Do you handle company, trust and partnership returns?

Yes - all business structures, plus the individuals connected to them, prepared together.

When should the return be lodged?

Through a tax agent you generally have until the following May; we manage the timetable so you're never late.

Can you do tax planning too?

Yes - that's where the value is. We plan before 30 June, then prepare the return after year-end.

What happens if I miss a trust distribution resolution?

The trust can be taxed at the top marginal rate on that income. We make sure the resolutions are done before 30 June so it doesn't happen.

We're behind on prior years - can you help?

Yes - catching up overdue returns is a normal first step, and we get you back in the clear.

Business Tax Returns

Company, trust and partnership returns prepared together with the individuals behind them – so income, distributions and franking line up, and the planning that saves money happens before year-end.

Book a Chat Call (07) 5593 6060

How we help — at a glance

What we prepare and lodge:

✓Company, trust & partnership returns

✓EOFY accounts for the whole group

✓BAS & GST

✓Dividend & distribution planning

✓Tax planning before 30 June

✓Year-round advice

Book a chat (07) 5593 6060

Returns prepared as a group, not in isolation

Most of our business clients run more than one entity – a company, a family trust, sometimes an SMSF and the individuals behind them. We prepare them together so income, distributions and franking are handled consistently and nothing is taxed twice or missed between returns. Prepared in isolation, the same set of entities can easily produce a worse tax result for no good reason.

What goes into your business return

A business return is more than a form. Before it’s lodged we prepare your year-end financial statements, reconcile the accounts, and work through the items that move real money:

Depreciation and any instant asset write-offs
Division 7A loan accounts and minimum repayments
Franking and how dividends are taxed in the owners’ hands
Trust distributions and the resolutions behind them
Carried-forward losses and how they’re applied

Getting these right is most of the value in a business return – and most of where a rushed job goes wrong.

The return is the last step, not the only one

By the time a return is lodged, the year is done. The value is in the planning before 30 June – timing, distributions and structure. We do that work with you during the year, then prepare the returns after year-end so there are no surprises and no scramble.

Trusts, distributions and the 30 June deadline

If you operate through a trust, the distribution decisions have to be documented before 30 June – not worked out months later at tax time. Miss it and the trust can be taxed at the top rate on income that should have flowed to beneficiaries. We make sure the resolutions are done properly and on time, every year.

Common questions

Do you handle company, trust and partnership returns?: Yes – all business structures, plus the individuals connected to them, prepared together.
When should the return be lodged?: Through a tax agent you generally have until the following May; we manage the timetable so you’re never late.
Can you do tax planning too?: Yes – that’s where the value is. We plan before 30 June, then prepare the return after year-end.
What happens if I miss a trust distribution resolution?: The trust can be taxed at the top marginal rate on that income. We make sure the resolutions are done before 30 June so it doesn’t happen.
We’re behind on prior years – can you help?: Yes – catching up overdue returns is a normal first step, and we get you back in the clear.

General information only – not financial or legal advice. Thresholds and tax rules change; confirm current requirements or speak to us before acting on anything you read here.

What Our Clients Say

Chris and the team have offered constant and ongoing advice and support as we’ve faced the challenges of a fast-growing business. QC Accountants have been able to keep up with us and guide us each step of the way. QC’s highly experienced and friendly staff have a deep understanding of our business’s unique needs and are an absolute pleasure to work with. I’d recommend QC to anyone as they’ve always been there offering excellent support whenever needed.

When purchasing our business Chris from QC Accountants provided a comprehensive due diligence report and this report was crucial in understanding the business we were purchasing. We then used this information to negotiate the purchase price. He also assisted with providing documentation to the bank to help secure our business loan. The past 18 months during COVID have been challenging, Chris’s ongoing support, help and advice has been priceless during this difficult period. QC Accountants took the stress away when applying for Job Keeper, cash-flow boost and Government grants. AC Fitouts is extremely happy with Chris and the team at QC Accountants. They are wonderful to work with and I would highly recommend their services. They are professional, knowledgeable, reliable and friendly.

QC Accountants has been of great assistance to my business in setting up and implementing an efficient accounting system which has permitted strategic decision making surrounding marketing, service expansion and investments. They have great communication, a friendly and down to earth team, and are transparent and always willing to assist or provide advice when needed. QC has an array of services which were tailored to our individual business needs, not to mention competitive pricing.

QC Accountants have been instrumental in the growth and streamlining of my business. They have assisted me with tax grants that I would have otherwise not known about or been unable to complete alone. The team at QCA are very responsive, friendly and patient. If I have a problem or question, they are onto it right away. I would recommend them to everyone because they are an honest and local business that you can trust.

QC Accountants were a shoulder to lean on in our early days, helping and guiding our business to meet all our regulatory and financial obligations. They kept their steady hand on the tiller, playing the role of Chief Financial Officer, from financial modelling, budgeting, bookkeeping, financial accounts preparation, board management accounts, liaising with our auditors - nothing was too much. This allowed us to focus on growing our business with their financial input which was invaluable! Their accessibility, their willingness to listen to our particular needs and coming up with a solution is first class. For any business out there that doesn't have the ability to have a dedicated Financial Director then appoint QC Accountants. They will get the job done and give you back the time to focus on what is important to you and your business.

QC Accountants have been a great foundation of knowledge and support for us as new business owners. I'm able to call or email anytime with the same day turnaround and there is always someone on hand to help navigate any issues within the business. There is never a problem too big or small! I would recommend QC Accountants because they are relatable, reliable and efficient. As a new business owner learning the ropes, it is really nice to be able to call and have someone teach me the process in how they solved an issue so I can learn along the way. I've always felt like there are no silly questions and we are all part of a team.