Accounting & Taxation
We manage your business tax and accounting so you can spend more time in your business.
There are so many things you have to consider when running or growing a small to medium business around taxation and accounting, it can be overwhelming.
We specialise in helping solve complex problems with simple personalised solutions. Getting the right systems and processes set up can help you maximise profits, minimise tax and grow your business much faster.
Business Accounting & Taxation Services
We manage your business tax and accounting so you can spend more time in your business.
We specialise in helping solve complex problems with simple personalised solutions. Getting the right systems and processes set up can help you maximise profits, minimise tax and grow your business much faster.
- Strategic Tax Planning and Preparation
- Accurate Financial Reporting
- Efficient Bookkeeping
- Regulatory Compliance
- Financial Analysis and Advisory
- Customized Accounting Solutions
Business Tax Compliance
Make sure your business is compliant with all accounting, taxation, ASIC and other regulatory requirements.
We attend to all accounting and taxation requirements with the ATO including:
- Prepare and submit all your income tax returns
- Preparation of Financial statements
- Setup corporate structures for asset protection
- Monitor your cash flow, budgeting and profits
- Fringe benefits tax
- Payroll services
- Prepare all BAS and financial statements
- Arrange PAYG withholding and lodge payroll tax returns
- Ensure you’re compliant with key ASIC regulations
- Advise you on the best accounting systems and help you set them up.
SMSF
A self-managed super fund (SMSF) gives you full responsibility for the performance and management of your superannuation. While this may sound like an appealing option, there are pitfalls to watch out for, so it’s in your best interest to get good advice in setting up a SMSF.
Existing Funds
If you already have a SMSF, we can assist with the administration and taxation requirements. All SMSF’s need to be audited annually and due to the recent changes in Audit Independence for SMSFs, we can organize this with one of the audit firms we believe will do it professionally for you.
Setting Up A New SMSF
If you are looking to set up a SMSF, you need to get advice as to whether this is right for you. Our external Financial Planners can assist you with this or with a full review of your superannuation and investment requirements.
A SMSF allows you to:
- Choose the assets you invest in
- Modify your assets when necessary
- Monitor their performance
Bookkeeping & Payroll
Managing your books and payroll can be time-consuming and complex. Let us take the burden off your shoulders with our comprehensive services.
Our team ensures accurate and timely bookkeeping, giving you a clear financial picture of your business. We handle all aspects of payroll, from calculations to compliance, so you can focus on what matters most – growing your business.
- Accurate Financial Records
- Payroll Processing
- Regulatory Compliance
- BAS and IAS Preparation
- Employee Record Management
- Customizable Payroll Solutions
Personal Accounting
RCR Financial Group accounting in Melbourne’s northern and eastern suburbs helps individuals manage their personal tax returns, finances and achieve their financial goals.
We can also help you with financial planning, wealth creation and management, and information on insurance through our external financial advisors.
- Self-Managed Super Funds
- Financial Planning
- Lending and Finance
- Investments
What our clients say
“We are a US company in the Gas and Oil Industry with international offices. Last year we were looking to set-up business in Melbourne, Australia and engaged the company as firstly our business advisor and now as accountants for our Australian operations. Ian Dong advised and helped us set-up our company business structure here and assisted us in the smooth transition of our business into the country. It was a long process but they assisted us in all facets of the business set-up process including assisting in the leasing of our business premises, attending to all compliance matters and setting myself up as a representative of our company.
Ian has always been very service focused and responded promptly to anything we needed or advised us in the right direction. I have no hesitation in recommending Ian and the company to any business looking for a high level accountant and business services. Their expertise in tax, business and accounting is invaluable.”
“We have now been a client for 28 years. After initially handling all of our personal taxation matters, they took on the much wider role of advising us on all aspects of both our private finances and the operation of our distribution company, Ireland Needlecraft, and more recently Handeze Australia.
We have at all times received a level of professional service which has been second-to-none and it would not be overstating it to say that they have been far more than our accountant. In their role as a business advisor they have played a huge part in the success of our businesses and in ensuring our financial wellbeing for the future."
"Tax, BAS, business advice and strategies, SMSF and all of our accounting needs both personally and across our businesses, these guys have it covered.
Actually they have us covered. We are very thankful of their continuing help and always being at the end of a phone or email whenever we have questions"
“The company has been our accountants for nearly eight years. Although we are based in Regional Victoria we have always received prompt professional service and been able to contact them whenever I have needed them for taxation and business advice.
They have assisted me over the years as I grew my business including providing valuable business advice on different areas of my business. I know I can depend on them for the right advice. Sharon and Ian have assisted me in many ways over the years. I have recently been introduced to their Xero cloud accounting solution which reduces my bookkeeping time and effort substantially so it allows me to concentrate more on my businesses.
I would recommend them to any business especially in the restaurant and hospitality industry as they understand my business and have a wealth of experience in this industry. I see them as my long term business partner not just my accountant."
Ready to get started?
Contact us for a no-obligation consultation to discuss how our expert accounting and advisory services can support and enhance your financial strategy.