Your Trusted Accountant for Tax Return Services
At MGI South Queensland we understand that tax season can bring stress for both individuals and businesses. That is why our tax return accountants are dedicated to delivering accurate and compliance-focused services that truly elevate your tax experience. Whether you are seeking an accountant for tax return purposes for your business or personal filings you have come to the right place.
When you choose MGI South Qld as your tax return accountant you benefit from:
- Decades of experience serving businesses and individuals across Brisbane the Gold Coast Sunshine Coast and wider South East Queensland
- Thoughtful industry expertise in small business hospitality health and construction to name a few
- Locally tailored service backed by the national and global reach of MGI
- A proactive approach that helps you get ahead of tax time rather than scramble at year end
- Unified access to services from tax compliance and planning to audit and advisory under one roof
Whatever industry you work in from small business, eCommerce, construction, hospitality, medical and dental to manufacturing, let us help you with your tax return.
Our tax return accountants can help you with company and personal tax returns
Effective tax planning for businesses and high net worth individuals requires specialised advice and expertise along with a clear view of your individual financial situation.
MGI South Queensland’s tax return accountants will help you minimise the tax burden. With significant experience across the whole range of tax issues, we can also help you explore the options for obtaining Government grants as well as family tax planning and company tax planning.
Legally minimise the tax you pay
We’ll work closely with you to ensure we understand your business and identify opportunities to legally minimise the tax you pay.
Avoid unexpected penalties
Accounting and tax laws are notoriously complex and fast-changing. We have the expertise to keep your business safe.
Identify potential exposures
Tax can be a minefield for the unwary. We’ll identify and address exposures to ensure your activities aren’t putting you at risk of significant penalties.
Take advantage of government business grants and tax incentives
Government grants and tax incentives are a great opportunity to inject more cash into your business. We’ll help you to pursue all available opportunities.
Tax returns we can help with
Business tax returns
Managing business tax returns requires specialist knowledge and attention to detail. At MGI South Qld our experienced tax accountants work closely with you to ensure your business structure and transactions are optimised to minimise your tax burden.
We help you generate tax savings through preparing and lodging your business tax returns. We work with you on:
- Anticipating and budgeting for tax bills
- Timely preparation of business tax returns
- Maximising eligible concessions including small business tax concessions, tax concessions for primary producers and family business concessions
- Maximising other tax reduction opportunities
Personal Tax Returns / Income tax reduction strategies
Preparing your personal tax return can be complex. Having a trusted accountant for tax returns means you gain expert understanding of allowable deductions strategies for superannuation contributions and ways to reduce capital gains tax.
We help you take full advantage of opportunities within tax legislation to minimise your personal tax liability. In preparing your personal tax returns we ensure you:
- Maximise family tax concessions
- Take full advantage of income tax reduction strategies including superannuation strategies
- Anticipate and reduce capital gains tax
- Plan ahead to manage future tax liabilities effectively
Frequently Asked Questions About Tax Returns
In Australia you can lodge your tax return yourself through the ATO, use their free Tax Help service if you’re eligible or engage a registered tax agent. A registered tax agent is a qualified professional who can prepare and lodge your tax return on your behalf, often with access to extended lodgement deadlines.
Using an accountant for your tax return offers several advantages. An accountant understands current tax legislation and can ensure your return is accurate and compliant. They may also identify deductions or tax offsets you might miss on your own, potentially increasing your refund or reducing your payable tax. For many people the peace of mind is worth the investment.
You may benefit from using a tax accountant if your situation is more complex than a basic salary and wages return. For example if you have rental properties, business income, foreign income, capital gains or significant deductions it is worth speaking with an accountant. They can also help you avoid mistakes and manage your tax position more strategically.
To prepare for your tax return you will typically need:
- Your Tax File Number (TFN) and personal details
- Income statements or PAYG summaries from employers
- Details of any investment income such as interest or dividends
- Records of other income such as rental income or capital gains
- Receipts or documentation for any deductions you plan to claim
- Health insurance and Centrelink payment summaries (if applicable)
Keeping your documents organised throughout the year will help make tax time easier and more efficient.
There are several strategies you can use to reduce your tax liability, such as prepaying deductible expenses, maximising super contributions and ensuring you claim all eligible deductions. For a full list of tips, visit our guide here:
👉 Top Tips to Reduce Tax
