Premierone

Painting and Arts

Best Painting and Arts Tax, Accounting, Payroll, Billing & Payment Statement reconciliation services provider in Australia

PremierOne is one of the leading Tax accounting firm in Australia providing tax, Accounting, Payroll, Billing, Payment Statement reconciliation and all other essential services to Painting and Arts providers.

At Premier one we provide expert tax advice on all areas of tax accounting. Few areas we specialize are:

  • Buying and selling a business;  acquisitions and mergers.
  • International tax planning and inter-border transactions
  • Business restructuring
  • Capital gains tax, along with CGT small business concessions
  • Planning and due diligence
  • Employee remuneration packages and incentives
  • Structuring and Implementation of employee shares if any in the organization.
  • Tax advice in relation to winding up businesses and succession planning
  • Process for incorporation of other companies
  • Applications of Division 7A and deemed dividends from loan arrangements
  • Fringe benefits tax
  • Tax consolidation
  • Compliance: preparation and lodgement of all necessary returns
  • Management and assistance with tax reviews and audits
  • Suggestions on transfer pricing

The purpose of tax accounting is to be able to track funds (funds in as well as funds going out) associated with individuals and entities. With a sophisticated Australian Tax System, the tax on the business profits, employment income, capital gains and rental income must get reported to the ATO in the form of annual tax returns. Our team with their expertise will make the process smooth and transparent for aged care facilities across Australia.

PremierOne is a leading tax accountant in Australia with highly experienced and dedicated tax experts, can look after all tax accounting requirements for Aged Care. Our accountants tailor solutions to your specific need and circumstances.

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Tax Accounting for Painting and Arts

For an Painting and Arts, tax accounting focuses on items such as income, billing, payment statement and other transactions that involves cash flow; this limits the amount of information that is necessary for an Painting and Arts to manage their tax return. It is always advised for Painting and Arts to have qualified tax accountants as the process is complex.

Meanwhile, general accounting would involve the tracking of all funds coming in and out of the persons’ possession regardless of the purpose, including personal expenses that have no tax implications.

We would also help you with the individual annual tax returns of the stake holders along with the tax returns of the Painting and Arts.

Payroll Services for Painting and Arts

Falling behind in tax obligations is one of the significant causes of business failure for Australian businesses. In an increasingly complex tax environment, keeping up to date with taxation regulations is an absolute must for businesses of any size or industry. Our team of tax accountants in Melbourne will work with you and your team and share their knowledge and expertise to help provide transparency when it comes to all things in tax accounting.

Whether you are an established business that has been trading for some time or a start-up launching your new business venture, our pro-active accountants work with you to make a real difference. You’ll be able to have absolute confidence that your business tax is in good hands.

We Provide Payroll services to the Painting and Arts and other industries for small to medium sized firms with employees ranging from 2 to 500. In Payroll we would provide suggestions on the salary break up, tax deductions etc, inline with current australian tax standards

Billing and statement reconciliation for Painting and Arts

Billing and statement reconciliation is an important and complex process for any Painting and Arts due to their varied functionalities and processes.

At Premier One, we have accountants who do billing and statement reconciliation for Painting and Arts day in and day out. Our qualified accountants would identify the required statements to be consolidated and work towards them and make the process a smoother one for Painting and Arts and audit purpose.

Whenever there is a change in any process due to change in Australian tax rules, they would be informed to the Painting and Arts and incorporated by our accountants and bookkeepers.

No better compliment than the words of our Happy Clients

Tax Accountant Outsourcing Services

  • Does PremierOne offer tax accounting services for small businesses?

    YesPremieroOne’s well-trained accountants, CAs and CPAs assist small and medium enterprises across Australia. We serve individuals, companies, trusts, partnerships, sole traders, small businesses and more. 

  • Do you offer tax accounting services outside of Melbourne?

    Yes. Though we are located in Melbourne, we offer tax accounting services throughout Australia.

  • What is the cost for accounting and tax services?

    Our costs vary depending on our clients’ requirements.Book your FREE 15-minute CPA consultation to learn more.

  • Why do I need an accountant?

    A good accountant does more than just prepare taxes and financial statements. They become your business mentor. Alongside their primary accounting responsibilities, they will guide you in reducing costs and utilising your finances efficiently for the growth of the organisation. They deeply analyse, interpret and convert financial data into actionable business intelligence. Accounting services include tax planning, business consulting and personal financial advice. 

     

  • What locations do you offer your tax accounting services in Australia?

    We are located in Melbourne but work with clients Australia-wide.

  • How experienced are your accountants?

    PremierOne is a leading tax accountancy in Australia with a team of highly-experienced and dedicated tax experts. The average experience of each of our tax accountants ranges from 10 to 40 years. 

  • Consult with an external Accountant or Bookkeeper for my small business?
    Some small business organizations may have an in-house Accountant/Bookkeeper, but that they may not have experience overcoming a particular challenge or achieving a particular goal (such as systems design, raising capital, etc.). A Virtual CFO may consult with or advise the existing Accountant to elevate the performance of their financial team, elevate overall financial strategy, and transfer valuable skills.
  • How can financial forecasts help my small businesses?

    For small businesses, forecasts serve a variety of purposes, including budgeting, fundraising, analysing the health of a company, projecting growth, restructuring and more. This information helps you to achieve your long-term goals. 

  • Can small businesses claim for work-related expenses during tax returns?

    PremierOne helps small businesses navigate which work-related expenses can be claimed.

  • What payroll software do you recommend for small business owners?

    PremierOne offers payroll services across multiple platforms. For small and medium enterprises we recommend Xero or MYOB.

  • Can you support small businesses working from home?
    Yes. At PremierOne, though we are located in melbourne we offer online services throughout Australia for medium and small businesses for all tax & accounting needs
  • What advice do you have for small business owners looking to retire?

    The key to early retirement is good succession planning. A realistic and achievable plan will help you make a transition out of your small business. Our expert team can assist in with all legal obligations and documentation.

  • Can you help small businesses if they haven't filed tax returns for 5+ years?
    Yes. PremierOne supports small businesses who are behind in their tax filing.
  • Can you help small businesses correct issues in their tax returns?

    Yes. We help small businesses to correct any issues that occurred in their previous tax returns.

  • Can clients reach out after hours in cases of emergency?

    Yes. We accept calls outside of working hours in cases of emergency. 

  • What is full cycle accounting?
    Full cycle Accounting is the process of maintaining and tracking of accounts by our accountants throughout the year.  Our accountants do these activities every year until the company remains in business.
  • What is GAAP in accounting?
    GAAP stands for Generally Accepted Accounting Principles. It is a collection of accounting rules and standards followed across the market for financial reporting. Our accountants follow these processes as they are seamless and error free.
  • What is Accounting Cycle?
    Accounting Cycle involves multiple steps for the accounting events of a company like identifying, analysing and recording. It begins with the start of a transaction and ends when the transaction is recorded financially in statements.
  • what is accrued income revenue in accounting?
    Accrued income is a revenue that is rightfully earned . Small businesses,  individuals and companies can all receive accrued income. Although it is not yet received, accrued income is recorded on the books as and when it is earned, in accordance with the accrual accounting method.
  • What is accrued income journal entry in accounting?
    Accrued income journal entry is the journal entry for income which is earned during a particular period, bit is yet to be received until the end of that period. Though the amount is not received, our accountants will add it to the journal as assets as per the modern rules of accounting.
  • What is the difference between accrued and outstanding in accounting?
    Accountants consider an income as accrued until it is not due for payment, while it is considered as outstanding while it is past due.
  • What is accrued revenue in accounting?
    Accountants term the revenue which is earned but not yet invoiced or received as accrued revenue. It is also known as unbilled revenue. It is part of Accrual Accounting.
  • Is Accrual accounting part of accounting services offered by premier one?
    Yes. All our accountants have expertise in accrual accounting and it is a part of our accounting services.
  • Should i add interest accrued in bank to accounts for filing tax?
    Yes. you should add the interest availed during that period during the tax filing. If you are not sure, our accountants will be help you in adding the same.
  • What is duality in accounting?
    It is a concept where accountants have to record every transaction in two different accounts. It forms the basis of dual entry accounting for all accounting frameworks for producing reliable financial statements
  • Do you help in solving issues with previous accounting?
    Yes. Our experienced accountants will help in resolving issues with previous accounting throughout Australia.
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    Meet Our Team

    Maru Natarajan

    Position: Managing Director
    Phone: 0416 339 239
    Categories: Bookkeeping Services, Payroll Services, Tax Accounting, Virtual CFO Services
    Location: Australia, Melbourne
    Languages Known: Tamil, English

    With 25+ years’ professional experience working as a chief financial officer (CFO) and Financial controller level across many industries in the Australasian region, Maru has turned his focus to providing world-class financial and accounting services to small and medium Australian enterprises. Maru, along with his dedicated team of PremierOne accounting professionals, is committed to utilizing his expertise and experience to help Australian businesses flourish. He is a Fellow of CPA and a registered tax agent.

    Maru Natarajan

    Managing Director

    With 25+ years’ professional experience working as a chief financial...

    Maree Hamilton

    Position: TAX ACCOUNTANT
    Phone: 03 8761 9022
    Categories: Bookkeeping Services, Payroll Services, Tax Accounting
    Location: Australia, Melbourne

    Maree is a certified practising accountant (CPA) and member of the National Tax and Accountants’ Association. With over 20 years’ professional experience in tax, accounting and bookkeeping, Maree has a wealth of experience in dealing with businesses and the many issues they face. With certifications in Xero, Quickbooks and MYOB, Maree’s passion is helping businesses to overcome the challenges of tax and accounting, and help them adapt to the future with efficient systems. Maree prides herself on working with businesses to maximise their profits and not only reach their goals but exceed them.

    Maree Hamilton

    TAX ACCOUNTANT

    Maree is a certified practising accountant (CPA) and member of...

    Hirusha Jayasekara

    Position: Aged Care Accountant
    Phone: 03 8761 9022
    Categories: Bookkeeping Services, Payroll Services, Tax Accounting
    Location: Australia, Melbourne

    A commerce graduate from Deakin University, Hirusha specialises in accounting for the aged-care sector. He efficiently manages payroll, resident billing, attending to Services Australia requirements and overseeing day-to-day accounting, using sophisticated software applications.

    Hirusha Jayasekara

    Aged Care Accountant

    A commerce graduate from Deakin University, Hirusha specialises in accounting...

    Fransisco Silva

    Position: ON-CALL / VIRTUAL CFO
    Phone: 03 8761 9022
    Categories: Bookkeeping Services
    Location: Australia, Melbourne

    Francisco is a chief financial officer (CFO) with 20 years’ of professional experience with organizations such as KPMG, Shell, laxoSmithKline, Goodyear Tyres, Toll Global Logistics and Manpower. He is a Fellow of CPA, Fellow of CIMA (UK), in addition to holding a BSc. Accounting and Financial Management, post graduate diploma in Corporate and Commercial Law from Monash University and an Executive MBA from Melbourne Business School.
    Francisco is well-versed in strategic financial planning, annual budgeting, monthly forecasting, business model reviews, growth strategies, business tenders and mergers and acquisitions.

    Fransisco Silva

    ON-CALL / VIRTUAL CFO

    Francisco is a chief financial officer (CFO) with 20 years’...

    Rohit Maru

    Position: JR Accountant .
    Phone: 03 8761 9022
    Categories: Bookkeeping Services
    Location: Australia, Melbourne

    Rohit provides administrative services and exceptional customer experience to clients. Currently studying for a double degree in Commerce and Information Technology, Rohit continuously demonstrates high levels of professionalism and will surely enjoy a long and successful career in the accounting industry.

    Rohit Maru

    JR Accountant .

    Rohit provides administrative services and exceptional customer experience to clients....

    Charitha Ranasinghe

    Position: Manager - Client Services
    Phone: 03 8761 9022
    Categories: Tax Accounting
    Location: Australia, Melbourne

    Charitha is a chartered accountant with over 12 years’ professional experience gained while working for public practice firms like Ernst & Young. He holds memberships with the CPA Australia and the Institute of Chartered Accountants of Sri Lanka. He is actively studying to become a chartered tax advisor (CTA) and is a certified Xero advisor. Charitha is highly-proficient in financial reporting, annual budgeting, monthly forecasting, working capital management, tax compliance and payroll-related services.

    Charitha Ranasinghe

    Manager - Client Services

    Charitha is a chartered accountant with over 12 years’ professional...

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