The Most Trusted Local Tax Agent in Wollongong, Illawarra and Corrimal

Name: Profusion Tax & Accounting
Address: Regus Business Centre, Level 1, 1 Burelli Street, WOLLONGONG, NSW, 2500, Australia
Telephone: 0452 210 072

At Profusion Tax & Accounting, we simplify tax and related services, to start with! We are a group of exceptionally skilled tax accountants committed to offering our cherished clients efficient taxation solutions.

As a trustworthy tax return agency, we have in recent years scales new heights of expertise and competence in ensuring precise tax preparation services in Wollongong. Thanks to the use of the latest tools and software applications and our knowledge about the latest tax laws, we are never found wanting in terms of accuracy while assisting our clients in tax results. . Rather, we consistently go above and beyond to ensure our clients are 100% satisfied.

So what makes you wait? Get in touch with us right now if you need a local tax agent in Wollongong who can submit your income taxes timely! Call us @ 0452 210 072 to set up an appointment.

To know more about our proficiency, you can refer to the About page of our website.

We Are Your Most Trusted Your Small Business Tax Accountant in Wollongong

We're here to assist you in navigating the tax requirements for you personally and your small business and any other entities you may be affiliated with, helping you keep costs to a minimum.

As a small business tax accountant based in NSW, we collaborate with a diverse range of small businesses. We recognise that each business has unique tax planning needs, and we are committed to tailoring strategies that suit your specific business and industry, and paves the way for timely and accurate filing for tax returns in Wollongong, Corrimal, and Illawarra.

What Tax Related Services in Wollongong Do We Offer?

At Profusion Tax & Accounting, we offer a wide range of tax preparation services in Wollongong, which include guidance and support on:

● Individual tax returns
● Partnership tax returns
● Company tax returns
● Trust tax returns

Reach Out To Us For The Latest & Most Effective Tax-Related Advices

Dial us now on 0452 210 072 to set up an appointment with our experts or email us at admin@profusiontaxgroup.au to let us know about your needs. You can also fill up the online contact form and send it. We will reply immediately.

Frequently Asked Questions

1. Why should I depend on your professionals for filing my tax returns?

Our tax accountants are highly skilled and qualified, and more than familiar with the tax-related rules and norms set out by the ATO. Besides, they have the adequate tools to deliver perfect outcomes and that is also pretty fast.

2. How long will my tax return take?

The ATO typically processes tax returns in two weeks. Processing time for manual checks might be as long as 30 calendar days, while processing time for a paper return could be as much as 50 days.

3. What is eligible for a tax deduction?

The majority of the costs you pay in operating your business can be deducted from your taxes if they are directly tied to generating your revenue. Three "golden rules" should be taken into account when it comes to company deductions, according to the ATO:

● The expense must not have been for personal use, be for your business, and be eligible for a deduction.
● You can only claim the part of the expense that is used for your business if it is for both private and business purposes.
● To support your claims, you must have documentation, either digital or physical.

4. What am I supposed to do for my employees if I run a business?

Your employers must submit their Single Touch Payroll (STP) finalisation statements by July 14th (later for closely owned payees). Don't forget to finalise all of the employees you paid over the fiscal year, including those you haven't paid recently, such as fired staff.

5. How can I make the upcoming fiscal year's tax season easier?

To make tax season easier, you need to maintain accurate records all year long to make sure you have all you'll need for tax season. Besides, you need to consult our tax advisor to identify areas where your company's operations could be improved.

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