Australian Tax Services 249 Queen Street, Concord West, New South Wales 2138

Welcome to Australian Tax Services, your trusted partner in accounting, establishment, and finance. Located in the vibrant suburb of Concord West, on Queen Street, 249, our institution is a point of interest for individuals and businesses seeking expert tax assistance.

At Australian Tax Services, we understand that navigating the complex world of taxation can be overwhelming. That's why our team of experienced professionals is here to provide you with personalized solutions tailored to your unique circumstances. Whether you are an individual looking to optimize your tax returns or a company in need of comprehensive accounting services, we have the expertise to guide you towards financial success.

When it comes to individual taxation, we believe that each case is unique. While it is true that paying taxes is a legal obligation, there are ways to minimize your taxable income. For example, we advise individuals to approach their PAYG employers and request an allowance, allowing them to claim "Relief from Substantiation" ruling from the Australian Taxation Office (ATO). This ruling enables you to provide limited paperwork for your deduction claims, effectively reducing your taxable income.

Furthermore, specific industries such as IT, consultancy, plumbing, and medical professions often generate Personal Services Income (PSI). The ATO's PSI rules impose limitations on deductions for these industries. However, at Australian Tax Services, we have devised strategies to work around these limitations. By structuring your income through a trust, which operates within a company legal entity, we can enhance your tax refund and ensure you receive the maximum benefits available.

Our institution is committed to providing you with exceptional service and reliable advice. We stay up-to-date with the latest changes in tax legislation to ensure that you receive accurate information and comply with all legal requirements. With our expertise and dedication, you can rest assured that your financial affairs are in capable hands.

Visit our website today to learn more about the comprehensive range of services we offer. Whether you need assistance with tax returns, tax planning, bookkeeping, or any other financial matters, Australian Tax Services is here to support you every step of the way. Contact us now to schedule a consultation and experience the difference of working with a trusted partner in taxation and finance.