
Taxation
Taxation is an ever-changing area, and how up-to-the-minute – or not – your accountant is, can mean a substantial difference both to your Business’ after-tax profits and your personal after-tax income.
Tax planning – or lack of it – can make or break a business – in the short term, as well as significantly alter the amount of your personal wealth – over the longer term.
Kostas Augerinos & Associates’ clients know that tax is not a once-a-year issue. In any business, taxation issues arise numerous times throughout the course of a year. How those issues are dealt with will have a significant impact on your cash flow and ultimately, on the amount of money you get to take home with you at the end of the month.
It’s this simple: You can’t afford outdated, inconsistent or inadequate advice, or poor communication, from your accountant. On any issue. And certainly not when it comes to tax.
The fee you currently pay your accountant could be a mere fraction of what he or she is costing you if they’re not totally switched on in the critical field of taxation.
Kostas Augerinos & Associates have an extensive depth of skills, knowledge, experience and capabilities in the area of taxation, and we focus on ensuring your taxation position is being optimised, now and in the future.
The specific services of Kostas Augerinos & Associates’ Taxation Services Division include:
- Preparation of Income Tax Returns for Individuals and every type of Business Entity
- Preparation of Business Activity Statements
- Preparation of Fringe Benefits Tax Returns
- Preparation of returns to comply with all State Laws
- Advice on appropriate corporate structures and asset protection
- Advice on specific taxation issues on any transaction types including Corporate structuring, Re-structuring, Mergers & Acquisitions, Asset Sales, Structuring for Asset Protection, Taxation and Financial Due Diligence
- Advice of specific taxation issues on any type of taxation impost including Income Tax, Capital Gains Tax, GST, FBT, Payroll taxes, Land tax, International taxation, etc
- Audits of Self Managed Superannuation Funds
- Assistance with Taxation Management Issues
Your tax agent is one of the most important service providers to your business. A reliable and professional tax agent will provide you with the right tax help, tax advice, tax planning and tax accounting support and services. As a responsible business owner, you should demand from your tax agents/tax accountant, the right tax help, tax advice, tax planning and tax accounting support and services.
The right tax agent will not only help you with your tax return, they will have the knowledge and experience to give you tax advice tailored to your unique situation and financial needs.
The level of expertise and the quality of tax advice may vary significantly between tax agents/tax accountants. It is important to understand what a difference the right tax agent/tax accountant can make to the future of your personal and business financial outcomes.
If you are looking for the right tax expert for you or your business, we are a team of diligent and results-focused tax experts in Sydney who can help you.
At KAA Australia we can provide tax help that can make a significant difference to you and your business.
Our proactive and strategic approach to your financial needs will save you a great deal of time and money instead of going through a process of trial and error with other tax accountants.
When it comes to your taxes and finances, you deserve the best quality advice in a timely and professional manner.
At KAA Australia our range of knowledge and expertise can help both individuals, and businesses with their tax returns, tax planning and tax structures.
Our friendly team of accountants and tax experts are happy to answer your questions and provide you with the best tax advice possible. We believe in delivering you the best results by providing you with high service standards.
If you are currently using a tax agent or business or financial advisor and you have doubts about the service and results that you are getting, then contact KAA Australia today on: (02) 9299 2555. We will take the time to listen and to offer tax help that will make a difference to your financial future.
Registered Tax Practitioner Notice
Taxation Law Consultants Pty Ltd trading as Kostas Augerinos & Associates is a registered tax agent with the Tax Practitioners Board (the TPB).
All registered tax agents and registered BAS agents (collectively referred to here as registered tax practitioners) must comply with the requirements of the Tax Agent Services Act 2009. As part of those obligations, we are required to make all current and prospective clients aware of the matters set out below.
Information about the TPB Register
The TPB is responsible for the registration and regulation of tax practitioners to ensure they comply with the requirements of the Tax Agent Services Act 2009.
The TPB maintains a public register that contains details of all tax agents and BAS agents that are currently registered with the TPB, including those whose registration has been suspended. The TPB Register also includes the names of certain unregistered entities and individuals. You can access the TPB Register via the TPB website at www.tpb.gov.au/public-register
You can search the TPB Register by entering the tax practitioner’s name or registration number. The TPB website also provides guidance on how to search the TPB Register, which is available at www.tpb.gov.au/help-using-tpb-register
Making a complaint to the TPB
If you have any concerns or issues in relation to the tax agent services provided by our firm please contact Mr Kostas Augerinos on (02) 9299 2555 or email info@kaaa.com.au. We will work with you to resolve these matters as quickly as possible.
The TPB also has a process for making a complaint about a tax agent service that has been provided by a registered tax practitioner. If you wish to make a complaint to the TPB about the tax agent services that we have provided (or that have been provided by another registered tax practitioner), you can do so via the TPB’s website using its online complaints form, which is available at myprofile.tpb.gov.au/complaints/
Further information about how to make a complaint to the TPB (including its complaints process) is available at www.tpb.gov.au/complaints
General information about rights, responsibilities and obligations
The Tax Agent Services Act 2009 includes the Code of Professional Conduct (the Code) which sets out the professional and ethical standards that registered tax practitioners must comply with.
As a registered tax practitioner, our obligations to clients under the Code include, but are not limited to, acting lawfully in their best interests, acting honestly and with integrity, having arrangements in place to manage any conflicts of interest, taking reasonable care to ensure the taxation laws are complied with and providing services in a competent and timely manner. Further information about the Code obligations is available on the TPB website at www.tpb.gov.au/code-professional-conduct
Under the taxation laws, clients also have obligations to their registered tax practitioner including, but not limited to, being truthful with the information they provide, keeping the required records and providing them (if required) on a timely basis, advising of any changes that may impact the tax agent services to be provided and being co-operative with their tax practitioner’s requests and meeting their due dates.
More information about the obligations of clients and registered tax practitioners is available on the TPB website at www.tpb.gov.au/obligations and in its factsheet, Information for Clients.
Prescribed events within the last five years
Registered tax practitioners are required to advise their clients if any of the following events have occurred within the last five years (but not before 1 July 2022):
- Their registration was suspended or terminated by the TPB.
- They were an undischarged bankrupt or went into external administration.
- They were convicted of a serious taxation offence.
- They were convicted of an offence involving fraud or dishonesty.
- They were serving, or were sentenced to, a term of imprisonment in Australia for six months or more.
- They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for being a promoter of a tax exploitation scheme.
- They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for implementing a scheme that has been promoted on the basis of conformity with a public ruling, private ruling or oral ruling in a way that is materially different from that described in the ruling.
- They were penalised, subject to an injunction, or been subject to an order for breaching a voluntary undertaking, for promoting on the basis of conformity with a public ruling, private ruling or oral ruling, a scheme that is materially different from that described in the ruling.
- The Federal Court has ordered them to pay a pecuniary penalty for contravening a civil penalty provision under the Tax Agent Services Act 2009.
Accordingly, we advise that none of the above events have occurred during the relevant period.
Registration subject to conditions
Registered tax practitioners are required to advise clients of any conditions currently imposed on the registration by the TPB. A ‘condition’ limits the scope of services they can provide.
We advise that there are no conditions currently imposed by the TPB on the firm’s registration.
Disclaimers:
The information provided by any calculator on the KAA Australia website is a guide only and is not a substitute for professional or financial advice.
You should seek financial or professional advice for a thorough analysis of your financial situation and objectives before making any decisions based on the information provided by a calculator.
Calculator links located on the KAA Australia website are associated to the ATO, Office of State Revenue and Loan Kit. These bodies are responsible for maintaining the calculators linked to our site. Please refer to each individual calculator to determine which body is responsible for maintaining and updating which calculator.
Each body has its own disclaimer linked to their respective calculators. If you need help using a specific calculator contact the relevant body.