Tax Compliance And Tax Planning

Tax Compliance And Tax Planning in India

Tax Compliance

Need help getting on top of your tax?

Accounting and tax can feel like a burden for business owners. We see it differently — as an opportunity to unlock key financial insights and use them to make better business decisions.

Think all accountants are pretty much the same? We're here to prove you wrong. Frequent changes to tax legislation mean your business needs an accountant who's both informed and agile. At EKNIK Chartered Accountants, we look for opportunities, limit your exposure to risk, and help your business grow.

We help you legally maximise deductions while ensuring you meet all compliance requirements — avoiding fines and audit risks. We also help set up tax-effective structures and manage communications with the ATO on your behalf.

Using the latest cloud-based technology, we deliver essential business services tailored to you — whether you simply need an Income Tax Return lodged, or you're a time-poor small business owner needing bookkeeping, financials, and tax returns handled end to end.

Tax

We can help you manage:

  • Income tax returns for all entity types
  • Activity statements, including BAS and IAS
  • Your relationship with the ATO
  • Salary packaging
  • Fringe Benefits Tax (FBT)
  • Taxable Payments Annual Report (TPAR) reporting
  • Payroll tax
  • Superannuation Guarantee compliance

Bookkeeping

We can free up your time and take the pain out of paperwork with our bookkeeping service — giving you back the time to focus on what you do best.

With our Chartered Accountants and Xero Certified Advisors on your side, you'll have real-time, up-to-date visibility of your cash flow and financial position — helping you make the most informed, effective decisions for your business.

Every aspect of your bookkeeping is handled by degree-qualified staff, working in close coordination with a Chartered Accountant, to give you the sharpest insights possible.

Our accurate, reliable bookkeeping helps you closely monitor your cash flow and financial position, empowering you to make evidence-based decisions with confidence.

Payroll

Payroll is a complex and time-critical issue for many businesses. Given the number of high-profile employers recently identified for underpaying staff, it's little wonder small businesses feel anxious about getting it right.

We've helped our clients improve payroll accuracy and make the most of their accounting software — reducing the time it takes to process each pay run.

Tax planning

Our tax planning and business advisory specialists work together to develop the best strategies to minimise your tax liability.

We help manage your cash flow by:

  • Identifying legal, feasible ways to improve your tax and cash position
  • Giving you accurate insights into your financial performance, with peace of mind that everything is up to date
  • Setting up the most effective tax and deal structures for buying or selling a business or investment properties

Our effective taxation strategies don't just minimise your tax — they also provide asset protection and, with the right business structures in place, enable effective family succession planning. Our proactive approach means we deliver innovative, tailored solutions, ensuring you're not just up to date, but well prepared to capitalise on new opportunities with strategies built for your future obligations.

Getting the right advice from the start can prevent small issues from becoming major problems — like a dispute with the Australian Taxation Office. With our big-picture view, we make sure every aspect of your tax affairs is carefully considered and effectively managed.

whatsapp-app