Tax Consultants in Cairns
Accurate Tax Services for Businesses
At Eacham Accounting and Audits, we provide professional tax services to individuals and businesses in Cairns and The Tablelands, helping clients navigate tax obligations with clarity and confidence.
For businesses, tax responsibilities go beyond filing annual returns. We assist with GST reporting, PAYG instalments, BAS lodgements, and compliance checks, ensuring businesses meet their Australian Taxation Office (ATO) obligations. Our team provides structured tax planning to help businesses identify deductions, tax offsets, and efficient financial strategies while ensuring full compliance with tax laws. Whether you're a sole trader, partnership, company, or trust, we tailor tax solutions to meet your specific needs.
Individuals benefit from personalised tax return preparation, ensuring they maximise deductions while remaining compliant. Whether managing salary income, self-employment earnings, rental properties, or investments, we prepare returns with accuracy and efficiency. We also provide tax guidance for individuals planning for future financial decisions, ensuring they meet their obligations while making the most of available tax benefits.
We stay informed about current tax regulations, ensuring clients receive accurate, up-to-date advice. Call 07 4095 1499 today to speak with a qualified tax professional about your tax obligations and financial planning. We service clients throughout Cairns, the Tablelands, Cape York and the Cassowary Coast.
Accurate Tax Lodgments, Stress-Free Finances
Frequently Asked Questions
What is a tax return, and do I need to lodge one?
A tax return is a report of income, expenses, and deductions submitted to the Australian Taxation Office (ATO) to determine tax obligations.
Most individuals earning above the tax-free threshold ($18,200) must lodge a return. Businesses and self-employed individuals also need to report their income annually.
What happens if I miss the tax deadline?
The tax return deadline for individuals is 31 October if self-lodging or later if using a registered tax agent. Missing deadlines can result in ATO penalties or interest charges. If you’re unable to lodge on time, it’s best to contact the ATO or seek professional advice to avoid fines.
What records should I keep for tax purposes?
Taxpayers should keep income statements, invoices, receipts, bank statements, and work-related expense records for at least five years. Businesses need detailed financial records, including payroll and GST documentation. Keeping organised records helps in case of an ATO audit and ensures accurate tax return preparation.
Tax Compliance & Planning Support
Proper tax management ensures businesses and individuals meet their obligations while avoiding unexpected tax liabilities. Our tax services focus on compliance, efficiency, and long-term financial planning, ensuring clients remain informed and financially prepared.
For businesses, we offer structured support for BAS lodgements, GST reporting, PAYG withholding, and financial statement reviews. By ensuring tax records are accurate and up to date, businesses can avoid errors that could lead to penalties or unnecessary financial strain. We also provide guidance on legally minimising tax liabilities, helping businesses make informed decisions about deductions, tax credits, and financial structuring.
Individuals require tax planning tailored to their specific financial situations. We assist with salary-based tax returns, self-employment tax obligations, rental income reporting, and investment earnings. By ensuring tax returns are accurate and compliant, individuals can avoid common errors while making the most of available tax benefits.
Tax laws and reporting requirements frequently change, making professional guidance essential. We help clients understand how updates to tax deductions, superannuation rules, and compliance requirements may impact their financial position.
Tax compliance does not have to be overwhelming. With our tax preparation, compliance support, and strategic planning, individuals and businesses can manage tax obligations with confidence and accuracy. You can find out more about our auditing services here.
