Tax Accountants Shepparton
We bring you the best possible solutions for your company.
PFP Wealth Group are specialist tax accountants Shepparton.
We offer a complete range of taxation services for Shepparton residents including personal and business tax returns, advice on the appropriate structure/ entity to purchase a property, trust and company tax returns, PAYG tax variations, tax planning advice and more.
Working hand in hand with our Financial Planning and Lending division, PFP Accounting provides taxation and advisory services to our clients, specializing in investment properties and SMSF’s. Our history of dealing with property-related taxation requirements ensures that we thoroughly process our clients returns and advice with a view of achieving the best result possible.
Karlie Dicker leads our accounting division, and she strives to ensure no stone is left unturned when assessing our clients tax returns. Attention to detail is paramount when dealing with your tax affairs and the ATO.
If you are after a great team of tax accountants Shepparton, look no further than PFP Wealth.
Access expert, specialist advice around tax planning, financial strategy, SMSF management and asset protection.
The value of financial adivce.
Tax Accountants Shepparton – Financial Solutions to suit you or your business
Why Choose PFP Wealth Tax Accountants Shepparton?
Tax time can be very confusing, not knowing what you can and can’t claim as a tax deduction. Having an experienced team looking after your tax correctly is the first step to ensuring you get the right refund without incurring the ire of the ATO.
We have a team of highly experienced accountants and financial planners that will work with you every step of the way to achieve the right outcomes for you or your business. We pride ourselves in our client services and our honesty, integrity and old fashion good services are what drives us to meet your high expectations. We build lasting client relationships so we are there for the long term to guide you through your financial journey.
PFP Wealth Groups consists of three separate companies including PFP Lending (mortgage broking company), PFP Private Wealth (Financial Planning) and PFP Accounting (Accounting firm). We all work together to provide all our clients with quality advice in a wide range of financial areas. You won’t be disappointed working with our experienced team.
Additional accounting services
Our taxation services are not just limited to property.
- Advice on the appropriate structure/ entity to purchase a property
- Personal Tax Returns
- Business tax returns
- Trust/ Company tax returns
- PAYG tax Variations
- Tax Planning Advice
- Capital Gains Tax Analysis and advice
- SMSF Tax Returns
Need a personalised solution for your financial situation?
PFP Wealth Group specialise in a range of financial planning services including accounting, financial planning, mortgages and loans and SMSFs. We specialize in building wealth through the accumulation phase of our clients. We work with each client individually to tailor solutions to fit your specific circumstances.
Exceptional Accountancy Resources.
Depreciation Schedule
Obtaining a depreciation schedule for your investment property can assist in creating significant tax deductions that can greatly reduce the cost to hold a property. There are 2 types of depreciation, Capital Works and Plant and Equipment, which allow you to claim a tax deduction for the declining value of the asset(s) as it ages. To see if your investment property qualifies, contact one of our friendly staff.
PAYG Variation (ITWV)
A tax variation allows you to claim your negative gearing benefits each month (or pay cycle) instead of annually. This is usually done so that you can reduce the cost to hold a property by reducing your tax paid each month resulting in more funds in your pocket.
PFP Accounting advises the ATO of your reduced income and the ATO in turn notifies your employer to deduct less tax from your pay. This tax variation needs to be lodged each year, usually around May.
Keep Good Records
Like any tax situation, the better records you keep the easier it will be to make sure you are claiming the maximum deductions each year. We recommend keeping a folder with all your property income and expenses recorded so that it is easy to access, saving you time, and resulting in a healthier tax return.
Consider Paying Interest in Advance
Depending on your personal situation, you may be able to pre-pay your loan interest for a year in advance resulting in a greater tax deduction for that year. There can be dangers with this so to see if it suits you please contact our staff.
Claim Your Borrowing Expenses
The loan expenses you incur to obtain an investment property loan are usually a tax deduction. Some costs such as mortgage insurance are often overlooked but can be claimed over a 5 year period. Be sure to check all of the fees the bank has charged you to make sure you are maximizing your deductions.
Capital Gains Tax
Capital gains tax can be a significant tax but sometimes it can be managed with careful tax planning. Selling your asset at the right time and calculating the correct gain plays a vital role in managing the tax you may be liable to pay. Planning your sale requires appropriate advice before you start the process.
Experienced Tax Accountants Shepparton, Victoria and surrounding areas
PFP Accounting Services provide taxation and advisory services to clients, specialising in investment properties and SMSF’s.
Arcadia
Ardmona
Bunbartha
Byrneside
Caniambo
Congupna
Cooma
Coomboona
Cosgrove
Cosgrove South
Dhurringile
Dookie
Dookie College
Echuca
Gillieston
Girgarre East
Gowangardie
Grahamvale
Harston
Karramomus
Katandra
Katandra West
Kialla
Kialla East
Kialla West
Kyabram South
Lancaster
Lemnos
Major Plains
Marionvale
Marungi
Merrigum
Moorilim
Mooroopna
Mooroopna North
Mooroopna North West
Mount Major
Murchison
Murchison East
Murchison North
Nalinga
Orrvale
Pine Lodge
Shepparton
Shepparton East
Shepparton North
St Germains
Stewarton
Tallygaroopna
Tamleugh North
Tatura
Tatura East
Toolamba
Toolamba West
Undera
Waranga
Wyuna
Zeerust
