Our Services
Evans & Hearn are here to help you with a range of tailored services to suit your financial needs. Whether you need assistance with budgeting, monitoring cash flow, reviewing results or keeping financial records up-to-date, we’ll ensure that your lifestyle and your business are sustainable and prepared for growth.
Read on to find out more about our Taxation, Superannuation, Planning Services and Bookkeeping
Taxation
Compliance Services
Keeping up with your tax compliance and reporting obligations can be a time-consuming, stressful and complicated task, yet failure to comply means your company will be hit with significant penalties. Our compliance services will take the hassle off your hands, keeping your records up to date with minimal disruption to your business, allowing you to focus on what you do best.
We offer standard compliance services in accordance with Tax Office regulations and other federal and state government bodies, including:
- Annual Financial Statements
- Farm & Agricultural Advisory Services
- Income Tax Returns
- Monthly and Quarterly BAS lodgements
- Company registered office services
- Capital Gains Tax
- Payroll Tax Returns
- Income tax planning
- Fringe Benefits Tax Returns.
Accounting Software
Choosing the right accounting software can save your business time (and therefore money). With all the different types of accounting software on the market, it can be difficult to make the right choice. Evans & Hearn takes the time to learn about your business and its unique requirements to help you choose the accounting software that will best suit and streamline your business.
We’re experienced in in a wide range of accounting systems including MYOB, Xero, QuickBooks, Reckon and many more.
Superannuation
Whether you’re an employee in a company or you own the company, throughout your working life you will have been accruing superannuation to support you in retirement. Changing to a self-managed superannuation fund (SMSF) allows you to control how your superannuation money is invested. Establishing an SMSF is a tax-efficient way of generating greater income for your future, ensuring a better retirement lifestyle.
However, if you set up an SMSF, the obligations on you can become overwhelming: under an SMSF, you become the trustee of that fund and have to manage it in accordance with its trust deed and tax law, as well as complying with ongoing administrative obligations.
We help you attain all the benefits of an SMSF but take the hassle of fulfilling the extensive accounting requirements off your hands. We handle all documentation required by legislation, ensure that the fund is audited each year, keep your SMSF Deed up to date, obtain actuarial certificates where required, and ensure that deadlines for lodgements are met. Plus we work with your own financial advisors (or our in-house financial advisor) to guide you on contributions, pensions and investments.
Planning
Monthly/Quarterly Management Reports and Quarterly Review/Strategy Meetings
It pays to regularly keep track of your business’ performance. With our business advice, you will be able to identify any unforseen issues and take immediate action to ensure the success and longevity of your business.
We help you manage your finances comprehensively by scheduling monthly or quarterly meetings to discuss your Key Performance Indicators (KPI), comparing your present trading results to the those of previous periods, analysing your budget, and gauging your future performance. We develop tailored strategies to enable you to thoroughly tackle any problems we identify.
Pre-June Review
Don’t wait until the last minute before thinking of your tax payments; the less tax you pay, the more funds that stay in your business to fuel its growth. We analyse and review your actual results to March to estimate your annual performance, helping you to plan ahead, reduce your tax payments and avoid any nasty surprises.
Tax-efficient Business Structuring
Business needs change over time, and often the structure that was recommended when your business first started is not the best structure for its current size or to ensure its future growth. Put simply, tax-efficient business structuring saves you money.
We review your business structure and make recommendations about the optimal setup for your current circumstances and future plans, ensuring you minimise your tax obligations.
Succession Planning
Businesses and individuals have unique financial circumstances, so it is important to get thorough expert advice several years in advance of your planned retirement. Whether you plan to keep your business in the family upon your retirement or sell it to a third party, passing on the reins of your business requires careful planning.
We’ll work closely with your legal advisors to provide a seamless transfer or sale of your business, helping you to avoid unexpected liabilities and to minimise your tax payments.
Wealth Creation Planning
If you’re planning on selling your business to fund a comfortable retirement, proper planning is required to ensure the best possible retirement income.
We can advise you on the ideal structure to maximise and grow your assets and will work with your financial planners (or refer you to our in-house financial planner) to ensure the best outcome.
Estate Planning
We help you ensure that, if you were to pass away, the money that you accumulated over your working life is passed on to your beneficiaries rather than being consumed by taxes.
We will work with your solicitors to ensure the best overall results for your beneficiaries, protecting your assets and utilising all the available tax-free transfers and thresholds.
Bookkeeping
Online accounting and Bookkeeping, An easy solution for busy people
Bookkeeping is a critical part of every business, but it takes up so much time. Until now! With Evans & Hearn Bookkeeping services, all your transactions will be entered, organised, and updated automatically.
Does this sound like you?
- My books are always in chaos and I struggle to find the information I need
- I spend hours on data entry and there is still so much more to do!
- I feel like I’m a slave to my business and never have enough time for myself and my family
- I have no idea where my money is going!
- I am missing out on valuable deductions because I am misplacing receipts
- I am not sure if what I am spending all my time on is even accurate at the end of the day
- I want to go paperless but don’t know how.
Keeping up with your busy schedule is hard enough without having to keep up with book work.
This is why tasks like bookkeeping are often put off until the last minute, leaving you frantically trying to get months of data processed before a looming due date arrives.
Not only does being weeks, or even months behind in your book work make it a headache for you to deal with later, it means you cannot get an accurate picture of how your business is travelling. Falling even a week behind can leave you financially lost and can lead to bigger problems then you think.
Other reasons you may need a Bookkeeper
- You can’t identify financial issues and rectify them before they become bigger problems
- You are unaware of your cash flow situation, making budgets hard to monitor and increases your risk of falling into debt
- You struggle to pay suppliers and other creditors on time. Even paying employees becomes a stress on your finances
- You can’t see where your so called profits are going. You barely have enough money to pay yourself let alone grow your business
- You lose money through unnecessary interest and penalties on late payments and fines
Your information – Up to date
When you think about how important having accurate, up to date information on your business is, it is easy to see how falling behind on your data entry can end up losing you money. Let us help you! Our bookkeeping services take the stress and worry away, you will always have current information on the financial position of your business, and you’ll have more time for the things you enjoy!
Contact Kailan at Evans & Hearn to book your free Bookkeeping consultation now!
Bookkeeping packages
- up to 30 transactions per month
- no payroll
- bank reconciliations
- attending to queries on transactions
- telephone and email support (1 hour)
- - monthly software subscription fee
- - setup (if required) from $500
- up to 100 transactions per month
- receipt bank subscription
- bank reconciliations
- monthly processing of standard payroll - up to 5 employees
- processing of superannuation guarentee through your super clearing house
- reminder of superannuation payment (1)
- attending to queries on translations
- telephone and email support (2 hours)
- - monthly software subscription fee
- - setup (if required) from $500
- - additional payroll (eg. additional employees or more frequent pay cycle) $10 per payslip
- up to 200 transactions per month
- receipt bank subscription
- bank reconciliations
- fortnightly processing of standard payroll - up to 5 employees
- processing of superannuation guarantee through the your supper clearing house
- reminder of superannuation payment (1)
- attending to queries on translations
- monthly debtor statements via email
- creditor reconciliation and monthly statements via email
- preparation of ABA files for wages
- preparation of BAS
- monthly cashflow statements via email
- telephone and email support
- - monthly software subscription fee
- - setup (if required) from $500
- - additional payroll (eg. additional employees or more frequent pay cycle) $10 per payslip
- up to 300 transactions per month
- receipt bank subscription
- bank reconciliations
- fortnightly processing of standard payroll - up to ten employees
- processing of superannuation guarantee through the your supper clearing house
- reminder of superannuation payment (1)
- attending to queries on translations
- monthly debtor statements via email
- creditor reconciliation and monthly statements via email
- preparation of ABA files for wages
- preparation of monthly ABA files for accounts payable
- preparation of BAS
- monthly cashflow statements via email
- telephone and email support
- - monthly software subscription fee
- - setup (if required) from $500
- - additional payroll (eg. additional employees or more frequent pay cycle) $10 per payslip
Software add-ons are available for budgeting, projections and much more!
Additional bookkeeping services
Additional services charged at an hourly rate of $99.
Quotes
If our packages don’t seem to be the right fit for you, contact us today for an obligation free tailor made quote to suit your needs.