Welcome to Glance Consultants

At Glance Consultants our experienced team is committed to providing a personalised service to meet our clients’ diverse needs. We offer up-to-date, tailored advice and take great pride in ensuring our clients are well-equipped with the knowledge & skills they need to succeed. Read More

Get in touch for personalised advice tailored to your business Contact Us

Glance Consultants Chartered accountant Ashburton – offer a range of accounting, taxation & business advisory services to businesses, individuals & SMSF clients. We are here for all your accountancy, bookkeeping and business advice needs. You can rely on Glance Consultants chartered accountants to take care of your finance requirements

Our Services

We provide a tailor made service to our clients to meet their specific needs.

Business Taxation Services

  • Business Taxation Advisory & Planning
  • Taxation Audit Support and Australian Taxation Office Liaison
  • Preparation & Lodgement of Annual Taxation Returns

Business Advisory

  • Management & Financial Reporting
  • CFO Services
  • Strategic Business Advice & Planning
  • Due Diligence Process – Purchase of Business
  • Cashflow Management, Forecasting and Budgeting expertise

Individual Taxation Services

  • Taxation Advice & Planning
  • Preparation & Lodgement of Annual Taxation Returns
  • Taxation Audit Support and Australian Taxation Office Liaison

Self-Managed Super Fund
Taxation

  • Formation of Self-Managed Superannuation Funds including all required registrations
  • Financial Statements and Returns including the preparation of Annual Accounts, Member’s Statements, Income Tax and Regulatory Returns
  • Self-Managed Superannuation Fund Audits

Audit and Assurance

  • Self-Managed Superannuation Funds (“SMSFs”)
  • Owners Corporations
  • Solicitors’ Trust accounts/External Examination for Lawyers
  • Real Estate Agents’ Trust accounts

Bookkeeping Services

  • Xero Accounting Software Integration
  • Bank account and credit card reconciliations
  • BAS Services
  • Payroll Services

Wealth Creation & Risk
Management

  • End to end Financial Planning
  • Residential, Personal and Business Finance
  • Insurance
  • Property

Latest News

Understanding Payroll Tax

November 20, 2020

Guide to estate planning

November 12, 2020

How to sell your business during a pandemic

November 4, 2020

Have you been considering the same thing but don’t know how to go about it? Before doing anything else, here are some things to think about to prepare yourself for the process.

Client Testimonials

Glance Consultants provided us with invaluable guidance in setting up our unit trust and corporate trustee. We also use their expertise on an ongoing basis for both our business and individual accounting needs. Kavi and the team are always ready to answer our questions. We have no hesitation in recommending their services.

Mustardseed Capital

Just wanted to mention how happy I was with your service. Thank you very much for your quick turnaround and a very healthy return, appreciate that you made it so simple and painless. Highly recommend to anyone else who is interested in getting their tax done .

Brian

Understanding Payroll Tax

 

Many business owners find payroll tax confusing. Some common questions they ask are “when should I pay payroll tax,” “how do I pay for it,” and “how do I calculate payroll tax.”

Let’s get up to speed as we answer some frequently asked questions about it. 

How does payroll tax work? 

Payroll tax is a type of state based tax that’s calculated on your business’s monthly total wages. If you plan to have employees in different states or territories, keep in mind that payroll tax varies — depending on where your employees are located. 

Should I register for a payroll tax? 

Not all businesses need to pay payroll tax. To determine whether you need to register, calculate your total wages paid. If you wage costs exceeds $54,166 in a month (Victorian threshold), then you will have to register. To do so, create an account via PTX Express and complete the application process. 

Once you have submitted your application, it could take about 14 days for the process to complete. However, if the SRO needs more information, it may take up to 30 days. 

When is my due date and where can I pay?

The deadline for lodging your monthly return and payment is one week after the month closes for the particular return. If you don’t have payroll tax payable for the month, you would need to lodge a “nil” return through PTX Express.

I made a mistake when I lodged our monthly return, could I still make changes? 

Yes. If you need to change anything on your monthly return, you can override it by lodging a replacement return for the month. 

What happens if I fail to pay our payroll tax?

If you fail to settle your business’s monthly payroll tax obligation, you will receive a default assessment. This includes an interest fee and penalty. 

The same goes when you pay after the deadline. You will incur interest and penalties.

Payroll tax doesn’t have to be complicated. But it does require you to lodge your monthly return on time and accurately. 

Glance Consultants can assist with your payroll tax obligations. If you need help with yours, call 03 9885 9793. You can also reach us at enquiries@glanceconsultants.com.au or fill out our contact form.

 

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