Getting things right the first time is crucial in business. Business owners will appreciate that each decision that they make has the potential to generate greater returns or to set them back from their financial goals. The downside of this equation is that it impacts negatively on all employees and could place the business in a perilous position. Having support throughout the year from a team of knowledgeable experts that offer objective advice is, therefore, an absolute must.
Those looking for a chartered accountant on the Sunshine Coast are encouraged to consider the team here at Watson & Watt. We do things a little differently compared to other accountants and bookkeepers. We grew up in and around family small businesses, and so we have a much deeper understanding of the particular challenges that face those leading the charge.
What we endeavour to do is deliver exceptional accountancy services that are backed up with the kind of advice that can help business owners take their venture from strength to strength.
Those that have the courage to start their own business will find that within a few short weeks their time is under considerable pressure. There are so many considerations that require attention as well as issues that pop up every day that are unforeseen.
As such, the need to outsource vital tasks such as bookkeeping and receipts collation is essential to ensure that when the year-end arrives, you are prepared to pay the least amount of tax possible.
At Watson & Watt, we believe that a Sunshine Coast chartered accountant should be focused on their clients throughout the year. This gives you the kind of objective support and advice that is essential to ensure that unnecessary spending is highlighted and plans are put in place to make it possible for you to strategically approach such investments, and at the right time when that financial commitment will have the least impact on your day-to-day operations.
Delegating the time-consuming bookkeeping and taxation duties to a professional team also gives you peace of mind in terms of knowing that when your tax return is submitted, it has been competently and properly prepared.
This reduces the risk of your business being audited as a result of mistakes or improper declarations and it also affords you confidence in your decision-making because you will have a plan in place to help you navigate each month.
Sunshine Coast Chartered Accountants Helping You Achieve More
Here at Watson & Watt, we believe that for a business to truly thrive, it must have the benefit of knowledge in terms of where savings can be made, tax bills can be reduced, and how best to plan for the ups and downs of the financial year as the seasons roll by.
However, at Watson & Watt, we are confident that our chartered accountant service offers Sunshine Coast business owners more than they will find elsewhere, and a partnership that could be the difference between struggling to keep things going and becoming market leaders. Call today and find out just how far we can help you go.
Watson & Watt are accountants based in Queensland that specialise in helping small & medium businesses with their accounting. We offer BAS agent services as well as small business consulting.
- Up to date & squeaky clean with ATO
- Direct access to experienced advisors
- Pragmatic advice
- We know the people you need to know
- Clarify the direction for your business
- Build rock solid foundations
- Understand your numbers and how to maximise them
- Accountability
At Watson & Watt we provide a wide range of professional accounting and financial services to meet your individual and business needs. Our services include:
1. Tax Compliance:
We specialize in tax compliance, ensuring that your financial statements are accurately prepared and tax returns are filed on time. Our expertise includes;
- Bookkeeping
- Preparation & Lodgment of Business Activity Statements (BAS)
- Financial Statement & Income Tax Preparation
- Fringe Benefits tax returns and advice
- Managing company registers and liasing with ASIC.
2. Tax Planning:
Our tax planning services are designed to help you minimize your tax liabilities while staying compliant with the latest tax laws and regulations. We work with you to develop strategies that optimize your tax position.
3. Business Consulting:
Our experienced team offers comprehensive business consulting services, including:
- Goal Setting: We help you define clear and achievable goals to drive your business forward.
- Strategy Development: We work with you to create a tailored business strategy that aligns with your goals and helps you navigate challenges effectively.
- Accountability: Our accountability services provide you with the guidance and support needed to ensure you're on track to meet your business objectives.
- Budgeting: We assist in creating budgets that allow you to manage your finances effectively and reach your financial targets.
- Forecasting: Our forecasting services provide insights into future financial performance, enabling you to plan and make informed decisions for both cash and profit.
- Performance Analysis: We evaluate your business's financial performance and provide recommendations to enhance profitability and efficiency.
All our pricing is fixed, agreed in advance and paid via direct debit. And for those that qualify we offer a 12 month payment plan at no extra cost where we spread the costs of the year’s services over 12 equal instalments.
Each year we will send you a new proposal with updated pricing and schedule of services.
Should you require additional services in the period we will provide you with a proposal for those services before we do any work. That way you are always in control.
After you submit an enquiry we will organise a time to for a free video meeting or phone call at a time suitable for us both. This meeting can go up to 30 minutes long and is a chance for us both to get to know each other, find out what you are looking for and whether we are a good fit for each other.
If we both agree that we can work well together and deliver you the outcomes you are looking for, we will provide you with a proposal for our services which will outline the services, costs involved and our terms and conditions. Once that is accepted there are some compliance requirements we need to satisfy such as ID verification and tax agent linking on the business portal. But we will outline all that in detail once that time comes.
We only do individual tax returns for those individuals who are part of a business group (e.g the shareholders/directors) we do the accounting for, and for those with substantial investments and investment structures such as family trusts or self-managed super funds.
We work with our clients through a combination of email, phone, video and if the case requires it, face to face meetings.