Welcome to Carolyn Taylor & Co
Taxation and Accounting Services and Business Consultants
Carolyn Taylor & Co
Carolyn Taylor & Co was established in 2006 after recognising a need for a more personalised accounting service. We are committed to helping small business and individuals achieve growth and remain in control of their taxation and financial affairs. We work with many varied professions and industries across a wide range of sectors in Australia.
We are a boutique accounting practice that prides itself on delivering exceptional service in an easy to understand manner. We have grown considerably thanks to our client referrals. The practice has been built on a personalised client focused approach as reflected in our long term relationships.
If you are looking to change accountants, we can ensure a smooth transition with no loss of accounting data.
What We Do
We have clients from all trades, professional services, individual investors and industries also extensive experience in both small and medium businesses. Our team has over 20 years expertise in assisting businesses achieve both business and personal goals.
Our Specialised Taxation Services include:
- We provide advice on tax planning that do everything legally possible to minimise your tax
- We can help grow your business and improve your profitability and cash flow
- We can advise on the right business structure and help ensure your assets are protected
- We offer regular meetings with you so that you can review your finances and bounce any business ideas off a knowledgeable sounding board.
Services
Individuals
- Income Tax Return Preparation
- Tax planning
- Tax File Number applications
- Business Registrations
- GST advice
- Preparation of Business Activity Statements
- Preparation of Instalment Activity Statements
- Salary Packaging and Employment Agreement Advice
- Business Structuring
- Asset protection
Business Services
- Advice on the correct business structure be it Partnership, Trust or Company
- Business Setup
- Bookkeeping Services including cloud computer packages
- Preparation Taxation Returns for all entities
- GST advice
- Preparation of Business Activity Statements
- Preparation of Instalment Activity Statements
- Budgets, projections and cashflows
- Preparation Financial Reports
- Corporate Secretarial Services
- Business structuring and Asset Protection
- Management Advice
Superannuation and Estate Planning
- Setting up Superannuation Fund
- Preparation Taxation Returns
- Preparation of Financial statements
- Assistance with arranging the auditing of the superannuation fund
- SMSF administration
- Contribution advice
- Advice on estate planning, wills and testamentary Trusts
- Preparation of Deceased Estate Taxation Returns
- Preparation of Testamentary Trust Returns
- Preparation of Testamentary Trust Financial reports
- Assistance with trustee obligations in deceased estate matters
Tax Consultancy
- Capital Gains Tax Advice
- Business Succession Planning
- GST
- Payroll
- Fringe Benefits Tax
- Stamp Duty Advice
- Employment Agreements, Salary Packaging
- Advice on working overseas
FAQ
Here are the answers to some of our most asked questions. If you have any other enquiries, please feel from to contact us and we will be in touch to discuss your needs.
What items are tax deductible?
This is one of the most common questions asked by both individuals and business owners.
There is no one answer to this question and it depends on your industry and business structure.
We will be able to quite you though in the right direction and ensure you are claiming every possible deduction you are entitled.
I am thinking of setting up a new business, can you help me?
We sure can!
We are very passionate about small business owners. As they say “find something you love doing and you will never work a day in your life”.
We will guide you through the whole process from the start and advise you of all your obligations as a small business owner.
Do I have to be registered for GST?
A business is only required to be registered for GST when their annual turnover exceeds $75,000 per annum.
Once registered for GST you add 10% GST to all of the invoices that you issue to customers, you get to claim the GST on your expenses and you are then required to complete Business Activity Statements (BAS) monthly or quarterly.
I currently have an accountant that I have been with for many years, I am not happy with the service but do not know how to change?
Please call our office to discuss further.
We can discuss you needs and see if we might be able to offer you a service you feel you are currently not receiving.
I really don't like doing book work!
No problem, we have a team of bookkeepers that we can match to your needs. Whether you require bookkeeping weekly, monthly or an hour a quarter we will have one to suit your needs.
Associations
- Member IPA – publicaccountants.org.au
- Member CPA – cpaustralia.com.au
- Member NTAA – ntaa.com.au
