29+ Years advising Australians
6,000+ Clients across the country
$2.5B Funds under advice
6 Offices nationally
Why a proactive accountant matters
Compliance is the floor.
Not the ceiling.
Business tax in Australia is genuinely complex. A company operating through a trust with employee arrangements, GST obligations, possibly payroll tax thresholds, fringe benefits and a business owner drawing a salary and distributions has tax obligations across multiple regimes simultaneously — and they interact. Getting any one of them wrong creates risk: ATO penalties, underpaid obligations that accrue interest, or overpaid tax that never needed to go. A proactive accountant doesn't just process what happened; they stay ahead of your obligations, flag issues before they become problems, and look for legitimate structures and timing decisions that reduce your total tax burden across the year.
AGS Accounting handles the full spectrum of business tax compliance. For companies and trusts, we prepare the annual income tax return with full understanding of the entity's structure and the transactions that occurred during the year. For businesses registered for GST, we manage BAS preparation and lodgement — quarterly or monthly — with accuracy and on time. Payroll tax obligations (which apply where your wages bill crosses state thresholds) and fringe benefits tax (which applies to non-cash benefits provided to employees or their associates) are areas where many smaller businesses are either over-paying or unaware of their obligations. We make sure you're meeting your requirements correctly and claiming every available exemption or concession.
For business owners, the personal and business tax situations are deeply intertwined. The salary you draw, the dividends or trust distributions you take, the superannuation contributions you make as an employer, the vehicle you run through the business — all of these have tax implications that need to be managed holistically. At AGS, our accounting team works directly with our financial planning team, which means your business tax strategy and your personal financial plan are developed together. For business owners who are also thinking about retirement, exit, or significant wealth accumulation, this integration is not a nice-to-have — it's essential to getting the outcomes right.
What we cover
Business tax areas we handle
Company & trust tax returns
Annual income tax return preparation for companies and discretionary trusts — covering all income, deductions, franking account management and intercompany transactions.
BAS & GST preparation
Accurate quarterly or monthly Business Activity Statement preparation and lodgement — GST reconciled to your accounts, PAYG withholding included, and lodged on time every time.
Payroll tax & FBT
Assessment of your payroll tax position across relevant state thresholds, and fringe benefits tax calculations for vehicles, loans and other non-cash employee benefits.
Tax planning for business owners
Pre-year-end planning conversations to optimise timing of income, deductions, distributions and owner remuneration — so the tax outcome for the year is managed, not just reported.
Structuring for tax efficiency
Reviewing whether your current business structure — company, trust, partnership or sole trader — remains appropriate for your tax position, asset protection needs and growth plans.
ATO correspondence & audits
Managing ATO reviews, audit correspondence and tax disputes on your behalf — preparing responses, gathering substantiation and representing your interests with the ATO.
Who this is for
You may need our business tax services if you are…
- Running a business through a company, trust or partnership and needing annual tax returns prepared accurately
- Wanting to reduce your business tax bill legitimately through planning and correct structuring
- Finding BAS lodgement time-consuming, stressful or prone to error without professional support
- Overdue for a review of your business structure to ensure it still suits your tax and asset protection position
- An owner-operator who wants both the business and personal tax handled by the same team
- Wanting your accountant and financial planner to work together on your overall tax and wealth position
Is your business tax working as hard as it should?
Book a conversation with AGS Accounting to review your business tax position, structure and compliance obligations.