Premium 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.

Google Reviews

  • 5 star review  Very responsive and exceptional service. Cost effective and efficient business model. You can't buy better!

    thumb Wendy Asmussen
    10/29/2020
  • 5 star review  Have saved our business a fortune in accounting and very easy to deal with. This is our 3rd or 4th year with them.

    thumb Carly A
    10/23/2020
  • 4 star review  Very impressed with Taxopia's service. They were very quick to respond and once all information was provided my Tax Return was processed within a week! Takes the stress out of tax time and will definitely be using their services again next year. Thank you!

    thumb Jess Dametto
    10/15/2020
  • 5 star review  I've been consistently impressed by Taxopia. They make trust and company tax return preparation simple, easy and cost effective. I have no hesitation recommending them.

    thumb Katherine Todd
    8/19/2020
  • 5 star review  Great service, we would recommend it. Well priced as well

    thumb Dinu Stamatescu
    8/15/2020
  • 5 star review  I have a simple set of accounts, Taxopia has got my work done efficiently and effectively and didn't cost a bomb. I would highly recommend.

    thumb Mike Filmalter
    8/03/2020
  • 5 star review  User friendly, quick turnaround time and great value.

    thumb Natalija Trailovic
    7/24/2020
  • 5 star review  An excellent service with prompt time manor. All staff responded quickly, work was done on time and every email was with clear instructions and friendly touch. If you seek for an affordable professional service, Taxopia is the one I highly recommend!

    thumb Yukiko Shimizu
    2/19/2020

Premium Company or Trust Income Tax Return

Welcome to Taxopia’s Premium Company or Trust Income Tax Returns ($1200+ GST)

  • Includes Tax Return Prepared & Lodged
  • We act as your Tax Agent so you may be eligible for tax extensions
  • Preparation of full Financial Statements (for bank use)
  • For businesses with a turnover of $1 million or more per year
  • Dedicated Accountant & Partner support
  • Business size & record keeping criteria apply*

* Conditions. Please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

  • Excludes businesses with turnovers of more than $3 million per year
  • Excludes Capital Gains Tax events
  • Excludes share trading activities
  • Excludes Companies who have Director(s) or Shareholder(s) loans owing to the company. (Division 7a)
  • Excludes fixing bookkeeping errors
  • Excludes fixing GST errors
  • Excludes asset finance schedule reconciliations above 4 (i.e.up to 4 asset finance schedules are included)
  • Excludes year-end adjustment entries to match your bookkeeping figures to the financial statements for all record-keeping software other than Xero.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

  • Basic Tax Reporting Company/Trust Tax Return

  • $400exc 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
    • *See conditions here
  • Standard Tax Reporting Company/Trust Tax Return

  • $800exc gst
    • Includes Tax Return Prepared & Lodged
    • Preparation of full Financial Statements (bank use)
    • Max business turnover $1M/year
    • Record keeping criteria apply
    • Dedicated Accountant Tax Adviser support
    • *See conditions here
CURRENTLY SELECTED
  • Premium Tax Reporting Company/Trust Tax Return

  • $1200+exc gst
    • Includes Tax Return Prepared & Lodged
    • Preparation of full Financial Statements (bankuse)
    • Turnover $1M or above per year
    • Record keeping criteria apply
    • Dedicated Accountant & Partner Support
    • *See conditions here

For our complete pricing list, please click here.

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.

oFor any inquiries, please call: 1300 829 674 or fill out our online form

* Sole Trader Package pricing conditions, please take note the pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Premium Package pricing conditions, please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Standard Package pricing conditions, please take note the standard pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* CONDITIONS to our Basic Tax Reporting Package for Partnership Tax Return ($400+ GST), excludes the following items:

If you do not qualify for this option, you will need to consider our Standard Tax Reporting Partnership Tax Return ($800+ GST) option.

Get started now!

Company or Trust Tax Return for Accountants & Bookkeepers

* BASIC PLAN ($400+ GST) CONDITIONS, excludes the following items:

* STANDARD PLAN ($800+ GST) CONDITIONS, excludes the following items; however, these services can be provided for an additional cost.

Get started now!

* Premium Package pricing conditions, please take note the premium pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* Standard Package pricing conditions, please take note the standard pricing excludes the following items; however, these services can be provided for an additional cost.

If any of these exclusions apply to your businesses, please contact us, and we would be happy to provide you with a customised quote.

Get started now!

* CONDITIONS to our Basic Tax Reporting Package for Company or Trust Tax Return ($400+ GST), excludes the following items:

If you do not qualify for this option, you will need to consider our Standard Tax Reporting Company or Trust Tax Return ($800+ GST) option.

Get started now!

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