Tax & AccountingTax & Accounting

You’ve worked hard for your money, make sure it works hard for you

You probably work 45 plus hours a week to provide for you and your family. Making sure you are making the right decisions with your hard-earned money should be one of your highest priorities.
B&M Financial can assist you to keep track of all financial transactions and movements, while also allowing you to monitor the performance of your business and investments, to see whether you are achieving your goals and objectives. Helping you manage your taxation, so that you do not pay more tax than you need to is one of our primary objectives.

We are across all current legislation and practices

Legislation around business practices and tax laws can change. At B&M Financial, we ensure our accountants and advisors stay up to date with all current legislation and practices, giving you the ultimate peace of mind with our personal and business financial statements, taxation management, bookkeeping and ASIC corporate compliance services.

We use the latest technology to ensure efficiency and accuracy

As technology evolves, B&M Financial evolve with it. We use the latest technology and software available which means any of your details are stored securely and your records are prepared with accuracy and attention to detail.

Contact our Gold Coast office for more information

If you would like to learn more about our tax and accounting services and how we can help you get the most out of your money, contact us to speak with our knowledgeable accountants and advisors.

B&M Financial can help you keep track of your business and assets and their performance, to make sure that all details are accurately recorded on a timely basis. Our team of accounting staff are highly qualified and up to date with current legislation and practices. Using the latest technology and software they will ensure, that your accounting records are efficiently and effectively prepared, to allow you to understand and gauge your investments and their achievements throughout the year.

The reality is that 90% of the population don’t regularly look at what they spend their hard earned money on. Some have never looked at it!

We are big believers that you should run a personal income & expenses and assets & liabilities on your household. That way you can see whether you are saving or living beyond your means. When we show people how to do this they are shocked on where their money goes and they quickly realise things need to change.

If you need a hand, let our team know and we can help set it up and get it started, we will then check in from time to time and review annually to make sure you are on track to achieve your goals and objectives.

"Joe has been instrumental in the growth and structure of our existing Child Care Centers, he has been with us every step of the way from bookkeeping, tax planning and general compliance will all the government departments. The next phase of our wealth accumulation has seen Joe structure our superfunds, so we can own our commercial Child Care premises which means we will be paying rent to our superfunds to own the premises in the long term."

PHIL

Financial Statements – Personal & Business

B&M Financials’ qualified accounting staff are experienced in a range of taxation matters, to allow you to comply with the requirements of the ATO but not paying more tax than you need to.

We can assist you with the preparation of income tax returns (for companies, trusts, self-managed superannuation funds, partnerships and individuals) business activity statements and compilation of financial and other information required to comply with requirements of the ATO, lodging directly on your behalf, accurately and on-time to avoid penalties and fines.

"I was lost in relation to my tax situation when I met Joe through my business partner. My previous accountant just didn’t explain it to me so I could understand it. For the first time in my life I feel like I’m in control of my business and my tax and I can just concentrate on what I love doing. If I have a question I just ask and get a response immediately that I can understand. Its EPIC!"

ELKE

Tax Return – Personal & Business

B&M Financial can help you manage your taxation issues, to ensure you both comply with tax legislation as well as capitalise on taxation benefits available to you. Taxation is a complex area of legislation however managing tax issues can have a significant impact on financial outcomes. Our tax and accounting experts will help to make sure your affairs, assets, investments and income streams are structured in the most tax-effective manner possible.

As business owners we know the importance of knowing what’s coming and what’s going out on a regular basis. This needs to be at the start of each month, not the end of the financial year.

We want to be able to implement strategies based on real time data not historical data.

This means you can make better decisions in your business, be less reactive for BAS, Tax planning and spending.

We have been using Xero software since its launch in Australia back in 2009 and we use it for both business and personal financial reporting. We use various Apps that talk to Xero to make our clients lives easier and for B&M to be able to respond and advise in real time with up to the minute live data. This has changed our clients lives for the better in making their record keeping simple, so they can get on with what’s important and that’s running their businesses and concentrating on what makes them money.

We know corporate compliance isn’t sexy. But it is important that you are on top of it to protect you and your assets that you spend long hours building.

B&M Financials’ qualified and experienced staff attend to all ASIC and Corporations Act requirements relating to trading companies and corporate trustees of SMSFs.

Our services ensure companies comply with legal and statutory requirements, including updating ASIC of changes to company details (such as addresses, officeholders, shareholdings), review Annual Company Statements and attending to formal requirements required under the Corporations Act (such as minutes, notices and resolutions).

"I have been working with Joe for over 8 years now with my clients. We work well together for the long-term benefit of the client, with myself managing the day to day operational and management accounting, including BAS review and delivering real time financial reporting for each of their businesses. Joe and his team manage the tax compliance, lodgement and tax planning for my clients, including long term tax and super strategies. The team’s attention to detail makes sure we keep the ATO at arm’s length with all our tax related matters. Joe and I meet regularly with Clients, Joe acting as ‘Chair’ of each advisory board."

ANDREW

Taxation Management from a Management Accountant

Testimonial

“I was lost in relation to my tax situation when I met Joe through my business partner. My previous accountant just didn’t explain it to me so I could understand it. For the first time in my life I feel like I’m in control of my business and my tax and I can just concentrate on what I love doing. If I have a question I just ask and get a response immediately that I can understand. Its EPIC! ”

Elke