Although Greater Springfield was only founded in 1993 by Maha Sinnathamby and Bob Sharpless, it had an estimated population of approximately 30,000 by 2013 and is Australia’s largest master planned community. With the population estimated to reach 105,000 by 2030 and comprising the suburbs of Springfield Lakes, Brookwater, Augustine Heights, Springfield Central, Springfield and Spring Mountain, Greater Springfield also has a rapidly growing education and commercial centre surrounding Orion Shopping Centre.
With our head office located in nearby Forest Lake, Total Tax is conveniently located for local residents and offers expert accounting and tax advice to residents and businesses in Springfield and Springfield Lakes, including:
Single Touch Payroll (STP): there are two exceptions (remote businesses with limited internet access and businesses such as harvesters that have employees for a very limited period each year) but STP is compulsory for businesses with 20 or more employees (as of July 1, 2018) and for businesses with less than 20 employees (as of July 1, 2019). STP requires payroll to be processed online via appropriate software, so if you don’t already comply with STP requirements, you need to seek advice as soon as possible.
Tax Advice: Total Tax has a team of qualified accountants experienced in providing comprehensive tax advice for individuals and businesses that will maximise your tax returns.
Business Development: small businesses often struggle to grow because they are unable to manage their accounts or provide detailed information about their operations to potential partners, lenders or investors. As specialist small business accountants, Total Tax provides Springfield Lakes and Springfield businesses with cashflow statements, debtor management, creditor management, due diligence, business valuations, business development and advisory services to help your business thrive.
Bookkeeping: the introduction of compulsory Single Touch Payroll (STP) has made accurate, timely bookkeeping more important than ever for businesses. Even sole traders without employees will benefit from our comprehensive bookkeeping service that allows you to focus on your areas of expertise while at work – and enjoy your free time after hours!
SMSF Set-up: because Self-Managed Superannuation Funds (SMSF) continue to increase in popularity – there are now more than one million SMSFs in Australia – Total Tax’ services include the set-up and ongoing advice regarding SMSFs.
SMSF and Trust Fund Audit: Total Tax is a registered SMSF auditor that can provide auditing services to financial services and accounting firms and trustees of self-managed superannuation funds.