“Jeremy is proactive, we hear from him regularly, he reminds us about important dates/requirements regularly, and he keeps us accountable. We know that everything we discuss is confidential and he has our best interests in mind. Plus, he’s like an encyclopaedia about tax (and if he doesn’t know he will find out).”
“JTW Accountants has allowed us to achieve ALL our business and personal goals by providing the right advice and ensuring we are aware of all compliance matters when making these decisions. With JTW, we have peace of mind, knowing that we are in good hands. His response time is also second to none!”
“The experience we’ve had with JTW Accountants doesn’t even come close to any other accountant we’ve worked with. Since working with Jeremy, we’re a lot more confident. We thought we were on the right track financially; however, Jeremy provided us with deep and meaningful insights into both our current position and potential options for future planning. We’re also more on track with goals and targets – Jeremy’s phenomenally detailed (yet easily understood) advice has been critical for decision making and future planning.”
“We wanted an accountant that was part of our team, not just someone we called when tax time comes. Jeremy has been very involved in our business from the beginning – he established our structure, assisted with the property purchase, and attended our opening evening. Since then, we have regularly made changes based on advice from Jeremy, as new products are developed and government policies change.”
As a result, their total tax savings was around $130K.
This client operates a large recycling facility in the Gladstone region. They’d had a successful year in 2020, but paid the ATO $242K in income tax while working with a different accountant who didn’t do tax planning.
After a year of big changes in their business (and more changes to come), they were looking for a more proactive accountant that would support them with timely advice ahead of major business decisions.
We began supporting this client in early 2021. Our top priority was ensuring we did tax planning before end of financial year.
After reviewing their situation, we saw an opportunity to take advantage of some key tax legislation — namely, the Full Expensing/Instant Asset Write Off change and Loss Carry Back measures.
Based on equipment purchases the client had made in the 2021 financial year, we were able to:
This gave them a total tax refund of $278K.
As a result, this client was able to reinvest this money and purchase new assets and equipment to further grow their business operations.
This Canberra-based client operates in the cyber security space and holds a number of large government contracts. Their previous accountant who had set up the business in late 2019 wasn’t lodging activity statements on time or responding to phone calls and emails.
By March 2020, it became clear they’d need an accountant that would keep up with the constantly shifting environment. So, they came onboard with JTW Accountants in April 2020.
Unfortunately, this client had not received the Cashflow Boost — a mostly automatic process that should have happened after lodging the March 2020 quarter BAS. So, our major focus was on chasing these funds.
After numerous phone calls and correspondence with the ATO that culminated in lodging an official complaint in June 2020, we got the issue reviewed. We found that because the previous accountant had lodged the BAS 13 days late (and therefore no business income was reported prior to 12 March 2020), the government deemed our client ineligible.
Just before Christmas 2020, the Inspector General of Taxation released a report on the Administration of JobKeeper and Boosting Cashflow Measures (which discussed the criteria our client was deemed ineligible on).
After reading through this report in January 2021 and presenting a detailed analysis to our client, recommending that we demand an ATO review into the decision. The client agreed, kicking off the following timeline of events:
As a result, our client received $99,600 in tax-free money.
It took 12 months of fighting the ATO and bloody hard work… but in the end, it was all worth it. And we live to fight the ATO another day!
This covers all the advice and paperwork you need to get your structure set up. Plus, we always include a physical register (a real document you can touch!), a bank account kit, and all ATO registrations.
We can provide an estimate for one-off consulting, accounting support, or business advice.
Base package includes Annual Financial Statements and Tax Returns, Tax Planning, and Annual Company Secretarial Services. Plus expert advice and support tailored to your business throughout the year.
All prices shown are in AUD and include GST.
We’re always clear about what we deliver and are upfront about any associated fees. No surprises here!
We offer this package to clients who may benefit from an ongoing engagement. Individual services are tailored to your needs, but will generally include:
The total cost for your annual service package is broken down into predictable monthly payment plans, making it cashflow friendly and perfect for small businesses.
