Who are we? / Services / Other business services / Superannuation / Computer accounting / Bookkeeping service / Internet
David Reid |
DR TAX is a Melbourne-based tax agent, servicing the needs of small business operators, investors, salary and wage earners and not-for-profit organisations. The principal is David Reid B Tax (merit), FNTAA, FTIA. David is a tax professional and registered tax agent, qualified to provide service and advice on all tax-related matters. He has extensive experience in dealing with the accounting and tax needs of small business for 30 years in Australia and New Zealand. What makes us different? We aim to provide "good new fashioned" service - attention to detail for individual clients, while adapting to a fast-changing technology. We are tax specialists first, but with an extensive general practice, as you will see from our services. Tax is going through a period of rapid change in Australia. Change brings with it uncertainty: am I paying too much tax? What happens if I get it wrong and pay too little? Our aim is to give you the comfort of knowing that you are meeting your tax liabilities, neither more nor less. |
We offer a full range of taxation services, from simple return preparation, to tax planning advice and assistance with tax audits. We have considerable experience in dealing with the income tax needs of Australian resident taxpayers serving overseas. We can advise you on the most effective way to structure salary packages, hold investments and plan for your retirement. We keep our clients informed of any relevant changes to tax legislation, and advise them of any action they should take. We do not advocate, and will not be involved in, any unethical tax schemes. We will review your tax affairs to seek to ensure that you take advantage of all of the concessions which are legally available to you. Check out the News section for an outline of changes for the current year.
In addition to taxation matters, we are able to assist with a range of business services. Maintaining close control of your cashflow is essential to the survival of a small business, and regular timely reporting of key performance indicators is essential to this control. We can provide such reports for you, or assist you to set up your own reporting system from your computer accounting program. For many small business operators, the demands of attending to all of their statutory requirements can be oppressive. We are able to assist you with employment-related matters, such as PAYG withholding tax, superannuation guarantee and Workcover; company formations and ongoing administration; and occasional matters such as statistical returns. Borrowing to finance new equipment or projects, or to refinance existing borrowings, calls for careful decision-making. We can assist in providing up to date financial reports and projected cashflows, and with putting together the submission for your financial institution.
Superannuation is a rapidly growing area. Many people who want to take control of their retirement planning have established self-managed or "do it yourself" superannuation funds – there are now more than 250,000 such funds in Australia with registrations growing at more than 2,000 a month. We are able to advise and assist clients wishing to establish their own self-managed funds, and to attend to the annual accounting, tax and administrative requirements. We have entered into an arrangement with an associate to audit the superannuation funds of our clients.
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The availability of powerful and low cost computer accounting programs has meant that many small business operators now have computerised their financial records. We are able to advise on the suitability of a new program you may be considering, and to assist with the installation and conversion of your existing data. In addition, we can offer a basic level of training for the more common programs, and we can assist you to set up regular reports to ensure that you are getting the best value from the system you have chosen. |
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MYOB's website.For some people, financial record keeping is a chore which interferes with the running of their business. If this describes you, we can attend to your regular accounting needs, on your computer or ours, providing you with monthly, or more or less frequent, reports. We can attend to the preparation of your business activity statements.
The world wide web is a vast resource of information, which is becoming a critical tool for research as well as for advertising. Through our network of IT consultants, we can help you move to establish a web presence.
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