Income tax returns

Not all start-ups begin with a formal company structure. Many start-up owners personal tax returns are complicated by this fact. The same is true for the timing of a purchase or investing in an existing business, establishing a self-managed super fund, negative gearing property, and share trades. Understanding what can be claimed and depreciated and what impact that has on your personal tax return can be complicated.

The team at Bizally specialises in income tax returns for business start-up owners. Their experience ensures nothing is missed, and you take full advantage of the benefits that you are entitled to.

Bizally prefers to meet with new clients early to discuss the tax implications of their business and investments before preparing tax returns. These initial meetings provide a confidential environment to understand both your short-term needs and long-term goals. We believe the best outcomes are achieved when strong client relationships are built on trust. Face-to-face meetings allow us to establish that foundation and provide practical tools - such as checklists and templates - to help streamline the process and reduce the cost of preparing your tax returns.

Bizally can also work with you to electronically exchange the information required to prepare your personal tax return. Bizally uses the ATO electronic lodgement service (ELS) to reduce costs and speed up processing. You can also provide your records electronically, by providing Bizally with access to your Cloud accounting software, by providing electronic reports or completing Bizally’s proprietary small business owner templates.