Accounting

Kargar & Associates is providing Public Accounting Services in following areas:

  • Preparation of Financial Reporting at appropriate intervals to suit your business needs.
  • GST Reporting can be completed on either a quarterly or a monthly basis using a variety of different methods to suit your business needs.
  • Setting up accounting software allowing you to take charge of your bookkeeping. We can assist you to manage your record keeping through different accounting software like Xero, MYOB, QuickBooks and Sage one and other packages available in the market.
  • Budgeting, Cash Flow Forecasts and Business Planning remain an important business tool.

Taxation

Kargar & Associates can help you with managing your taxation in the following areas:

  • We assist clients in reviewing existing business to ensure that their business affairs are structured in the most tax effective manner.
  • Taxation influences nearly all business decisions. We will provide ongoing advice on all aspect of your business affairs. Planning before the event in many instances ensures minimizing tax liability and better cash flow for business.
  • Our extensive knowledge and experience allows us to be able to provide you with best up to date advice in different business industries to be able to minimize your tax liability by taking advantage of most recent updates in taxation law.
  • We prepare individual, trusts, and partnership, company and superannuation fund income tax returns.
  • We prepare both Business Activity Statements and Instalment Activity Statements to help clients deal with both GST and PAYG obligations.
  • We can oversee your FBT record keeping obligations and prepare your FBT returns when they fall due.

Business Restructuring and Deconstructions to suit your goals and objectives.

  • Do you wish to set up a business structure to suit your family needs?
  • Do you wish to incorporate another investment or business entities into your whole operations?
  • Are you thinking about risk minimization through restructuring your operations?
  • Are you thinking of succession planning in your business?
  • Are you thinking about reconstructing your operations to suit your retirement goals and objectives?
  • Are you thinking of taking advantage of tax minimization strategies through superannuation contributions?
  • Our highly qualified staffs are here to assist you with setting the foundation for the kick-start of your business, incorporating different entities into your operational structure, Comprehensive control over your accounting system and taxation returns, allowing you to get on with day-to-day management of your business. We can also ensure that your Annual Statements are lodged with ASIC when they become due.

Financial Advisory Services

  • Are you thinking about planning for your retirement through prudent risk management strategies, tax planning and asset preservation strategies through SMSF? Are you thinking about setting up a Self-Managed Superannuation Fund as a planning mechanism for your retirement savings?
  •  We are authorized Self-Managed Superannuation Advisors through SMSF Advisor Network (SAN), in order to provide you with the relevant Statement of Advice (SOA), that you need to be able to set up a SMSF. We can provide you with ongoing regular and continuous advice and review services on monitoring and administration of statutory and compliance services you need, in relation to your SMSF.
  •  Superannuation legislation is a constantly changing and complex area of every business and individual investment decision-making process. We are here to assist you with compliance and regulatory obligations in relation to your SMSF.
  •  Our public accounting and taxation related services will allow us to provide you with full accounting and taxation services in relation to your self-managed superannuation funds.
  • SMSF Audit service is another addition to our services in this area. We are registered SMSF auditors and can provide SMSF Audit services to our client when applicable.