ATP Accounting believes in becoming an integral part of our clients business and personal financial strategies in order to achieve their financial goals.
Our mission is to provide outstanding accounting, taxation and business advisory services to our clients, helping them to grow their business, achieve greater profits, enjoy greater wealth, while maintaining steady cash flow and protecting their hard-earned assets.
Our proactive and committed team of highly trained professionals will provide you with personalised, practical and well structured systems to position you at the cutting edge of business growth and personal wealth creation.
We cater for businesses and individuals that care to plan and succeed in their wealth management and achieving their path to greater financial freedom.
ATP Accounting knows what it takes to run a successful business. They will position you at the cutting edge of business growth.
Take the step and get help to grow your business, minimise tax and protect your hard-earned assets.
Call us today on (02) 9580 2922, send us an email to email@example.com or send us a message here.
The Coalition resuming power in the 2016 Federal election has created a number of challenges for SMSF trustees, who now have to deal with the super reforms unveiled in the 2016 Federal Budget. While the changes do not come into effect until 1 July 2017, and some may be modified before this date, preparing for them is the challenge confronting trustees. The first changes are those to the concessional and non-concessional contribution rules. For concessional contributions, the annual contribution limit for this year is $30,000 for those under the age 49, or $35,000 for those aged 49 or more. From […]
Also to read
Changes to the taxation of employee share schemes
Posted on July 13, 2015 by editor
Changes to the tax treatment of employee share schemes, which took effect on 1 July 2015, means employees can now share in and gain from the future growth and success of a business. The changes allow employees, who are issued with share options, to defer paying tax until they are able to grasp a benefit from the options. The new 15-year tax deferral period gives employees enough time to cash in their shares and options while removing the risk of paying an unfunded tax liability. This was a reoccurring issue when the maximum period of tax deferral was seven years. […]
The ATO is warning taxpayers of aggressive tax planning strategies will attract a significant amount of scrutiny. A number of specific strategies have been flagged as aggressive in a video named ‘Tax Tricks That Will Get You In Trouble’. When it comes to tax avoidance schemes, it is not uncommon for individuals to be duped by a fraudulent investment opportunity or given bad advice from an unqualified financial planner. The advice that the ATO give is fairly straightforward: if a tax planning strategy seems too good to be true then it probably is. This is also advice that should be […]
The ATO has recently advised taxpayers to seek a second opinion on before entering into any tax avoidance schemes. According to the ATO tax avoidance schemes are designed to appear legitimate, even to savvy investors. In particular taxpayers should be wary of complex financing schemes that rely heavily upon round robin financing schemes and non-recourse loans. Essentially, if the scheme involves reducing you’re your taxable income by declaring deductions that you are not entitled to, it is likely to be illegal. If a provider tries to dissuade you from telling people about the scheme, or discourages you from seeking a […]
Refund fraud occurs where tax returns, activity statements and other documents are deliberately falsified in order to claim a tax refund a taxpayer is not entitled to. Fraudulent claims can be lodged by individuals on their own account or third parties on behalf of others. Often, this can involve identity crime, where taxpayer identities are used by third parties to make fraudulent claims for personal gain. Some examples of refund fraud are deliberately over-claiming deductions, offsets, or expenses by providing false or misleading information, understating income and/or providing fictitious payment summary details, providing false information in a business activity statement […]