Accounting

Straightforward and stress-free accounting services are what businesses of all sizes need from their accountants and we believe we provide exactly that. By providing cutting edge accounting and taxation services, and using the right products for your record keeping, our team at Townsend & Co will work closely with you to ensure we understand your needs. Only in this way can we help you achieve your goals, help you manage your cash flow and help you meet your tax obligations.

While fiscal compliance is of the utmost importance, we also believe in offering professional management advice and support at all times. We are committed to offering the highest level of friendly and professional service and welcome the opportunity to work with you.

Taxation & GST

The implementation of effective tax strategies is an integral part of the financial planning process. Structuring the way in which you receive your salary, superannuation contributions, investments, risk and debt management can significantly minimise your tax implications and are an essential component of your wealth creation and retirement strategy.

At Townsend & Co, we want you to accomplish your financial objectives in the most tax-efficient manner as other aspects of your financial plan become easier to implement when your tax liability is minimised.

Business Advisory

Choosing your business structure is an important decision and Townsend & Co can consult with you and suggest the best structure for your business. There are four main business structures commonly used by small businesses in Australia: sole trader, partnership, company and trust.

Companies and trusts are more complicated structures but they have their advantages and we can discuss these with you. We can also assist with business takeovers, valuations, due diligence and tax planning.

SMSF

Setting up a Self-Managed Superannuation Fund is a major financial decision. We understand that you’re busy and that the SMSF rules are complicated. We will provide you with an end to end solution giving you access to all the support and expertise you need to ensure your SMSF is well managed and compliant.

A SMSF can have many advantages but, equally, you need to consider the reasons why a SMSF may not suit your needs. We can help you decide if this is the right option for you.

Bookkeeping

Townsend & Co can take over all, or some of your bookkeeping activities allowing you to concentrate on growing your business. We can:

Design, establish and review accounting systems and software; perform checks, reconciliations and end of financial year reports; manage your accounts receivable and payable; undertake payroll duties and compliance; prepare and lodge BAS statements.