We Offer Services ForBusiness Advice & ManagementBusiness Structures & SetupTax ReturnsGST & BASSelf-Managed Super Funds
We specialise in assisting small businesses to grow and look forward to taking the journey with you. Together, we can explore and discuss the appropriate balance of technology and personal service. We will learn more about where your business has been and where it is going into the future.
We can assist with providing advice on the most appropriate software for your bookkeeping needs. We will ensure that the software provides relevant reporting for the times when you need it.
We can set up your SMSF and explain how to operate compliantly in this complex area of tax legislation.
We want to be part of your team in order to foster an in-depth understanding of your business. This enables us to provide relevant and timely advice.
Whether it's preparation and lodgement of your BAS or advice on a complex GST transaction, we can give you the right advice.
While we still have many individual clients, our client base now includes many businesses (including partnerships, companies and trusts), which means we're uniquely equipped to deal with business-related taxation.
We take the time to explain the benefits of different structures so that you feel comfortable with your choices.
We believe tax planning is a vital part of business management, and we encourage all our clients to take advantage of this service.
At JAG Partners Accountants, we pride ourselves on two things: service and experience.
We prepare income tax returns for entities including sole traders, partnerships, trusts and companies.
We have the right training, expertise and software to manage all the accounting and taxation affairs for your SMSF.
The profit you have made on the sale of a rental property (or shares) is added onto your other income (such as your salary or bank account interest) and taxed at your marginal tax rate.
Remember, if you have held the property for more than 12 months, the ATO will give you a 50% discount on the profit you need to declare as income.
We use Xero, MYOB and Quickbooks, but prefer Xero. There are many different subscriptions available with Xero. We can help you choose the correct one and set up an account.
There are three factors you should consider when deciding whether to set up a SMSF.
Firstly, you really need around $200,000 in super to justify the fees and time involved in managing the SMSF. The second reason that would justify an SMSF would be if you want to invest in an asset that is not normally available through a retail/industry fund, such as commercial property for your business or shares in an unlisted company.
Finally, you may be a bit of a control freak and just want to exercise your full control over your superannuation; an SMSF can allow you to do that.
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Building 22, Garden City Office Park, 2404 Logan Road, Eight Mile Plains, Qld 4113
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