If you are a small business owner, then you know that tax time can be an incredibly busy time of year! If you’re looking for an easier way to manage your end of financial year reporting and prepare and lodge your tax returns, then you can get peace of mind with one of Canberra’s best tax accountants.
Small businesses, property investors and sole traders will often engage the services of a tax agent to lodge tax returns, but accountancy firms can also help to analyse your statements and expenditure at tax time, to provide professional advice on the most suitable way to structure your finances to maximise your return.
The best tax accountants are incredibly knowledgeable about various industries and the types of claims or deductions that you can make for your specific company or job. This can help you keep your financial records in order, but it can also help you get a larger tax refund.
Skip to the list of Canberra's best tax accountants
- Aero Group
- Callaghans
- AdvisorCorp
- KLK Accounting
- RSM Australia
- Solution In Accounting
How much does a tax accountant cost in Canberra?
Tax accountants in Canberra can vary in price, depending on whether you are looking for just tax return filing, or whether you would also like them to review your financial records and provide financial advice. You can expect to pay somewhere between $75 and $200 for a small business tax fee, but a complex tax job requiring extensive financial advice could cost over $1000.
When it comes to hiring a tax accountant, it’s important to remember that a quality tax accountant can end up saving you money at tax time greater than their fee, so it’s a worthy investment!
What’s the difference between an accountant and a bookkeeper?
Bookkeepers and accountants are both a very important part of your financial management. Bookkeepers are focused on record keeping and organising your company’s financial records, and can manage your ongoing business finances like payroll, invoicing and processing receipts and bills.
Accountants take the financial data that is gathered throughout the year by bookkeepers, and use the data for tax return filing, the preparation of financial reports and recommendations, and budgeting or forecasting activities. Tax accountants can also arrange audits with taxation authorities.
Depending on the size and structure of your business, you may find that you need the services of both a tax accountant and a bookkeeper. Or you may find that you are able to handle the record keeping and filing throughout the year and simply need assistance with the interpretation and filing at the end of the financial year.
If you are looking for other great businesses in Canberra, check out some of our other articles on Canberra’s best insurance brokers, Canberra’s best bookkeepers, Canberra’s best financial planners and Canberra’s best business advisors.
The best tax accountants in Canberra 2024
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When looking for a tax accountant in the Canberra region, check out our list of the best local businesses below.
Aero Group
Aero Group work with individuals and businesses to maximise their financial potential, priding themselves on their ability to provide a personalised tax experience for each of their clients.
They are not the typical tax agent that file your taxes once a year with no ongoing updates, instead they ensure the best results for their clients through ongoing support and guidance. Aero Group provides in-office tax services, free tax assessments, online tax services, multi-year tax returns, under 21 tax returns, tax checklists, an online tax calculator and more.
The team of experienced accountants at Aero Group have all the necessary qualifications to handle any accounting task. They take the time to understand their clients needs to help customers reach their true financial potential.
Aero Group aspires to help clients in all things money related and offer great services at reasonable prices. Book a consultation with one of their team members and let them come up with the right solution for your needs.
Auretta left this five star review on Google: “Such a great experience with Aero Accounting Group! I didn’t have to worry about anything, as they were so reassuring and definitely felt I was good in hands! Quick and efficient responses!! – always a plus!”
Callaghans
Callaghans has been part of the Canberra accounting scene for over 50 years, first opening their doors in 1974. They work closely with businesses and individuals to deliver outstanding results and build long lasting relationships.
Callaghans offers a broad range of services including accounting services, business services, self-managed super funds and financial planning. They have dedicated teams who specialise in their core services to ensure you are dealing with experts in the field.
Along with tax returns, their expert team also do much more than that, working with you to create sustainable wealth through collaboration and discussion.
On Google, Julian Wong left this five-star review: “I have been a returning customer for a number of years. The team at Callaghans is great. They are very quick at communication and efficient in supporting me and my family. They have been very professional and always provide the most honest solution to my situation.”
Vivid Chartered Accountants
Vivid Chartered Accountants was established in 2015 with a passion to provide the Canberra community with sound taxation advice through their extensive knowledge and innovative solutions.
They offer a range of tailor-made services for both businesses and individuals that are created to help you reach your financial goals.
Solution In Accounting
Solution In Accounting are a Canberra based firm that provide high quality and customized services to individuals and businesses.
With over 12 years experience in the industry, their experienced team can help you plan ahead to help reduce your taxes and also lodge a comprehensive tax return for you.
AdvisorCorp
AdvisorCorp aim to simplify compliance and offer value-based accounting, taxation and financial services to clients in the Canberra region.
They provide tax services to both individuals and businesses, helping you or your business make the best financial decisions possible.
RSM Australia
RSM’s team of Canberra-based professionals have offered a full suit of corporate and advisory services to local individuals, business owners and organisations for over 30 years.
Not only do they have incredible local knowledge, but they can also draw on their global network to help enhance your business, reduce costs and find efficiencies.
KLK Accounting
KLK Accounting are a small firm that look after the needs of both individuals and companies in the Canberra community.
They offer affordable tax returns and services with student tax returns costing $65 and adult tax returns from $99.
Frequently Asked Questions
What does a tax accountant do?
A professional tax accountant is responsible for a number of different things, including analysing financial matters and preparing, submitting and managing tax statements and returns for businesses and clients. They should all be fully versed in tax law as well to make sure you don’t get into trouble.
Is it worth getting a tax accountant?
Using a quality tax accountant will help you alievate some stress and worry when it comes to making sure your financial matters are in check. They will also make sure your tax returns are in perfect order before being finalised and sent off.
Can tax accountants help me save money?
While hiring a tax accountant is obviously an added expense, for some people, they can actually help you save money. They can do this by finding ways to save you money on your taxes or helping with other financial advice.
How much does it cost to hire a tax accountant?
This will depend how much work you require the tax accountant to do and which service you need from them. You should make sure to do some research on how much each different tax accountant will charge before you make your final decision.
What services can a tax accountant provide?
Tax accountants offer a wide range of services, including tax return preparation, tax planning, tax consulting, representation in tax audits or disputes, financial statement analysis for tax purposes, assistance with payroll taxes, assistance with tax deductions and credits, and keeping clients informed about changes in tax laws and regulations.
