// OUR SERVICES
What We Provide
Business coaching
Our ultimate aim is to empower you to the point where your business functions seamlessly, even without your constant involvement. We strive to help you reach a stage where you go to work because you want to, not because you have to. With our guidance, you can optimise your business operations, enhance efficiency, and cultivate a sustainable framework that propels your success.
Business coaching is a valuable resource for a wide range of businesses, including start-ups, established companies seeking to refocus for the next phase of growth, and entrepreneurs aiming to streamline and prepare their business for future endeavours such as selling, retirement, or launching new projects. At Sword Advisory, our business coaching services offer tailored support to meet your unique needs and goals.
Through regular weekly or monthly meetings, we delve deep into your business, addressing specific areas of focus in each session while ensuring that all parts of your business align towards the same objectives. As the business owner and controller, you retain full control and leadership, while we provide guidance and expertise to help you concentrate on strategies that create tangible and meaningful impact in your business.
Tax
When it comes to managing tax, proactive planning is always better than reactive measures.
At our firm, we understand the importance of considering the implications of any one-off or high-value transactions before making commitments. We can provide expert advice to ensure you are well-informed and prepared.
Whether you prefer us to handle all your ATO and payroll tax lodgements, or if you'd like assistance in preparing your own lodgements, we've got you covered. Our team is well-versed in all Australian taxes, including income tax, GST, FBT, PAYG, LCT, WET, and payroll tax. Let us alleviate your worries and navigate the complexities of taxation for you.
Free annual business strategy meeting
Face-to-face or video conference meetings are the most effective means of communication.
To ensure we understand your business needs and goals, we offer a complimentary one-hour scope meeting.
This allows you to communicate your vision and goals to us so we can help you plan an integrated tax strategy and provide suitable services for the coming year.
Accounting
Our team specialises in financial accounting services, including the preparation of Special Purpose Financial Statements tailored to businesses with a turnover of up to $20 million.
In addition to financial accounting, we provide expert management accounting services that encompass a wide range of subjects and objectives. Through detailed analysis and reporting, we empower businesses to make strategic and informed decisions.
Whether it's budgeting, cost analysis, performance evaluation, or any other management accounting needs, we are here to assist you every step of the way. Let us help you drive your business forward with insightful financial and management accounting expertise.
Bookkeeping
Our goal is to provide you with regular reports and timely insights to support your financial decision-making. With our expertise in Xero and commitment to excellence, you can trust us to deliver reliable and professional bookkeeping services that align with your business objectives.
We provide comprehensive bookkeeping services utilising Xero accounting software. Whether you prefer a hands-off approach or want to actively participate in managing your customers and debtors, we offer flexible solutions tailored to your needs.
Our dedicated team understands that high-quality bookkeeping relies on accuracy, timeliness, and consistency. To ensure these aspects, we strive to assign the same experienced professional to handle your bookkeeping. This approach enhances accuracy and maintains continuity in your financial records.
We go the extra mile to maintain the integrity of your financial data. Before any reporting or tax preparation is performed, your bookkeeping records undergo meticulous inspection by our qualified tax accountants. This process ensures that your financial statements are accurate, reliable, and compliant with regulatory requirements.
Cash flow analysis business planning
By embracing a forward-thinking approach and staying ahead of the curve, you position yourself for success in a rapidly evolving business landscape. Let Sword Advisory be your partner in guiding you towards a future of growth, adaptability, and sustainable achievement. Together, we'll help you chart a course that leads to long-term success.
In times of change or growth, it's important to recognise that taking a sideways step can be more beneficial than blindly charging ahead into potential obstacles.
By engaging in ongoing strategic planning and forecasting, you gain valuable insights into your goals, the needs of your clients, the competitive landscape, and your available resources. This heightened understanding allows you to allocate your resources in the most effective and efficient manner to achieve your objectives.
ASIC lodgement services
ASIC like to be kept updated about all changes to the company and Directors in a timely manner in the format specified by them.
At Sword Advisory, we are registered ASIC agents, equipped to handle the ongoing maintenance of your corporate binders and ensure compliance with regulatory requirements. You are not adding value to your business by doing this yourself. Our services include managing and updating your ASIC and ABR registers, as well as handling the necessary annual compliance reports.
By entrusting us with your corporate binders and compliance obligations, you can have peace of mind knowing that your company's records are meticulously maintained and up to date. Our experienced team stays abreast of the latest regulatory changes and requirements, ensuring that your company remains in good standing with ASIC.
From filing annual reports to making necessary updates to your corporate registers, we handle the administrative tasks associated with corporate compliance, allowing you to focus on running your business.
Payroll processing services
Payroll is constantly changing, complex and risky activity which can take up valuable time. Life is too short to do payroll.
We offer comprehensive payroll processing services for your employees on a regular basis. As part of our commitment to quality and compliance, we conduct annual testing of payroll to ensure that minimum conditions are met. If there is a variation from an award or a specific request, we advise seeking legal guidance to ensure compliance with the offer and employment contract before proceeding.
Our payroll services are provided through Employment Hero or Xero payroll software. For non-salaried workers, we utilise timekeeping software installed on employee phones to record accurate time sheets, which you can review and approve. This software also integrates GPS location data to validate that employees are present at the designated work location when logging their time.
We meticulously record the payroll details and provide comprehensive reports for your review and payment processing. With your approval, we handle the payroll lodgement with the Australian Taxation Office (ATO) and distribute employee payslips accordingly.
Establishment of companies and trusts
We're able to establish a range of business structures involving sole traders, partnerships, proprietary limited companies and trusts.
By strategically combining these different structures, we can help you achieve specific goals related to tax optimisation, inheritance planning, and asset protection. Our team of experienced professionals will work closely with you to understand your unique circumstances and design a customised structure that aligns with your strategic objectives.
With our in-depth knowledge of business structures and their implications, we can guide you towards the most suitable arrangement that maximizes benefits while minimizing risks. Let us assist you in establishing the ideal business structure to support your long-term success and protect your interests.
Payroll Tax
Payroll tax is an additional tax that businesses are required to pay to their local state or territory revenue department. It becomes applicable when the total payroll costs, including wages, allowances, superannuation contributions, and directors' fees, exceed a specific threshold determined by the respective jurisdiction.
Managing payroll tax can become more complex when you have employees in multiple states and territories.
It is crucial to pay close attention to the payroll tax thresholds, especially if your ordinary wages are approaching or exceeding $850,000. By understanding and considering these thresholds, you can effectively manage your payroll tax obligations and ensure compliance with the relevant regulations.
At Sword Advisory, we can provide guidance and support in navigating the intricacies of payroll tax, helping you stay informed and make informed decisions to optimise your tax planning strategies.
