Small Business Accounting & Tax Packages

It is critical for your small business (A business with turnover of less than $2 million with less than 25 staff) to have a good understanding of your finances to know how profitable you are at any point in time. This enables you to make better business decisions, and plan in advance. At iXPress we understand the challenges that come with running a small business and have packaged a range of services to help you succeed.

At iXPress we work out a small business package for you from the start, so you know the services you receive and the price you pay, without any surprises.  Our small business package guarantees you are receiving value and achieving more.

Our team of accountants delivers results. We perform the same functions as larger firms at an up to 25% saving to you. That’s a lower cost of ownership, and better value for money.

You can take steps now for a better tomorrow. See which package best suits you.  

1. RELIABLE ACCOUNTING & TAX - COMPETITIVE FIXED PRICES PACKAGE

Small business (company/trading trust) compliance package - from $2500 (see note 1), $4000 (include bookkeeping)

The package includes:

➢ 4 BAS lodgement
➢ Year-end financial statements
➢ Year-end Company tax return
➢ Director’s personal tax return(s)
➢ 1 ASIC lodgement
➢ 2 hours figure review by accountant
Conditions see note 2

Small business (partnership) compliance package - from $1500

The package includes:

➢ Quarterly or annual Business Activity Statements (BAS)
➢ Partnership financial statement & tax return
➢ Partner’s Tax returns
➢ 2 hours review by accountant
Conditions see note 2

Small business (Sole Trader) compliance package - from $1000

The package includes:

➢ Quarterly or annual Business Activity Statements (BAS)
➢ Tax return (include employment income if applicable)
➢ 2 hours review by accountant
Conditions see note 2

Dormant company or Entity/Nil Retrun - $200

Bookkeeping Set Up & process - from $500 (see notes 3 & 5)

Self Managed Superfund - $2000 (see notes 4)

Company Entity Creation - $1100 (include ASIC charge of $444)

2. PROACTIVE MANAGEMENT PACKAGE - $5,000

Package 1 plus below items

➢ Annual budgets 12 month forward
➢ Quarterly financials
➢ Quarterly meeting in management accounting:
➢ Tax minimisation
➢ Unlimited business advisory

3. TOTAL FINANCIAL CONTROL PACAGE - FROM $10,000

All the above on a monthly basis.

4. XERO PACKAGE

See Xero Package Page

5. OTHERS

Business coaching - first visit free - fixed price quotation after that
Financial Planning - first visit free - we work with all lenders
Web Design & I.T. - Initial discussion free
Expenses Reduction - Initial discussion free
Marketing and lead generation - Initial discussion free

4. AD-HOC/ON REQUEST

Senor casual accounting consulting - $165 p/h (see note 4)
Bookkeeping - 50 p/h

NOTES

Note 1:  All price exclude 10% GST, all prices depends on the turnover, number of staff and the size of the business.
Note 2:  Does not include bookkeeping: accounts should be fully reconciled. If director owns shares and investment properties the individual return may require additional fees.  Depreciated schedule should be provided.  When applicable or requested by client we can assit with PAYG summary, FBT return, large depreciation shedule for a discounted fee.
Note 3: Software cost and license not included.
Note 4: 3 Assets revalued, P&L and Balance Sheet provided.  Earning split.  $165/hr to get it to that point with our firm if not. If this is required, we will always call prior to advise the estimated time needed and get your agreement first.
Note 5: If at client premises a flat fee of $80 per hour will be charged for travel time to and back from client premises to our office.  When included in package meeting will be capped to 60 minutes with client and total of 90 minites including both preparation and client meeting.

Tax-friendly new business

Setting up a business or buying one is a big decision. We can help you reap the full reward from your business by putting in place the tax structure that best meets your needs. It starts with a casual conversation so we can understand your goals, enabling us to recommend the most suitable structure for you. We help our clients to set up their company, as well as family trusts, unit trusts and super funds. 

Bookkeeping

• Bookkeeping & Reconciliations
• Accounts Payable
• Accounts Receivable
• Payroll processing