being handled accurately and professionally. We aim to simplify the complexities of corporate tax, allowing you to operate your business with peace of mind and focus on achieving your commercial objectives.
A Self-Managed Super Fund (SMSF) allows you to take control of your retirement savings and investment decisions. While offering greater flexibility, SMSFs also come with specific regulatory and compliance responsibilities. Our SMSF services are designed to provide you with the expert guidance and support you need to manage your fund effectively and in accordance with the law.

SMSF Establishment & Set-Up: We can guide you through the process of establishing your SMSF, including preparing the trust deed, obtaining an Australian Business Number (ABN) and Tax File Number (TFN), and setting up the fund's bank account.

Trustee & Member Education: We provide clear explanations of your responsibilities as a trustee and member of an SMSF, ensuring you understand your legal and fiduciary duties.

Annual Compliance & Administration: We handle the complex annual compliance requirements for SMSFs, including the preparation of financial statements, member statements, and the annual SMSF income tax return.

Independent Audit Arrangement: We can facilitate the engagement of an independent approved SMSF auditor, a mandatory requirement to ensure your fund complies with regulations.

Investment Strategy Guidance: While we don't provide financial product advice, we can help you understand the regulatory framework surrounding SMSF investments and ensure your investment strategy aligns with superannuation law.

Pension Commencement & Management: We can assist with the establishment and management of pension payments from your SMSF once you reach retirement, ensuring compliance with pension rules.

Transfer Balance Account Reporting (TBAR): We manage your Transfer Balance Account Reporting obligations, which track events that affect your retirement phase income stream cap.

Liaison with the Australian Taxation Office (ATO): We act as your point of contact with the ATO for all SMSF-related matters, handling correspondence and resolving any issues that may arise.

Record-Keeping Advice: We provide guidance on the essential record-keeping requirements for your SMSF to ensure compliance and support all transactions.

Winding Up of SMSFs: If the time comes to wind up your SMSF, we can guide you through the necessary procedures to ensure a compliant and efficient process.

Our goal is to simplify the complexities of managing an SMSF, providing you with the expertise and support needed to meet your compliance obligations and effectively manage your retirement savings. We empower you to take control of your superannuation while ensuring you remain within the regulatory framework.
Administering a deceased estate involves navigating complex legal and financial processes at a time when you are likely grieving. Our Deceased Estates services are designed to provide compassionate and expert assistance to executors and administrators, helping to manage the financial aspects of settling an estate with efficiency and sensitivity.

Understanding Executor/Administrator Duties: We provide clear guidance on the responsibilities and obligations of an executor (named in the will) or administrator (appointed by the court when there's no will or the executor is unable to act).

Tax Return Preparation for the Deceased: We can prepare and lodge the final income tax return for the deceased, covering the period from the start of the income year up to the date of death.

Estate Tax Return Preparation (if applicable): While Australia does not have inheritance tax, there may be specific tax obligations related to the estate itself, such as income generated by the estate during administration or capital gains tax on the disposal of estate assets. We can prepare these returns as required.

Capital Gains Tax (CGT) Advice on Estate Assets: We provide expert advice on the CGT implications of transferring or selling assets within the deceased estate, helping to minimize potential tax liabilities for the beneficiaries.

Superannuation Death Benefit Taxation: We can provide guidance on the tax treatment of superannuation death benefits paid to beneficiaries, which can vary depending on the beneficiary's relationship to the deceased and their tax status.

Liaison with Legal Professionals: We work closely with solicitors and other legal professionals involved in the estate administration process to ensure a coordinated and efficient approach.

Assistance with Estate Accounting: We can help with the preparation of estate accounts, providing a clear record of income and expenses during the administration period.

Advice on Distribution to Beneficiaries: We can provide guidance on the tax implications for beneficiaries receiving assets from the estate.

ATO Liaison: We can act as your point of contact with the Australian Taxation Office (ATO) on all tax-related matters concerning the deceased estate, handling correspondence and resolving any issues.

Our aim is to alleviate the stress and burden associated with the financial administration of a deceased estate. We provide clear, professional, and empathetic support to executors and administrators, ensuring all tax obligations are met accurately and efficiently, allowing you to focus on supporting your family during a difficult time.
Understanding your business's financial health is crucial for making informed decisions and achieving your goals. Our Financial Accounts Preparation services provide you with clear, accurate, and timely financial reports that offer valuable insights into your performance and financial position.

For Businesses:

Preparation of Key Financial Statements: We prepare essential financial statements, including:

Profit and Loss Statement (Income Statement): Showing your business's revenues, expenses, and profit or loss over a specific period.

Balance Sheet (Statement of Financial Position): Providing a snapshot of your business's assets, liabilities, and equity at a specific point in time.

Statement of Cash Flows: Tracking the movement of cash both into and out of your business over a period.

Compilation of Financial Data: We efficiently compile your financial data from various sources, ensuring accuracy and completeness.

Customized Reporting: We can tailor financial reports to meet your specific needs and provide the level of detail you require for effective decision-making.

Regular Reporting Periods: We can prepare financial accounts on a monthly, quarterly, or annual basis, depending on your requirements.

Analysis and Interpretation (Optional): Beyond preparation, we can also provide analysis and interpretation of your financial statements, highlighting key trends, ratios, and areas for improvement.

Liaison with Lenders and Stakeholders: Well-prepared financial accounts are essential when dealing with banks, investors, and other stakeholders. We ensure your reports are presented professionally and accurately.

For Individuals (in specific circumstances, e.g., sole traders, rental property owners):

Preparation of Financial Summaries: We can prepare clear summaries of your income and expenses relevant for tax purposes or loan applications.

Rental Property Financial Statements: For landlords, we can prepare detailed income and expense statements for your rental properties.

Our Financial Accounts Preparation services provide you with the foundation for sound financial management and informed business decisions. By delivering accurate and insightful financial reports, we help you understand your financial performance, identify opportunities, and navigate the path to success.
Maintaining accurate and up-to-date financial records is the backbone of any successful business. Effective bookkeeping not only ensures compliance with tax regulations but also provides you with the clear financial insights needed to make informed decisions and manage your cash flow effectively. Our bookkeeping services are designed to streamline this essential function for your business.

Data Entry & Record Keeping: We handle the meticulous task of recording your day-to-day financial transactions, including sales, purchases, receipts, and payments, ensuring accuracy and completeness.

Bank Reconciliation: We regularly reconcile your bank statements with your accounting records to identify and resolve any discrepancies, ensuring your cash balances are accurate.

Accounts Receivable Management: We can assist with tracking invoices issued to customers and following up on outstanding payments, helping to improve your cash flow.

Accounts Payable Management: We can help you manage your supplier invoices and ensure timely payments, maintaining good relationships with your vendors.

Payroll Processing (Optional - Specify if offered): We can manage your payroll processing, including calculating wages, deductions, and ensuring compliance with payroll tax obligations.

Preparation of Management Reports: We can generate regular management reports, such as profit and loss statements, balance sheets, and cash flow statements, providing you with a clear overview of your business's financial performance.

GST Tracking & Reporting: We accurately track GST on your sales and purchases, ensuring compliance with GST regulations and facilitating the preparation of your Business Activity Statements (BAS).

Software Integration: We are proficient in using various accounting software packages (e.g., Xero, MYOB, QuickBooks) and can seamlessly integrate our bookkeeping services with your chosen platform.

Customized Bookkeeping Solutions: We understand that every business has unique needs. We offer flexible and tailored bookkeeping solutions to match your specific requirements and budget.

Timely and Accurate Information: Our goal is to provide you with timely and accurate financial information, empowering you to make informed business decisions with confidence.

By entrusting your bookkeeping to our experienced team, you can free up valuable time and resources to focus on growing your business, knowing that your financial records are in expert hands. We provide reliable and efficient bookkeeping services that lay the foundation for your financial success.
Lodging your Business Activity Statement (BAS) accurately and on time is a crucial part of your business's compliance responsibilities. It covers Goods and Services Tax (GST), Pay As You Go (PAYG) withholding, and other tax obligations. Our BAS services are designed to streamline this process, ensuring accuracy, maximizing eligible credits, and keeping you compliant with the Australian Taxation Office (ATO).

Preparation & Lodgement of BAS: We expertly prepare and lodge your BAS on your behalf, ensuring all calculations are accurate and deadlines are met. We handle monthly, quarterly, and annual BAS lodgements.

GST Calculation & Reporting: We accurately calculate your GST payable or refundable, ensuring you claim all eligible input tax credits.

PAYG Withholding Management: We ensure your PAYG withholding obligations for your employees are correctly calculated and reported on your BAS.

PAYG Instalment Calculation & Reporting: We assist with calculating and reporting your PAYG income tax instalments.

Fuel Tax Credits: We can help you identify and claim any eligible fuel tax credits for your business.

Review of Transactions & Record Keeping: We can review your financial transactions and provide guidance on proper record-keeping to ensure accurate BAS preparation.

Liaison with the ATO: We act as your intermediary with the ATO regarding your BAS, handling queries and resolving any issues that may arise.

Electronic Lodgement: We utilize secure electronic lodgement systems to ensure your BAS is submitted efficiently and on time.

Staying Up-to-Date with Legislation: We stay informed about the latest GST and tax legislation to ensure your BAS is compliant with current regulations.

Cash Flow Management Insights: By accurately tracking your GST obligations, we can provide insights to help you manage your business's cash flow effectively.

Our goal is to take the complexity and stress out of BAS preparation and lodgement, allowing you to focus on running your business. We ensure your BAS is accurate, lodged on time, and that you are claiming all eligible credits, helping you stay compliant and optimize your cash flow.
For many businesses and some individuals, regular Instalment Activity Statements (IAS) are required to pay Pay As You Go (PAYG) income tax instalments and other amounts like PAYG withholding. Ensuring these are prepared and lodged accurately and on time is vital for compliance. Our IAS services are designed to simplify this process and help you manage your instalment obligations effectively.

Preparation & Lodgement of IAS: We accurately prepare and lodge your IAS by the due dates, ensuring compliance with the Australian Taxation Office (ATO) requirements.

PAYG Income Tax Instalment Calculation & Reporting: We assist in calculating and reporting your PAYG income tax instalments based on your prior income or as varied based on your current circumstances.

PAYG Withholding Reporting: If you withhold tax from payments to employees or other payees, we ensure these amounts are correctly reported on your IAS.

Other Instalment Reporting: We can also assist with reporting other instalments that may be included on your IAS.

Review of PAYG Obligations: We can review your PAYG withholding and instalment obligations to ensure they are appropriate for your business or individual circumstances.

Variation of Instalments (if applicable): If your income has significantly changed, we can help you calculate and lodge a variation to your PAYG income tax instalments to potentially avoid under or overpaying tax.

Liaison with the ATO: We act as your point of contact with the ATO regarding your IAS, handling any queries or issues that may arise.

Electronic Lodgement: We utilize secure electronic lodgement systems for efficient and timely submission of your IAS.

Staying Up-to-Date with Legislation: We remain informed about the latest PAYG and tax legislation to ensure your IAS compliance.

Our goal is to streamline the preparation and lodgement of your Instalment Activity Statements, ensuring accuracy and timely submission. We help you manage your periodic tax obligations effectively, minimizing the risk of penalties and contributing to better cash flow management.
Receiving notification of an audit or review from the Australian Taxation Office (ATO) can be a stressful experience. Navigating the complexities of an ATO audit requires a thorough understanding of tax law and procedures. Our ATO Audit & Review Assistance services provide you with expert guidance and representation to ensure a smooth and fair process.

Initial Consultation & Assessment: We will meet with you to understand the scope of the ATO audit or review and assess the potential issues involved.

Understanding Your Rights & Obligations: We will clearly explain your rights and obligations during an ATO audit or review, ensuring you are fully informed throughout the process.

Gathering & Reviewing Documentation: We will assist you in gathering the necessary financial records and documentation required by the ATO, ensuring they are organized and presented appropriately.

Developing a Strategic Response: We will work with you to develop a strategic response to the ATO's queries and requests, aiming for the best possible outcome.

Acting as Your Liaison with the ATO: We will act as your professional representative in all communications with the ATO, handling correspondence, attending meetings, and advocating on your behalf. This can significantly reduce the stress and time burden on you.

Preparing Submissions & Arguments: We will prepare clear and concise submissions to the ATO, presenting your case effectively and ensuring all relevant information is considered.

Negotiation & Dispute Resolution: We will negotiate with the ATO to resolve any discrepancies or disputes that may arise during the audit process.

Appeals Advice (if necessary): If the outcome of the audit is unfavorable, we can provide advice on your options for appeal and assist you in navigating the appeals process.

Minimizing Potential Penalties: Our expertise can help minimize the risk of penalties and interest charges by ensuring a thorough and accurate response to the ATO's inquiries.

Our goal is to provide you with strong representation and expert guidance during an ATO audit or review. We aim to protect your interests, ensure a fair process, and achieve the most favorable outcome possible, allowing you to move forward with confidence. If you receive an ATO audit notification, seeking professional assistance early is crucial.
Non-profit organizations play a vital role in our community. To maintain public trust and comply with regulatory requirements, many non-profits are required to undergo audits. Our Non-Profit Audit Compliance services provide expert guidance and support to ensure your organization meets its audit obligations efficiently and transparently.

Understanding Non-Profit Audit Requirements: We clarify the specific audit requirements applicable to your non-profit, considering factors such as size, funding sources, and legal structure.

Audit Preparation Assistance: We work with your organization to prepare the necessary financial records and documentation required for the audit process, ensuring a smooth and efficient audit.

Liaison with Auditors: We can act as a point of contact between your organization and the external auditors, facilitating communication and addressing their queries effectively.

Review of Audit Findings: We help you understand the audit findings and recommendations, and assist in developing and implementing appropriate responses and corrective actions.

Compliance with Regulatory Bodies: We ensure your organization complies with the reporting and compliance requirements of relevant regulatory bodies, such as the Australian Charities and Not-for-profits Commission (ACNC) and funding bodies.

Financial Statement Preparation: We can assist in preparing accurate and compliant financial statements in accordance with relevant accounting standards for non-profit entities.

Internal Controls Review (Optional): We can review your organization's internal controls and provide recommendations for strengthening them to improve financial accountability and reduce the risk of fraud.

Governance Advice (in relation to financial compliance): We can provide advice on governance best practices related to financial management and compliance for non-profit organizations.

Risk Assessment: We can help identify and assess financial risks within your organization and develop strategies to mitigate them.

Our goal is to support your non-profit organization in meeting its audit and compliance obligations effectively and efficiently. We understand the unique challenges faced by the sector and are committed to helping you maintain transparency, accountability, and public trust, allowing you to focus on your important mission.
Maintaining compliance with corporate regulations and managing administrative tasks can be time-consuming and complex for companies. Our Corporate Secretarial Support services provide professional assistance to ensure your company meets its legal and administrative obligations efficiently, allowing you to focus on your core business activities.

Company Registration & Setup: We can assist with the initial registration of your company with the Australian Securities and Investments Commission (ASIC), including preparing and lodging necessary documents.

ASIC Compliance Management: We help you meet your ongoing ASIC compliance obligations, such as preparing and lodging annual statements and notifying ASIC of changes to company details (e.g., director changes, address changes).

Maintenance of Company Registers: We can maintain your company's statutory registers, including the register of members, directors, secretaries, and charges, ensuring they are accurate and up-to-date.

Preparation of Meeting Minutes & Resolutions: We can assist with the preparation of minutes for director and shareholder meetings, as well as drafting company resolutions to document important decisions.

Corporate Governance Advice: We can provide guidance on corporate governance best practices to help your company operate effectively and ethically.

Share Transfers & Allotments: We can assist with the administrative processes involved in share transfers and new share allotments.

Trust Administration (for corporate trustees): If your company acts as a trustee, we can provide administrative support related to trust compliance.

Registered Office Services (Optional - Specify if offered): We may offer the use of our office as your company's registered office.

Liaison with ASIC: We can act as your point of contact with ASIC, handling correspondence and addressing any administrative queries.

Deregulation & Company Wind-Up Assistance: When the time comes, we can assist with the administrative processes involved in deregistering or winding up your company.

Our Corporate Secretarial Support services are designed to relieve the administrative burden of corporate compliance, ensuring your company meets its obligations efficiently and accurately. This allows you to dedicate your time and resources to driving your business forward with the confidence that your corporate secretarial functions are in expert hands.

Ready to Get Started?

Taking the next step with your accounting doesn’t have to be complicated. At Aevum, we’re here to make things clear, simple, and tailored to you. Whether you’re looking for support with your business, your personal finances, or planning for the future, we’re ready to help. Reach out today — let’s build something that lasts.

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reception@aevumaccounting.com.au

(08) 6117 9219

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