Accounting Services

Accounting Services

Business Services

With over 20 years of tax experience, Lucas Business Accountants provide an efficient and accurate accounting services for all your business needs.

We offer you year round support with comprehensive accounting services specifically designed to match your unique situation. Life isn’t one size fits all and your accounting shouldn’t be either.

Our Business Services include:

  • Tax effective business structures that save money in tax and protect assets.
  • Tax planning and budgeting so that business has no nasty tax obligation surprises effecting its cash flow.
  • LBA provides expertise advise for business operators to transition to retirement in the most tax effective manner. Usually without paying any tax whatso ever
  • BAS preparation and lodgement or training operators to complete their own BASs.
  • Bookkeeping advice and training.
  • Company, Trust, Partnership and Sole Trader tax returns.
  • All financial statements for the above.
  • Management and finance/mortgage application accounts and financial statements.
  • Business management advice and planning.
  • Inspection, advice, valuation and calculations when buying or selling a business.
  • SMSF tax returns and financial statements with expertise advice in maximising the advantages of SMSF in regard to commercial and residential property investment within the business environment.

Tax Minimisation – refers to the use of effective tax structures to operate the business through which in itself reduces tax where the structure is used to its full potential. For example Discretionary Trusts used to distribute business profits effectively to reduce tax. SMSF opportunities to utilise the lower tax rate in relation to leasing commercial business property. Simpler matters like replacing business assets in a timely manner to impact on aggressive tax scenarios.

Business Management – working with business owners to expand their business with the use of financing either cash flow, stock growth or asset purchases in order to bolster the businesses earning capacity with the gaol of wealthy creation in mind.

Also working with business owners to be sure that the business is operating as efficiently as possible examining stock holding, billing cycles to increase income, filtering out non productive assets or staff, cutting costs where available are some of the strategic advice offered by LBA. All tailored with wealth creation in mind.

Individual Services

At Lucas Business Accountants, we are committed to simplifying the tax procedure for our clients. We believe that by doing so, we can help receive the maximum tax refund to which they are entitled. We understand the importance of getting your tax return filed in a timely manner, and we are here to help you do just that.

We understand that preparing for tax season can be a stressful time, so we offer our clients year-round support. With our years of experience and knowledge of the tax system, we can help you maximise your tax refund and minimise your tax liability.

Our personal tax services include:

  • Individual wage earner tax returns with a view to claiming every work related deduction possible to maximise tax refunds.
  • SMSF tax returns and financial statements with expertise advice in maximising the advantages of SMSF in regard to commercial and residential property investment.
  • Residential and commercial rental property advice and statements.