The team at BOSCO Chartered Accountants not only work towards achieving the best outcome with your income tax, we also provide advice and effective methods to minimise tax. We liaise directly with the Australian Taxation Office (ATO) on your behalf so you don’t have to. Now that is peace of mind. To schedule a tax appointment, contact our Nowra or Sanctuary Point office today.
Individual Tax
TAX & COMPLIANCE
TAX RETURNS
Preparation and lodgement of tax returns for:
- Individuals
- Income Activity Statements (IAS)
- Pay As You Go Instalments (PAYGI)
- Deceased estates
- Cryptocurrency
TAX ADVICE
Advising on tax implications for investments eg. investment property / cryptocurrency or shares disposal, salary sacrifice etc
WORK RELATED DEDUCTIONS
- Working from home
- Motor vehicle
- Self education
- Occupation specific tax deductions
OVERDUE LODGEMENTS OBLIGATIONS
Preparation and lodgement of overdue or multi-year tax returns.
LIASING WITH THE ATO
- General ATO queries
- Setting up payment plans
- Assistance with ATO audits
- Lodgement objections & amendments
TAX PLANNING
- Dividends and shares
- Rental property
- Cryptocurrency
DO TAX LIKE A...
INVESTMENT PROPERTY
Thinking of purchasing or selling an investment property? Contact our team at Nowra or Sanctuary Point to get expert tax advice on the tax benefits of rental properties, including setup, management and disposal of your investments.
PROPERTY STRUCTURE
Tax advice on best investment and rental ownership structure, including:
- Individual
- Joint
- Trust
- Self-managed Super Fund (SMSF)
CAPITAL GAINS TAX
Our accountants explain the tax implications on buy and selling investment properties.
TAX PLANNING & MANAGEMENT
Tax advice and planning to maximise annual income tax returns including depreciation and negative gearing.
DECEASED ESTATE
Receive tax advice on selling and and transfer of property held in a deceased estate.
CRYPTO
Cryptocurrency is a form of digital currency allowing people to make payments directly to each other through an online system. Our accountants can help you understand your Crypto investment tax obligations and prepare ATO compliant income tax returns – so whether you’ve dabbled in Doge, fully Aped in, or are HODLing, we’ve got you covered.
CRYPTOCURRENCY TAX RETURNS
- Capital gains & capital loss calculations
- Lost/stolen crypto
- Tax structure
- Transaction reconciliation (Remote bookkeeping in-house)
- Traders and investors
TAX TREATMENT GUIDANCE ON TRADING ACTIVITIES
- Buy/sell coins (Crypto to Fiat transactions)
- Crypto to Crypto transactions
- Transferring assets between own wallets (NFTs, Coins)
- NFTs – buy/sell/mint
- Bridging
- Staking & royalties
- Airdrops
- Gifting
- Mining
- Personal use
- Lost/stolen crypto