Individuals
Tax Return Preparation
Keep up to date with your annual income tax obligations with our expert tax return preparation services. Whether you have a simple Income Tax Return due, need help with late or prior year returns, have rental properties with deductions available or need to complete and lodge activity statements – our team has the skills and knowledge to help you not only stay compliant and meet deadlines, but also help you maximise the results of your return.
PAYG Witholding Variations
Many investors choose to improve their day-to-day cashflow situation by working with us to apply for a PAYG withholding variation. This simple application allows you to reduce the tax you pay out of your salary, bringing forward any investment deductions and offsets you ordinarily have to wait to claim in your end of year return, so they land in your pocket today.
Tax Advice
Working closely with our financial advisers, we work to provide our clients with up to date advice as new rules and changes come into effect. Our team also provides specific advice on a range of issues including tax disputes and objections, capital gains tax (CGT), the consequences of leaving and returning to Australia, salary packaging, rental property deductions, and setting up a company to be a contractor – just to name a few.
Self Managed Super Funds (SMSFs)
SMSF Administration
Working closely with our in-house financial planning team, our expert accountants provide a range of SMSF administration services from the establishment of trusts, companies or partnerships through to ongoing administration management. These services include the banking of dividends and investment settlement proceeds, managing payments, recording transactions, keeping records of shareholdings, mail box services and general ledger maintenance.
Annual Compliance
Rest easy knowing your statutory obligations are met, with The Hopkins Group annual compliance services for SMSF trustees. From preparing financial statements and income tax returns, to preparing Business Activity Statements (BAS) and Instalment Activity Statements (IAS), providing bookkeeping and general ledger maintenance, and ensuring you meet your annual ASIC obligations – our team has the right knowledge and experience to keep you and your SMSF compliant.
Tax & Structuring Advice
Understand the tax consequences associated with ongoing transactions and investments within your SMSF, with up to date advice from our dedicated SMSF accountants. Whether you’re considering the sale of investments held within the super structure, removing parties (e.g. due to divorce) or want to know the GST consequences of a particular transaction – The Hopkins Group is here to help.
Accounting Software Setup
For clients wanting to manage their own general ledgers for accounting purposes, our team is trained in assisting with the set up of Xero – a leading cloud based accounting solution., Once set up, we can equip you with the tools you need to get the most out of the platform.
Business Owners
Tax & Structuring Advice
Whether you’re just starting and setting up a business for the first time, or run a long standing organisation – our quality accountants are here to help your business thrive. The Hopkins Group team has extensive experience in providing business and tax advice in areas such as employee remuneration, contributing and withdrawing money from your business, the sale of assets, Fringe Benefits Tax (FBT), Capital Gains Tax (CGT), and GST.
Annual Compliance
Ensure you’re keeping up to date with all your regulatory compliance and statutory obligations with ongoing support from our qualified and experienced accountants. We’ll help make working with the ATO and ASIC a breeze by assisting with the preparation of financial statements and income tax returns, FBT returns, annual payment summaries, and help maintain your annual ASIC obligations. We can even assist with bookkeeping, general ledger maintenance and executing payroll functions.
Asset Protection Advice
When you’re operating a business, often the last thing you want to think about is the potential for something going wrong. That’s exactly why asset protection advice is so important – we’re here to think of all the things that might go wrong and provide the advice you need to adequately protect your assets while things are going right. It’s the peace of mind every business owner needs.
Accounting Software Setup
For clients wanting to manage their own general ledgers for accounting purposes, our team is trained in assisting with the set up of Xero – a leading cloud based accounting solution. Once set up, we can equip you with the tools you need to get the most out of the platform.