How does Prestige Accounting Solutions provide services to clients without face-to-face contact?

Prestige Accounting Solutions provides services nationally via an efficient ‘remote’ process using a range of technologies.

Clients do not need to see their accountant face-to-face.  With email, website systems, fax and telephone an efficient accountancy service is provided remotely.  This saves the client time and money.

If you are entitled to a refund, you can nominate to receive a refund cheque or have the amount directly credited to your bank account.

There are a number of ways to minimise the accounting fees you pay, including:

• speaking with your accountant prior to entering any new financial commitments involving a contract.  This will ensure the proposed structure of the arrangement is considered from an accounting perspective,
• keeping good financial records, including cheque butts, invoices, receipts, contracts, etc.  It is also cost effective to keep all records in chronological order (saving your accountant's time saves you money). 
• using a bookkeeper on a regular basis to update a computerised accounting package, such as MYOB or QuickBooks, and
• supplying your accountant with all of the requested information upfront, to remove the need to be contacted repeatedly.

Both individuals and business owners can use the services provided by Prestige Accounting Solutions. 

Prestige Accounting Solutions can work with most packages and will not refuse clients based on their chosen software package.

Prestige Accounting Solutions provides most taxation and accounting solutions.  Please visit the Services page to find out more.

Yes, you can receive professional advice prior to ‘Tax Time’.  The services of Prestige Accounting Solutions are available all year round. 

The answer to this question depends on your situation.  However as a guide, Prestige Accounting Solutions may require some, or all, of the following information:

• your basic personal details, such as address, contact details, etc.
• PAYG Payment Summary Form
• last year's tax return
• Centrelink payment form (Pensions, Newstart, Austudy, Sickness Benefits)
• eligible termination forms
• interest income received
• dividend received
• other Australian pensions or annuities
• overseas pensions and income
• rental property income and expenditure (include depreciation schedule)
• partnership/ trust distributions
• business income and expenditure other than rental property
• details of the sale of property or other investments
• any other income
• work related expenses
• other work related travel expenses
• work related uniforms (state whether occupation specific or protection clothing), laundry and dry cleaning expenses
• work related self education expenses
• other work related expenses
• interest and dividend deductions (e.g. subscription to invest. magazine)
• gifts and donations
• cost of managing tax affairs (previous tax agent/accountants fees)
• superannuation contributions
• any other deductions
• private health insurance details
• nett medical expenses over $1500
• details of HECS debt

Most individual rental property tax returns are completed and lodged within 72 hours of receiving all of the required information from you.

Refunds are usually issued within 14 working days after lodgement (subject to Australian Taxation Office processing time).