Business Services

BOOKKEEPING

Whether it’s one day or five days a week, we’ll tailor our service to suit your needs. Benefit from professionals who understand a variety of industries and can offer advice for your unique needs.

Our Services

Accounts - Payable and Receivable
BAS - Monthly, Quarterly, Annually Statements
Expenses - Tracking
Single Touch Payroll - Phase 1, 2, 3
Payroll
Cash Flow Management
Cloud-Based

Outsourcing your bookkeeping will free up your time spent doing your books and bring you peace of mind knowing that Australian registered tax agents and qualified accountants are only a phone call away. SMART POLEMO bookkeepers deliver accurate, expert bookkeeping services for small to medium-sized businesses.

SOLE TRADER

You may run your business by yourself, but you don’t have to worry about your financial obligations on your own.

Our Services

Tax Accounting - SMART POLEMO Tax Accountants will help you with your business finances, from preparing statements, managing your tax obligations, and providing valuable financial and business growth advice. Our accountants can assist with income tax returns, and business performance providing you with reporting and strategy to cut costs and improve your financial position.
Bookkeeping - Business records need to be kept for 5 years. It’s imperative to make sure you’re legally compliant as well as to see your real-time cash position in order to make financial decisions. SMART POLEMO Tax Accountants use the latest accounting cloud software to make sure your records are in good order. We’ll set you up or use your ongoing platform.
Assistance - As a client of SMART POLEMO, you’ll have year-round support from your local consultant. We’ll help you stay organized and gear your business to make great financial decisions as well as advise ways to maximize your tax returns, as well as employ tactics for purchasing capital, depreciating equipment and assets, and reduce your overall tax liability by maximizing all of your claims.

Choosing the right accountant and bookkeeper for your business can help you maximize your business income. As a sole trader, you’ll need help managing the finances of your business, as well as your taxation obligations.

TRUST ACCOUNTING

Protect your business and family assets, minimize your tax and guard your wealth.

Professional advice is recommended when setting up the trust deed because it forms how the trust will operate. We'll advise the best way to manage your trust and minimize your tax obligations and liabilities.

Managed professionally, trusts may reduce higher tax rates to beneficiaries who are on a lower tax rate by distributing the income to all trustees. SMART POLEMO Accounting Professionals can help you set up a Tax File Number for lodging an annual tax return, and an ABN for the trust and register it for GST if the annual turnover for your trust is more than $75,000, or more than $150,000 for non-profit organizations.

PARTNERSHIP

Set up a solid partnership that will protect your business interest and manage your tax liability for years.

Each partner will need their own Tax File Number (TFN) and Australian Business Number (ABN). Partnerships can be formed with a verbal agreement or a written agreement, however, it is advisable to get a written agreement in instances of disputes and legal issues.

Partners are liable for the business's debts and liabilities and are also legally responsible for the actions and debts of the other partners. A partnership does not pay tax on its income, however, it is spread equally across all partners from which tax will be paid on their share of the business. Under a partnership, you’ll need to submit a tax return both for your business, and an individual return as a partner of the business, allowing you to separate business expenses and deductions from private expenses. Some deductions are not available to the partnership but may be claimed by the partners.

COMPANY

From BAS, GST, and PAYG to registrations, we help you set up and maintain the framework necessary to run a company.

Our experienced tax accountants will help you set up your company and advise your accounting, bookkeeping, and tax obligations. Already own your company and need help with compliance and financial management? Our tax accountants will work hand-in-hand with you to set up effective strategies to pave the way to success.