Tax Accountants Laverton

A tax accountant in Laverton offers a range of services to help individuals and businesses stay compliant and financially healthy. At MaxMargin Accountants, our services include:

• Individual and business tax return preparation and lodgement
• BAS and GST preparation for businesses registered for GST
• Business accounting, bookkeeping, and financial statements
• Payroll processing
• Strategic tax planning and business advisory services

Whether you are an employee, a sole trader, or a company director, working with a registered local accountant ensures your obligations are met and your financial position is optimised.

The cost varies depending on the complexity of your situation and the services required. Key factors that influence pricing include:

• Whether you are an individual, sole trader, or company
• The number of income sources and deductions involved
• The level of bookkeeping or record-keeping support needed
• Whether prior year returns or catch-up work is required
• The scope of ongoing advisory or business accounting services

At MaxMargin Accountants, we provide transparent, upfront pricing so there are no surprises. Book a consultation so we can assess your needs and provide a clear quote tailored to your circumstances.

The Australian tax year runs from 1 July to 30 June. If you lodge your own return, the standard deadline is 31 October. Registered tax agents can access extended lodgement dates, often into the following year. Company and trust returns follow specific lodgement schedules, and BAS deadlines vary based on your reporting cycle. Penalties may apply for late or incorrect lodgements, so our team monitors all deadlines to ensure you are never caught out.

Keeping accurate records is essential for maximising your tax return and staying compliant with the ATO. You should maintain income statements, payment summaries, and bank statements alongside receipts for work-related deductions and business expenses. A logbook is required for any work-related vehicle use. Investment records, rental income documents, superannuation statements, and private health insurance details should also be on file. Records should generally be kept for a minimum of five years, and our team can advise you on exactly what to retain for your specific situation.

If your business is registered for GST, you are required to lodge Business Activity Statements with the ATO on a monthly or quarterly basis. Using a registered BAS agent offers several advantages:

• Registered agents have access to extended lodgement deadlines
• Professional preparation reduces the risk of errors and penalties
• Agents can represent you if the ATO raises a query
• GST, PAYG, and other obligations are correctly reported
• Expert review helps identify overpaid GST and other recoverable amounts

MaxMargin Accountants is a registered BAS agent. Our team manages BAS lodgements for businesses of all sizes across Laverton and the surrounding western suburbs.

Tax planning is most effective when done proactively throughout the year rather than at year-end. Our team meets with clients during the last quarter of each financial year to assess options and opportunities to reduce tax liability. A strategic tax plan might involve reviewing your business structure, timing asset purchases to maximise deductions, and using superannuation contributions as a tax reduction strategy. The difference between reactive and proactive tax management can be significant in dollar terms.

Choosing the right business structure is one of the most consequential decisions you can make as a business owner. The most common structures in Australia include:

• Sole trader: simple and cost-effective for those starting out
• Partnership: shared ownership with defined profit and liability arrangements
• Limited partnership: combines general and limited liability partners
• Company: may offer tax advantages and greater asset protection as revenue grows
• Trust: useful for asset protection and income distribution

We recommend discussing your options with us before registering a new business entity, as restructuring later can be complex and costly.

ATO compliance covers income tax lodgements, BAS reporting, superannuation guarantee payments, payroll tax, and record-keeping requirements. Non-compliance can result in penalties, interest charges, and in serious cases, audits. At MaxMargin Accountants, we help Laverton clients stay compliant by managing all lodgement deadlines, ensuring accuracy in every submission, and keeping up to date with changes to tax legislation. If the ATO contacts you with a query or review, having a registered tax agent in your corner means you have professional representation and support from the start.

Property investment creates a specific set of tax obligations and opportunities that require careful management. Eligible deductions include:

• Property management fees, council rates, repairs, and maintenance
• Depreciation on assets and the building itself
• Borrowing costs such as loan establishment fees, spread over five years
• Capital gains tax considerations when selling
• Impact of ownership structure on the overall tax outcome

Note: negative gearing rules for established residential properties acquired after 12 May 2026 have changed. Our team advises clients across Laverton, Williams Landing, Point Cook, and Tarneit on their specific position to ensure their tax return is fully optimised and ATO-compliant.

A professional accountant does more than report on what has already happened. They help you understand your numbers, forecast your future cash position, and make informed decisions about spending, hiring, and investment. At MaxMargin Accountants, our business advisory clients receive regular reporting and review sessions designed to keep their finances on track. Whether you are negotiating finance, planning a new hire, or considering a capital purchase, we provide the financial insight to support confident, well-informed decisions.

A BAS agent is authorised to prepare and lodge Business Activity Statements covering GST and PAYG, but cannot prepare income tax returns. A tax agent is registered with the Tax Practitioners Board and legally authorised to prepare and lodge income tax returns, provide tax advice, and represent you before the ATO. Our team at MaxMargin Accountants holds registrations as both tax agents and CPAs, so we cover the full scope of your compliance and advisory needs in one place.