Utopia Tax & Accounting

We provide expert service in:

• Accounting
  • SMSF establishment and administration
  • GST Administration
  • Business sales
• Taxation
  • Taxation Advice and services for individuals, partnerships, trusts, companies, and SMSFs
  • Taxation compliance
  • Applying for tax concessions
  • SMSF Compliance advice
  • Management of ATO audits and disputes
  • Establishing tax structures tailored to your circumstances
• Tax Structural Advice
  • Setting up a business
  • Selling a business
  • Admitting new owners into a company or SMSF
  • Setting up strategies for asset protection
• Corporate Maintenance
  • Establishing SMSFs, Trustee Companies, Unit Trusts, and Family Trusts;
  • Maintaining SMSF and company compliance with ASIC and ATO.
  • Maintenance of corporate registers
• Bookkeeping
  • Hassle-free management of your financial records
  • Basic day-to-day bookkeeping
  • Bank reconciliations
  • Payroll processing
  • GST annual returns and BAS preparation and lodgement
  • Month and year end reconciliations and reporting
  • Tax return preparation
• SMSF daily administration
  • Initial set up, ongoing administration, and winding up of SMSFs
  • Holding and Amending Superannuation fund trust deeds as needed
  • Preparing SMSF tax returns, financial statements, minutes, and trustee declarations
  • Preparing SMSFs for yearly audits
  • Developing and setting up correct structures to facilitate borrowing in SMSF using Limited Recourse Borrowing Arrangements
  • Investment in SMSF using our in-house Financial Advisory team
• Estate management and windup
  • Completing probate applications
  • Option to have us act as the executor of the estate
  • Winding up investments and SMSFs
  • Finalising tax returns
  • Developing strategies for asset protection
  • Determining assets and liabilities
  • Administering and finalising the estate
  • Amending SMSF, trusts and companies to reflect changes
  • Advising on the estate’s withholding tax obligations
  • Liaising with the ATO on behalf of the estate