We understand what it’s like be in a small business and the need to keep up with the latest in technological advancements or the have a reliable set of wheels to get you from client to client.
GNS Group can assist you in not only getting a good deal on rates, but more importantly, understanding whether a Hire Purchase, Chattel Mortgage, Lease, Asset Purchase, Finance Lease, Operating Lease, Novated Lease is best for you.
The team at GNS Group can partner with clients to understand your business and analyse how your cash flow will allow you to access the best available plant and equipment, shelving and racking, car or truck, computer equipment and shop fit out.
Like most things, the banks want to also understand how your business is performing and your ability to repay the debt. It’s our insight into your business that allows us to know what bank to approach and how to structure your deal.
And when it comes to your next business vehicle purchase, the last thing you probably want to do is disclose all of your personal financial information to a car salesman.
Allowing GNS Group to deal directly with the bank on your behalf and shop around to find a good deal means you can on with running your business.
No one lodges a tax return because they want to, or the enjoy doing so. We all lodge our tax returns because we have to!
That is of course unless you are due a refund, and only then it makes the process slightly more enjoyable than going to the dentist.
The team at GNS Group like to make things as easy as possible for you to remain compliant. Many of our clients like to email their documents to us, and that’s great. We are also happy to send out via email your tax return for signing as we understand that you are time poor.
But equally, there can be real merit in having face to face meetings to gain a more detailed understanding of what has transpired over the past year but more importantly, what we can assist you with over the coming year to legally minimise your taxes, maximise your return and grow your wealth.
The most common types of income are:
- Salary and wages
- Dividends and Managed Funds
- Rental Capital Gains
The Tax Office often collects data from third parties, and can help to match up things, to your return, so it’s important to use accurate information to avoid ATO Audits and amendments.
We encourage clients to use our checklist and worksheets to help summarise their income.
The same also applies for deductions – what can you claim and what can’t you claim.
The most common deductions include:
- Motor Vehicle
- Home office
- Union Fees
- Phone and Internet
- Subscription and membership