Our Company

About Us

We specialise in providing a range of services for Business, Companies, Individuals, Trusts, Partnerships and Super Funds.

Our team has many years' experience assisting business owners in all aspects of business from accounting and taxation to ongoing management advice and growth achievement. We work with clients from a broad range of industries and can improve your knowledge and financial position by guiding you through the Australian business system.

We are members of the ICAA (Institute of Chartered Accountants in Australia) and are subject to strict ethical, quality and training regulations in order that the best service can be provided to clients.

Services we offer

Services we offer include:

  • Income Tax return preparation and advice
  • Financial Statements
  • Business Advice
  • BAS / GST
  • Bookkeeping
  • Finance assistance
  • Cash Flows and Budgeting
  • Business Valuations
  • Business Purchase / Sale advice & project management
  • Benchmarking
  • Business Planning / Management / Support
  • Business Improvement Coaching

Benefits to you:

  • Knowledge
  • Ability to make relevant decisions
  • Lifestyle
  • Opportunity to improve your profits
  • Improve your business value
  • Make your business work for you
  • Peace of mind
  • Compliance with legislation
  • Improved chances of Financial success
  • Improved relationships with financiers

WHERE WE ARE LOCATED

Located on the outskirts of Adelaide CBD at Kent Town FIRST CHOICE ACCOUNTING will assist you with all of your accounting needs. To see a map of our location click here.

RECENT NEWS

Changes to the super guarantee and upper age limit

From 1 July 2013 the super guarantee increases to 9.25% and the upper age limit has been removed. This means employers may need to make super guarantee payments for...

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Medicare levy increase affects small business

The Medicare levy increase – from 1.5% to 2% – will effectively bring the top marginal tax rate to 47%. This will not only impact...

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Changes to simpler depreciation rules

The small business instant asset write-off threshold has been increased from $1,000 to $6,500 for the 2012-13 income year. As a result, small businesses can claim an accelerated initial deduction...

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BAS/GST/Bookkeeping

The ATO require all business to constantly report information to them via Business Activity Statements, Instalment Activity Statements and annual income tax returns. A robust bookkeeping system is an essential basis for the provision of these reports. Without accurate and timely reports the ATO have the power to impose penalties that could have been avoided.

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Negative Gearing

Negative gearing is a form of leveraged speculation in which you borrow money to buy an asset, but the income generated by that asset does not cover the interest on the loan (Interest > Income). In general, the deficiency is used to reduce the tax you must pay on income from other sources.
Like most things there are also downsides to negative gearing...

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SALARY SACRIFICE

A salary sacrifice arrangement is also commonly referred to as salary packaging or total remuneration packaging. It is an arrangement between an employer and an employee, where the employee agrees to forgo part of their future entitlement to salary or wages in return for the employer providing them with benefits of a similar value.

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SMSF MANAGEMENT

Remove the hassle out of running your SMSF and engage us to do everything for you. Take comfort knowing that we, along with the trusted qualified advisors (auditor, financial planner) we have a long history with, care about you and will do all we can to ensure you spend less time worrying about taxation/compliance/legislation and more time enjoying your retirement!

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