Income Tax Returns
Accurate preparation and electronic lodging for individuals, companies, trusts, and SMSFs.
GST & BAS/IAS
Seamless Business Activity Statement processing to avoid ATO penalties and maximize credits.
Capital Gains Tax (CGT)
Expert guidance on property, asset sales, exemptions, and discount calculations.
Tax Audit Assistance
Full representation and liaison with the ATO to resolve audits smoothly.
Expert Taxation Services by Registered Tax Agents
At Tradewise Solutions Chartered Accountants, we are Registered Tax Agents providing expert taxation services and advice. Our team ensures full compliance with Australian tax laws while helping you optimize your tax position.
Preparation and filing of company, trust, partnership, and individual returns
Fringe Benefits Tax (FBT) calculations and compliance
Expert tax advice on business structuring and asset protection
Quarterly BAS and IAS lodgments with accurate GST reconciliation
Strategic Capital Gains Tax (CGT) planning and concessions
Dedicated ATO audit defense and dispute negotiation support
Our Expertise
Practical client outcomes
Case Study 1
Fixing Tax Issues Before They Became an ATO Problem
The Challenge
A growing business had inconsistencies between its BAS, tax returns and accounting records. Director drawings and some private expenses had also been coded incorrectly.
Our Approach
We reviewed the records, reconciled GST and tax reporting, corrected the coding and checked the director loan account. We also identified missed deductions and amended prior lodgments where required.
The Outcome
The business moved forward with a cleaner tax position, lower compliance risk and better processes for future tax reporting.
Case Study 2
Managing a Complex Capital Gains Tax Position
The Challenge
A client sold an investment property after several years of ownership. Renovations, ownership costs and incomplete historical records made the CGT calculation complex.
Our Approach
We reviewed the purchase and sale documents, capital improvements and eligible ownership costs. We reconstructed the cost base and applied the appropriate CGT treatment.
The Outcome
The client received a clear and properly supported CGT calculation, captured eligible costs and avoided paying more tax than required.
Our Approach
Seamless Integration with Leading Cloud Accounting Software
We work with Xero, QuickBooks and Reckon to maintain accurate records, streamline reporting and support efficient tax and compliance processes.
Service Breakdown
Save Time and Reduce Stress
Income Tax Returns
Tailored solutions for individuals, sole traders, partnerships, trusts, and companies.
Fringe Benefits Tax (FBT)
Managing salary packaging, vehicle benefits, and annual FBT
returns.
GST & BAS/IAS Preparation
Timely lodgments ensuring you claim all eligible input tax credits.
Capital Gains Tax (CGT)
Structuring property, share, and asset sales to utilize maximum statutory discounts.
Business Name Registration & Renewal
Complete representation so you never have to deal with the ATO alone.
Expert Tax Advice
Strategic year-end tax planning to minimize liabilities legally before June 30.
What Our Clients Say
FAQ
Your Questions, Answered.
Every business is different. Let's find the right answer for yours.
A business expense generally needs a sufficient connection to earning assessable income and must not be private, capital or specifically denied. Mixed-use expenses should be apportioned and properly substantiated.
Often yes, although the rules vary between individuals, companies and trusts. Eligibility tests can apply, and supporting calculations and ownership records should be retained.
Division 7A can treat certain payments, loans or debt forgiveness provided by a private company to shareholders or associates as unfranked dividends. Director loan accounts should therefore be reviewed carefully.
An amendment may be required when income, deductions, offsets, CGT or other material details were omitted or entered incorrectly. Time limits vary, so errors should be addressed promptly.
Many tax records are kept for five years, but longer retention can apply to assets, capital gains, carried-forward losses and disputes. Records should be sufficient to explain the tax position claimed.
Need expert tax advice and support?
Our registered tax agents are here to help you navigate Australian tax laws and optimize your tax position.
