Dixon and Doshi Chartered Accountants

ABOUT US

“CUSTOMER IS AT THE CENTER OF OUR BUSINESS”

We at Dixon and Doshi go above and beyond standard taxation and accounting compliance, we look for opportunities, creative ideas and smarter ways of doing business.

 

Dixon and Doshi is a Chartered Accounting firm incorporating Accounting, Taxation and Business Advisory services to small and large corporations Our practice was established in 1988. Over the years we have gained valuable experience in all aspect of small and large business environments. We have always endeavoured to provide excellent service for a reasonable cost. Our success can be judged on the success of our clients in their business.

Further we believe that we need to be a value adding advisor to our clients business and not just be another cost to them.

Technology is at the core of our operations and advice, with the introduction of new systems i.e., cloud based accounting, streamling bookkeeping functions and effective communication through email and social media. We at Dixon and Doshi provide are always in search of new and effective solutions for our client’s accounting needs and advice our clients on new developments which may lead to cost efficient and effective accounting procedures.

Finally Compliance with Law and ensuring that all statutory deadlines are met is our primary focus . We believe a big part of our job is protect our clients from unnecessary non compliance consequences.

 

 

OUR SERVICES

“WE OFFER A RANGE OF TAX ACCOUNTING SERVICES”

We have always endeavoured to provide excellent service for a reasonable cost. Our success can be judged on the success of our clients in their business. We also provide assistance to keep up with latest technology in terms of your accounting needs.

 

LARGE CORPORATIONS

Our intricate understanding of Large Corporations allows us to customize relevant Tax and Financial solutions

Get a second opinion on the Income and Gains accumulating in Non Australian Controlled foreign Companies Foreign trusts containing investment components.

The foreign investment funds (FIF) measures do not apply if a Double Tax Treaty exits to treat that person as a resident of both countries.

Foreign Accruals Systems

Designed to combat profit sheltering by foreign companies and trusts controlled by Australian Residents in low tax countries

Accrual Accounting verse Cash Accounting,

Trading Stock profits

The Capital Gains Tax position of trusts can be quite different to that of individuals, partnerships and companies A Trustee can usually stream a capital gain to a particular unit holder or beneficiary provided that the trust Deed permits a targeting of particular beneficiaries.

 

SMALL BUSINESS

Small Business

Our services includes Business advisory services GST and ABN related matters, Companies, Family and Unit Trust Or Partnerships.

Accounting

We provide training in accounting services, bookkeeping, including preparation of Financial Accounts for Management, Income Tax, Financiers, Banks, Investors and so on.

GST

Training in Excel, MYOB or QuickBooks is available. We do all types of GST Work. That includes, preparation and electronic lodgment of BAS and IAS returns. We can provide specialized cash book Software and custom excel GST programs built for your specific client GST records.

Structures

Secretarial and ASIC Companies, Trust structures, and Partnership are our specialty. We can competently put your business in the right structure.We can maintain company registers, incorporate companies, and attend to all company secretarial requirements.

 

PERSONAL TAX RETURNS

Taxation

We have been extensively involved in all types Income tax returns for over 15 years. We are experienced in all types of entities including Individuals, partnerships, family and unit trusts, companies and Superannuation funds.

Fringe Benefits Tax

FBT is paid by employers on the grossed up taxable value of benefits provided to employees or their associates in respect of their employment. Employees are not assessed on the value of those benefits. Some benefits are exempt from FBT. FBT is payable even if the employer chooses not to claim a tax deduction for the cost of providing the benefit.

Salary Packaging

Arises when an employee agrees contractually to forego part of the remuneration otherwise receivable as salary or wages, in return for the employer providing benefits of a similar value.

 

BOOKKEEPING

Dixon and Doshi can help you to setup a new business or cleanup your existing company file that has not had professional help. We can setup the reporting and systems needed to understand your business better. Your Dixon and Doshi Bookkeeper can create a budget and projections so that you can forecast and plan properly. Dixon and Doshi can help with BAS, Payroll Setup and Integration of your existing systems or help to streamline your bookkeeping systems with the correct checks and balances for Best Practices. Dixon and Doshi being a chartered accounting firm provides assurance that we are able to provide the best tax planning based on accurate bookkeeping and reporting.

 

INVESTORS

Our intricate understanding of Large Corporations allows us to customize relevant Tax and Financial solutions

Get a second opinion on the Income and Gains accumulating in Non Australian Controlled foreign Companies Foreign trusts containing investment components.

The foreign investment funds (FIF) measures do not apply if a Double Tax Treaty exits to treat that person as a resident of both countries.

Foreign Accruals Systems

Designed to combat profit sheltering by foreign companies and trusts controlled by Australian Residents in low tax countries

Accrual Accounting verse Cash Accounting,

 

NON PROFIT ORGANISATION

We ensure that all your compliance needs are met.

We also help the organisation in forming good internal control procedures for management and tracking of cash , payments to suppliers.

We have expertise in obtaining necessary exemptions for your organisation such as DGR (Deductible Gift Recipient ), PBI (Public Benevolent Institution) and Charity status.

You employees could benefit greatly by your FBT rebate or FBT exempt status.

 

R&D TAX INCENTIVE SCHEME

On 1 July 2012 the Government introduced the R&D Tax Incentive which provides more generous support for businesses than the R&D Tax Concession that was replaced. Under this new legislation, more businesses are eligible to claim generous support that is aimed at increasing innovation and creativity within Australian companies.

The two main elements of the legislation include:

• A 45% refundable tax offset to eligible entities with an aggregated turnover of less than $20 million per annum.
• A non-refundable 40% tax offset to all other eligible entities.

The team at Dixon and Doshi is ready to discuss with you about the possibility of a R & D claim for your business. Call or make an appointment to find out more on this.