Late or Prior Year Tax Returns Australia
Do you have an overdue tax returns?
We can help you out by lodging any
outstanding prior year tax returns (2000-2022)
Late or Prior Year Returns (2000 -2022)
Book An Appointment Now!
We can give you professional guidance and help you minimise the risk by lodging a late tax return on your behalf.
You have an overdue tax return? It is not too late!
You may have been too busy, overseas, or found that it was just too complicated to lodge your tax return. If you have overdue prior year tax returns, you will need to catch up to where you need to be, otherwise things are just going to pile up more and more. RA Advisory can help you getting up to date with your tax returns to avoid any further penalties or legal action by ATO. Book an appointment now and we can give you professional guidance and help you minimise the risk by lodging a late tax return on your behalf.
RA Advisory is a Xero Certified Business Accounting & Taxation Experts in Australia
We are a XERO Gold Partner, so with us you’ll get expert help with the leading accounting software. Xero reduces office admin and makes all your financials more simple and efficient.
Finish your Tax Return (2000 – 2022)
We can help you complete any late tax returns from 2001 to 2021
Your return is completed by qualified accountants
We will lodge it to the ATO and follow it up if needed
You can put those tax returns behind you and let us take care of the details
Have you missed the tax deadline?
For Lodge Late or Prior Year Tax Returns and finish
all your overdue ATO obligation
Client Feedback
We work beyond annual tax returns
We love the challenge of tax time reporting, but we are more than that and our services go beyond the annual tax return.
We really take the time to refine the way you work and make sure your reporting allows you to make the best decisions to improve business performance, profitability, and value.
Monthly and quarterly reporting
- Budgeting
- Cash flow management and statements
- BAS/GST preparation and lodgement
- Company, partnership or trust tax return preparation and lodgement
- Tax planning services
- Business and superannuation tax advice
- New business start-up services
Book Free Consultation
If you have any types of query or anything that you are confused in, please feel free to book a consultation.
Contact Us
Ask Your Questions
If you have any types of query, please feel free to contact us
Don’t lose your sleep – We can help you deal with the ATO and keep your business moving with real-time reporting:
We believe that knowing your accounting information in real-time throughout the year is essential to your business’ success. We can help you regularly review your accounting reports and provide proactive advice rather than just delivering the after-the-event end of year financial reporting.
The best part about our business accounting and tax service is that we work with YOUR accounting system.
Expertise you can trust
Experienced, professional Melbourne accountants with industry leading qualifications and accreditations to show for it. Learn more from a specialised business accountants.
Book a FREE consultation now!
Simply enter your details to book your free 15 or 30-minute phone consultation at a time that suits you.
Download Your Free 20 Page Guide
10 Must Do Steps For A Financially Secure Future
Frequently asked questions
There are many software platforms on the market, all with their niches. We recommend using cloud-based software, and the market leader is Xero.
Xero ensures real time management of your books and gives you the information you need to run your business. You can work anywhere, anytime, and save time on books. It’s easy to collaborate with your bookkeeper and accountant, to grow your business.
Accountants do more than just prepare your tax returns and financial statements. We are strategic advisers who help you make the right decisions to grow your business. Choosing the right accountant is essential to any business owner achieving financial success.
Accountants for individuals are equally important as they provide you with the expertise on claiming the right deductions at tax time. With the ever increasing data matching and scrutiny from the ATO on individual tax payer deductions, a good accountant can ensure you claim the correct deductions.
You will never know how great an accountant in Kew is unless you ask the right questions. These five questions will help you narrow down to the best accounting firms in Kew & Melbourne Australia for your business.
- Who are your clients? – Presence of existing and previous clients speaks to the accountant’s experience.
- Are your accountants professionally qualified? – Always find out if you are dealing with a certified practising accountant in Kew. This and other accounting-related designations indicate that you are dealing with individuals or firms with high professional competence.
- How do you carry out your accounting services in Kew? – Make sure their accountant’s work styles conform to your existing systems.
- How will your financial services in Kew benefit me? – Have your potential top accounting firms in Kew explain their roles in improving your business through their various services.
- What are your rates – Charges vary from one accounting firm to another. Go for those with reasonable rates.
There are a lot of reasons why you should make use of bookkeeping services for small businesses and not the accounting software yourself.
First, without a complete understanding of the accounting software, you are more likely to make bookkeeping errors that could cause a lot of damage to your business. You might be familiar with accounting software, but you will be risking your business using it without professional help.
To add on to that, accounting tasks can be complex and will take up a lot of your time. This is where bookkeeping Services comes in, taking your accounting and tax matters as your focus on your business.
What’s better, you even have the option to use virtual bookkeeping services.
For individuals, the ways to minimise tax can be split into two categories:
1. Reduce your tax assessable income.
The most common way people do this is with salary sacrificing arrangements. If your employer allows salary sacrificing, you can use this to make additional contributions to super, pay for car or other expenses with your pre-tax income. This reduces your taxable income.
2. Increase your deductions.
The main way people do this is with work related deductions. If you can argue a nexus between your employed work and an expense you incur, you can usually claim a deduction for it. For example, you can keep a log book for work related travel and claim this expense.
Donations to registered charities are also fully deductible.
Individual tax rates are marginal and they increase dependant on the level of income you receive as a wage. The individual tax rates can be found on the ATO website.
Company tax rates have just been revised by the federal government in the 2017/2018 budget. Companies with less than $10 million in turnover will be considered a small business entity and will be eligible for a 28.5 per cent tax rate in the 2017 income tax year, and a reduced rate of 27.5 per cent in the 2018 income tax year and beyond. These rates go into more detail at the ATO website.
Insights
Our blog will help you understand the elements that matter most for business success.
Revised stage 3 tax cuts confirmed for 1 July
By Robin|2024-03-14T15:05:16+11:0014/03/2024|Categories: Latest Industry News|
How to take advantage of the 1 July super cap increase
By Robin|2024-03-14T15:02:36+11:0014/03/2024|Categories: Latest Industry News|
The ATO Debt Dilemma
By Robin|2024-03-14T15:02:08+11:0014/03/2024|Categories: Latest Industry News|
Send Us A Message
Maximise your returns with expert business accountants
Knowledge is the key to business success.
Sign up to read the latest news and insights.