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Simple Answers

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ABN

83 605 057 998

Business contact details

Address:508, 5 Celebration Drive, Bella Vista, Bella Vista, NSW

Website:http://www.simpleanswers.com.au

Business description

We offer simple, innovative yet effective solutions to accounting, taxation, superannuation and business services matters. Be it cloud accounting, implementing tax planning strategies or setting up business structures, we provide hands on comprehensive services. Some recent projects completed include: 1. Cloud Accounting - Enabling several small / medium businesses such as franchise owners, petrol stations, dental surgeries etc to setup their accounting and payroll on cloud systems, resulting in substantial time and cost saving. 2. Property Syndication - Facilitating groups of investors to participate in property development through advise on effective legal structures, analyzing cross border tax implications for overseas investors, liaising with Foreign Investments Review Board, reporting and maintaining regular communication with investors / developers / financial institutions. 3. ATO risk review - Successfully liaising with the Australian Tax Office in relation to risk reviews for multi-national corporations. Attending to ATO’s information requests, managing prompt submission and maintaining consistent follow up. 4. Private Binding Rulings from ATO - Successfully negotiating Private Binding Rulings through appropriate submissions, technical research and consistent follow up. 5. And of course - day to day business services such as Accounting, Business Activity Statements, Self-Managed Superannuation Fund compliance and audit, and much more. The Principle is backed by over 15 years’ experience in the accounting profession including significant time with boutique accounting firms and a Big 4. With this varied and extensive experience comes the confidence to deliver solutions properly and effectively.

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Qualifications

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Frequently asked questions

  • Are you an insured business and do you guarantee your work?

    Yes, we are insured. We have professional indemnity insurance as well as public liability insurance. Our industry does not deliver "products", hence we cannot guarantee the service. However we do take responsibility for our work as we are required to adhere to various industry standards in maintaining ongoing certifications / qualifications.

  • Do you have a favourite customer story you would like to share?

    A client operating two gas stations approached us with 2.5 years backlog of accounting work. The volume of transactions was enormous (over 300 entries per day). Clearly their current accounting software and systems were not working. We recommended a software, activated direct bank feed, setup reporting templates and filing systems. The backlog was cleared within a few days. As of now, it takes 4 hours every quarter to bring the accounts up to date.

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