Question 1

Where in Miranda is Trident Accounting located, and where can clients park?

Accepted Answer

Our office is located at Suite 30, 19-21 Central Road in Miranda, New South Wales. We are situated approximately 400 metres from Miranda Station and Westfield Miranda. Clients can access street parking along Central Road or use the nearby council parking facilities.

Question 2

Are your accountants registered tax agents and CPA qualified?

Accepted Answer

Principal Karen Walmsley holds registration as a tax agent with the Tax Practitioners Board under registration number 78898006. She is an authorised public practitioner with CPA Australia and holds membership with the Financial Advice Association of Australia.

Question 3

Do you offer remote tax appointments across Australia?

Accepted Answer

We support clients nationwide through remote consultations. Appointments can take place over phone or video conference. Clients upload financial records via our digital portal, and completed tax schedules are approved electronically from any computer or mobile device.

Question 4

How do new clients book an initial consultation?

Accepted Answer

You can book by telephoning our Miranda office on (02) 9525 2354. You can also send a request through our website contact form with details about your tax or bookkeeping situation.

Question 5

Which accounting platforms do you support for small business bookkeeping?

Accepted Answer

We manage accounts on Xero, MYOB, and QuickBooks Online. Our team manages file migrations, bank feeds, Single Touch Payroll Phase 2 setup, and recurring reconciliations.

Question 6

When is an Australian business legally required to register for GST?

Accepted Answer

Businesses must register for Goods and Services Tax when current or projected annual turnover reaches $75,000, or $150,000 for non-profit organizations. Providers of taxi or ride-sourcing services must register for GST regardless of turnover level.

Question 7

What are the quarterly deadlines for lodging Business Activity Statements?

Accepted Answer

Standard quarterly lodgements fall on 28 October for quarter one, 28 February for quarter two, 28 April for quarter three, and 28 July for quarter four. Lodging through Trident Accounting as your registered agent gives you access to extended ATO lodgement dates.

Question 8

Can you help set up an Australian Business Number and business name?

Accepted Answer

We review your commercial plans, determine your ideal business setup, and submit your ABN registration directly with the Australian Business Register. We also coordinate ASIC business name registrations and establish GST or PAYG withholding registrations.

Question 9

Which commercial business structures can you help establish?

Accepted Answer

We establish and advise on sole trader setups, partnerships, family discretionary trusts, and proprietary limited companies. We structure entities to balance asset protection with legal tax minimization.

Question 10

What paperwork should individuals prepare for their annual tax return?

Accepted Answer

Prepare your income statements, dividend notices, interest records, and health insurance summaries. For deduction claims, collect work-related purchase receipts, vehicle travel logs, and working-from-home hourly records.

Question 11

How does Capital Gains Tax apply when selling shares or property?

Accepted Answer

Capital Gains Tax applies to the net profit made on selling investment assets. Assets owned for longer than twelve months by Australian individuals or trusts generally qualify for a 50 percent CGT discount before the gain joins assessable income.

Question 12

What rental property deductions can investment owners claim?

Accepted Answer

Landlords can claim loan interest charges, council rates, strata fees, repairs, property management commissions, and qualified quantity surveyor depreciation reports. Travel expenses to inspect residential investment properties remain non-deductible under ATO regulations.

Question 13

Do you handle Self-Managed Superannuation Fund compliance and tax returns?

Accepted Answer

We prepare annual financial statements, member records, and tax returns for self-managed super funds. We also coordinate independent statutory audits to maintain your fund's complying status with the ATO.

Question 14

Can you help resolve late tax lodgements or overdue ATO debt?

Accepted Answer

We assist individuals and companies who have fallen behind on lodgements. We prepare multi-year catch-up returns, liaise with the tax office to request penalty remissions, and negotiate manageable payment plans for outstanding liabilities.

Question 15

Are accounting fees tax-deductible in Australia?

Accepted Answer

Fees paid to a registered tax agent for managing your tax affairs qualify as an allowable tax deduction. You claim this deduction on the individual or business return for the financial year the payment took place.

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