Our Services
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We handle your tax return from start to finish. We ensure all eligible deductions are covered, and focus on minimising your tax while maximising your tax refund. Once everything’s in order, we get it lodged and processed as quickly as possible.
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We prepare and lodge income tax returns for sole traders, partnerships, trusts, companies and self-managed superannuation funds. Whether you're a business owner wanting to get there tax return lodged right or have more complex accounting needs, we cater to your situation with our expertise, ensuring you minimise your tax.
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We prepare accurate, detailed financial statements that provide a clear snapshot of your business's financial health. We guide all businesses through their financial statements in plain-clear language, helping you understand your business true financial position.
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We don't just file your taxes, we'll help you perform year-round, aggressive tax reduction planning so that you never overpay in taxes again. No more unknown - just smart planning to help you stay ahead
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For businesses with a turnover over $75,000, GST registration is mandatory. We can manage everything for you, from the registration process to the preparation and lodgement of your quarterly BAS. With the GST law being complex and ever-changing, we ensure your business stays compliant and up to date with ATO standards, so you can focus on growing your business while we handle the complexities.
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Capital Gains Tax (CGT) applies to the profits made from selling an asset. Whether you are selling shares, disposing of an investment property, or exploring small business concessions, Luminous Accounting is here to assist. Our team specializes in preparing comprehensive share investment reports and property investment schedules that detail capital gains and losses, offering a clear overview of your financial position. We also identify applicable capital gains exemptions and concessions to ensure compliance with tax regulations while maximizing investment returns
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Fringe Benefits Tax (FBT) is a tax that employers pay on certain non-cash benefits provided to employees, their families, or associates, such as company cars, housing accommodation, and entertainment expenses. The FBT year runs from April 1 to March 31, and employers must lodge an annual FBT return to ensure compliance.
For businesses aiming to enhance employee benefits while effectively managing FBT liability, Luminous Accounting is here to provide the support you need. We’ll guide you in identifying eligible exemptions and concessions and develop tailored strategies that optimize your benefits package, ensuring both tax efficiency and compliance.
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Safeguarding your wealth against unforeseen risks and legal challenges is crucial. Our customised asset protection strategies helps you mitigate exposure and preserve your assets for future generations. Whether managing personal or business assets, we provide expert guidance to establish dependable structures that enhance your financial security.
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We help with the formation of Companies (Pty Ltd), Trusts, and Self-Managed Superannuation Funds (SMSF). Whether you're forming a new business, establishing a Trust for asset protection, or creating an SMSF for retirement planning, we provide expert guidance every step of the way.
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We specialize in business restructuring services designed to enhance your company’s performance and adaptability. A well-executed restructuring can lead to improved operational efficiency, reduced costs, and increased profitability. By optimizing your business structure, you can achieve greater flexibility, better cash flow management, and enhanced strategic alignment with your goals. Our experienced team provides hands-on support throughout the entire process, ensuring all changes comply with legal and tax requirements.
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Managing tax debt is vital for achieving financial health and stability for businesses and individuals, and our debt management services extend beyond the standard obligations. We work closely with our clients to create solutions, negotiating with the ATO and state revenue offices as needed. Our goal is to protect clients' assets, avoid insolvency where possible, and offer guidance through financial challenges. With our dedicated support, our clients can confidently manage tax liabilities with our expert advice.