Basic Company or Trust Income Tax Return

Taxopia is the Home of Cheap Company Tax Return Online

Are you looking for cheap company or trust tax returns? Taxopia is a professional but affordable solution to comply with annual business tax and accounting lodgements!

Taxopia is Australian owned and based in Melbourne. We use state of the art solutions to ensure your sensitive company or trust tax information are kept safe and confidential. We minimise other costs through streamlined work procedures allowing us to provide you with cheap company tax returns. Rest assured, at Taxopia cheap does not equate to low service or less qualified business tax accountants.

We can complete and lodge all of your annual business accounting and business tax return reporting, and even offer quarterly BAS solutions as well. Our extensive expertise allows us to provide more complex business tax advice for your company or trust if required.

Click here or scroll down the page to learn more about companies and trusts.

Basic Company or Trust Income Tax Return

Welcome to Taxopia’s Basic Company or Trust Tax Returns ($425+ GST)

Includes Tax Return Prepared & Lodged
We act as your Tax Agent so you may be eligible for tax extensions
Business size & record keeping criteria apply*

* Conditions. Please take note the Basic pricing excludes the following items:

Excludes Capital Gains Tax events.
Excludes Companies or Trusts who hold property or share portfolios.
Excludes Companies who have Director(s) or Shareholder(s) loans owing to the company. (Division 7a)
Excludes Companies or Trusts who has carry forward losses in excess of $100,000.
Excludes us preparing depreciation schedules and calculation.
Under this package, we do not accept summarised excel spreadsheets, unless your company turnover is below $30,000 per year. Financial data must come from an Accounting platform where either you can grant us access to generate the reports from, or you create the reports yourself and send them through to us.
A bookkeeping fee of $85/hour may apply if you do not have your financial reports handy for submission or you have no software which we can generate reports from.
Trust Distribution Minutes – $180 + GST
Family Trust Election – $100 + GST

If you do not qualify for this option, you will need to consider our Standard Company or Trust Income Tax Return ($850+ GST) option.

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Basic Company or Trust Income Tax Return

Fill out the form to view package details and begin your tax return process with our expert team. Quick, simple, and stress-free.

Taxopia | Online Company Tax Returns

4.9

Based on 76 reviews

review us on

Fiona Hale

02:30 07 Mar 25

Quick to get done, easy to work with, questions asked, happy with service

Christo Louw

06:28 09 Feb 25

Very helpful and delivered in time, meeting my expectations to do the right thing promptly.

Mentone Pony Club

22:41 27 Jan 25

Tanya Pollock

22:55 23 Jan 25

Quick and easy company tax return at affordable rates. Very knowlegable, I will be using again next year.

Alan Dagg

06:13 20 Jan 25

Martyn Frost

19:26 19 Jan 25

Taxopia were easy to deal with and the team stayed on top of the process the whole way through. Every interaction felt personal and took away the anxiety associated with staying on top of our accounting requirements. The administration of any business these days is challenging and keeping a business going gets harder all the time. The service Taxopia provides is both professional and real value for money. They will hopefully be a trusted partner for us into the future.

Jackie Nugara

00:46 22 Dec 24

I used Taxopia for my first 2 company tax returns. They are super fast, efficient and helpful. They turned this year's company tax return around quickly when I needed it. It's a very straight forward service which I like and cost effective. I would highly recommend Taxopia.

Terence Wong

21:01 12 Nov 24

Excellent friendly and prompt service and expertise they’re always happy to help so appreciated Taxopia could not recommend more highly

Companies

A company is a separate legal entity created for the purposes of business activity. There are two types of enterprise that are possible, and these are a proprietary company and a public company. A proprietary company has shareholders up to a maximum of 50 and is limited by its shares, it must have at least one director appointed. A public company must have at least 3 directors appointed and has no limit to how many shareholders own it. It can be listed or unlisted on the Australian Stock Exchange (ASX).

For both proprietary and public company shareholders, liability is limited to the nominal amount of their shares, so no individual’s assets are personally liable. The tax rate for a company is between 26% to 30%. This is lower than 45% (plus 2% Medicare levy) which is the highest tax rate for an individual in Australia, therefore, a company structure may be a more viable option for individuals who reach this bracket.

A company structure is more complex than other types of business structures and there is more involved in winding it down. A company has a unique Tax File Number as well as its registered Australian Business Number.

Trusts

A Trust is an obligation imposed on an individual or company to hold property or assets for the benefit of others. The holder of the trust is called the Trustee and the others are Beneficiaries. Trusts are not at a separate entity therefore liability lies with the Trustee. The Trustee is responsible for all business operations and there are yearly administrative tasks to complete. All transactions are undertaken by the Trustee and all are therefore a personal obligation.

A Trust is a more expensive business structure to set up, but there are benefits to working within this model. The Trustee can be employed by the Trust, and there can be employees. Income Tax doesn’t need to be paid for this structure as an entity but is passed on to beneficiaries however, GST may be applicable. Tax-free capital gains and tax incentives can be claimed by the beneficiaries should the structure be set up to allow this. A Trust requires an official Trust Deed to be completed by a qualified accountant or business lawyer.

There are two types of trusts and they are a Unit Trust and a Discretionary Trust. Unit Trusts are fixed, and Discretionary Trusts are not fixed. Beneficiaries of a Unit Trust are similar to shareholders in a company, beneficiaries can be referred to as Unit Holders. In this model, the beneficiaries hold the beneficial assets in the trust assets. A discretionary trust allows the Trustee to determine distributions for the Beneficiaries.

As with other types of Australian business structures, an annual tax return must be lodged and a tax file number must be obtained. If the trust is carrying on an enterprise or business activity in Australia, then an Australian Business Number registration must be obtained as well.

Annual Tax Lodgement Packages

$190 _{exc gst *}

LITE

Annual Tax Reporting Company Tax Return

* Taxopia Fastlane Service available

See Conditions Here

* Basic Package pricing conditions: ($425+ GST):

Includes up to 15-minutes of call support to assist you. Taxopia reserves the right to bill for any additional support that exceeds this time.
Excludes businesses with turnovers of more than $300,000 per year.
Excludes Companies or Trusts who hold property or share portfolios.
Excludes preparation of depreciation schedules and calculations.
Under this package, we do not accept summarised excel spreadsheets, unless your company turnover is below $30,000 per year. Financial data must come from an Accounting platform where either you can grant us access to generate the reports from, or you create the reports yourself and send them through to us.
Can accommodate Companies or Trusts who have carried forward losses in excess of $100,000 for an additional fee of 85$
Fixing Bookkeeping errors: an additional $85/hour will be charged

If you do not qualify for this option, you will need to consider our Standard Package ($850+ GST).

$425 _{exc gst *}

BASIC

Annual Tax Reporting Company Tax Return

Email Support (Fair use conditions apply)
Phone Call Support (15min)
Annual Business Turnover <$300k
Tax return lodged via Taxopia
We Act As Your Tax Agent So You May Be Eligible For Tax Extensions
Fixing Bookkeeping Errors $85 / hr
Companies who have carried forward losses in excess of $100,000 ($55 additional)

* Taxopia Fastlane Service available

See Conditions Here

* Basic Package pricing conditions: ($425+ GST):

Includes up to 15-minutes of call support to assist you. Taxopia reserves the right to bill for any additional support that exceeds this time.
Excludes businesses with turnovers of more than $300,000 per year.
Excludes Companies or Trusts who hold property or share portfolios.
Excludes preparation of depreciation schedules and calculations.
Under this package, we do not accept summarised excel spreadsheets, unless your company turnover is below $30,000 per year. Financial data must come from an Accounting platform where either you can grant us access to generate the reports from, or you create the reports yourself and send them through to us.
Can accommodate Companies or Trusts who have carried forward losses in excess of $100,000 for an additional fee of 85$
Fixing Bookkeeping errors: an additional $85/hour will be charged

If you do not qualify for this option, you will need to consider our Standard Package ($850+ GST).

Best Deal!

$850 _{exc gst *}

Standard

Annual Tax Reporting Company Tax Return

Email Support (Fair use conditions apply)
Phone Call Support (30min)
Support by a dedicated accountant
Annual Business Turnover <$1M
Tax return lodged via Taxopia
We Act As Your Tax Agent So You May Be Eligible For Tax Extensions
Preparation Of Full Financial Statements (For Bank Use)
2 Asset Finance Schedule Reconciliations
Includes Depreciation schedules & calculation
Includes Companies or Trusts who hold property or share portfolios
Fixing Bookkeeping Errors $85 / hr
Companies who have carried forward losses in excess of $100,000 ($55 additional)

* Taxopia Fastlane Service available

See Conditions Here

* Basic Package pricing conditions: ($425+ GST):

Includes up to 15-minutes of call support to assist you. Taxopia reserves the right to bill for any additional support that exceeds this time.
Excludes businesses with turnovers of more than $300,000 per year.
Excludes Companies or Trusts who hold property or share portfolios.
Excludes preparation of depreciation schedules and calculations.
Under this package, we do not accept summarised excel spreadsheets, unless your company turnover is below $30,000 per year. Financial data must come from an Accounting platform where either you can grant us access to generate the reports from, or you create the reports yourself and send them through to us.
Can accommodate Companies or Trusts who have carried forward losses in excess of $100,000 for an additional fee of 85$
Fixing Bookkeeping errors: an additional $85/hour will be charged

If you do not qualify for this option, you will need to consider our Standard Package ($850+ GST).

$1300+ _{exc gst *}

PREMIUM

Annual Tax Reporting Company Tax Return

Email Support (Fair use conditions apply)
Phone Call Support (30min)
Support by a dedicated accountant
Includes Partner Support
Annual Business Turnover <$3M*
Tax return lodged via Taxopia
We Act As Your Tax Agent So You May Be Eligible For Tax Extensions
Preparation Of Full Financial Statements (For Bank Use)
4* Asset Finance Schedule Reconciliations
Includes Depreciation schedules & calculation
Includes Companies or Trusts who hold property or share portfolios
Fixing Bookkeeping Errors $85 / hr
Companies who have carried forward losses in excess of $100,000

* Taxopia Fastlane Service available

See Conditions Here

* Basic Package pricing conditions: ($425+ GST):

Includes up to 15-minutes of call support to assist you. Taxopia reserves the right to bill for any additional support that exceeds this time.
Excludes businesses with turnovers of more than $300,000 per year.
Excludes Companies or Trusts who hold property or share portfolios.
Excludes preparation of depreciation schedules and calculations.
Under this package, we do not accept summarised excel spreadsheets, unless your company turnover is below $30,000 per year. Financial data must come from an Accounting platform where either you can grant us access to generate the reports from, or you create the reports yourself and send them through to us.
Can accommodate Companies or Trusts who have carried forward losses in excess of $100,000 for an additional fee of 85$
Fixing Bookkeeping errors: an additional $85/hour will be charged

If you do not qualify for this option, you will need to consider our Standard Package ($850+ GST).