Real estate agents are liable to pay GST on their services, such as property inspection fees, agency commissions, statement and administration fees and letting fees, as well as lease preparation fees which you charge the landlord for.
Due to the complexity involved with the use of a statutory trust account in a real estate agent’s business, the accounting aspect needs special attention. Also, accurate bookkeeping will go a long way in ensuring compliance with real estate trust account audits.
We currently hold bookkeeping, tax and audit assignments for many real estate agents in Melbourne and are confident of being able to provide tailor made services suited to your requirements.
Whether you have a real estate franchise or operate under your own brand, we can confidently carry out all of your bookkeeping and accounting administration tasks for you, including the EOFY Audit.
We provide the following services:
- Tax Returns
- Setup of a suitable structure, company, trust, unit trust and so on.
- Preparation of business activities statements
- Tax planning
- Business plans
- Preparation of Financials.
- Payroll & PAYG summaries.
- Business Advisory services