CHARTERED ACCOUNTANTS & ADVISORS

t: +61 2 9299 1188
f: +61 2 9299 1155
e: admin@jirschreilly.com.au

Regular Services

Jirsch Reilly Tang is a multi-skilled firm offering a wide range of services to businesses and individuals.

Business Set-ups and Wind-ups

Choosing a correct structure for your new business is extremely important and needs to be fully discussed with a professional who systematically can explain to you the pros and cons of different structures that can be used. We not only provide this essential advice, but can also provide you with a quote for the new business set-up costs as well as the costs of ongoing accounting and tax services needed.

Taxation

Like many developed countries, Australia operates with a highly developed and complex tax regime with increasing risk for "getting it wrong" and being detected by the ATO (Australian Taxation Office) which can often result in an expensive outcome for the taxpayer.

Our firm deals with all aspects of tax compliance and advisory in Australia, and we advise on, and attend to, the compliance requirements of the following Federal (Australia-wide) taxes :

  • Income Tax
  • FBT (fringe benefits tax)
  • CGT (capital gains tax)
  • GST (goods and services tax)
  • PAYG (pay as you go) installment and withholding taxes
 

as well as common State taxes such as payroll tax, land tax, and stamp duties.

These requirements include advising and/or preparing and lodging the various returns electronically and ensuring our clients are aware of lodgment and payment deadlines.

More importantly, when it comes to entering an important and major transaction for our clients, especially when there is a purchase or sale of a business, we're there to ensure, working with your legal advisor, that you will have the correct GST and CGT outcomes, and in the process, save often tens, or in some cases, hundreds of thousands of dollars.

Audit

Provide access to a registered company auditor that provides the following services :

  • Solicitor & Real Estate Trust account audits.
  • Self-managed superannuation fund audits
  • Not for profit organisation audits.
  • Private company audits.
  • Internal control reviews.
  • Due diligence engagements
 

Management and Financial Reporting

Commonly, small to medium enterprises lack the resources and capabilities to produce internal management and financial reporting for the business owners on a regular, accurate and consistent basis. Jirsch Reilly Tang's accounting and reporting skills and experience are well suited to cater for this requirement and are provided on an extremely competitive basis, especially for larger corporations.

We provide these services for both local and international companies and businesses.

Local

Examples of reporting provided:

  • Cash flow forecasts (for owners and bankers)
  • Budgets
  • Asset management and depreciation schedules
  • Monthly and quarterly financials - presented in a concise and informative manner
  • Annual financial reports
 

International

Examples of reporting provided:

  • Excel-modelled reporting for consolidation purposes (e.g. COGNOS, SAP, etc).
  • Reconciliation of inter-company accounts in dual currencies.
  • Synchronisation of local Chart of Accounts to those of the parent company.
 

Superannuation Fund Services for Self-Managed Super Funds

Preparation of SMSF annual financial statements & lodgement of tax returns.

Maintain compliance records as required.

Provicde access to licensed superannuation advisers regarding SMSF set up & specific advice.

 

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