Tradie Tax Returns

Tradies, or tradespeople, are known for their hard work and dedication to their craft, but often they lack the knowledge and expertise when it comes to managing their taxes and finances. This is where Gavin Ma and Co comes in, offering specialized services to help tradies get their BAS and tax returns up to date and providing tailored advice on how to manage their business and finances effectively.

As a tradesperson, it can be challenging to navigate the complexities of tax and finance laws, especially when you’re busy running your business. That’s why we offer a range of services specifically designed to help tradespeople. Our services include:

  • BAS and Tax Return Preparation and Lodgement: We can prepare and lodge your BAS and annual tax returns, ensuring you’re meeting all your tax obligations and maximizing your deductions.
  • Taxable Payments Annual Reports (TPAR): If you’re in the building and construction industry, we can also prepare and lodge TPARs for your subcontractors, ensuring you’re meeting your reporting obligations.
  • Eligible Tax Deductions and Entitlements: We can help you identify and claim all eligible tax deductions and entitlements, including tools and equipment, travel expenses, and work-related expenses.
  • WorkCover and Public Liability Insurance: We can assist you in applying for WorkCover and public liability insurance to protect your business and yourself.
  • Small Business Superannuation Clearing House (SBSCH): We can help you set up the SBSCH to streamline your superannuation payments for your employees.
  • Business Structure: We can provide advice on whether you should change your business structure, such as setting up a company or trust, to protect your assets and minimize your tax liabilities.
  • Accounting Software: We can set up accounting software such as Xero or MYOB Live to help you manage your finances and keep track of your business expenses and income.
  • Business Finance: We can assist you in applying for business finance, such as loans or overdrafts, to help you grow your business.

At Gavin Ma and Co, we understand the unique challenges that tradespeople face when it comes to managing their finances. Our team of experienced accountants can help you navigate the complexities of tax and finance laws, so you can focus on what you do best – running your business.