Helron Accountants

WHY CHOOSE HELRON ACCOUNTANTS?

Superior Client Service

You will deal directly with the principal of the practice at all times. We have a track record in providing clients with an excellent service and we are determined to maintain that record. We offer specialist services for self managed superannuation funds as well as for small to medium sized businesses and individuals at affordable rates. FIXED FEE OPTION AVAILABLE.

Wealth of Experience

Helron possesses a wealth of experience in superannuation, accounting and taxation gained over 30 years by qualified accountants and registered tax agents so you can count on our expertise.

ABOUT US

Established in 2003, HELRON has developed a professional and personalised public accounting practice to assist clients in a wide range of services. Our advanced systems assist us in achieving efficiencies giving clients a competitive and economical one stop service.

HELRON possesses a wealth of experience in superannuation; accounting and taxation services gained over three decades by qualified accountants and registered tax agents.

HELRON operates in the following key services:

• Specialist self managed superannuation services
• Taxation and Accounting.
• Corporate Secretarial Services.
• Estate Administration.
• Provision of selected bookkeeping services.

Our principal, Ron Cohen, has owned his own public accounting practice for over 30 years.  He also has a Master of Taxation degree, is a Chartered Tax Advisor with the Taxation Institute of Australia and an SMFS Specialist as accredited by the SMSF Professional Association of Australia (SPAA). This is an ASIC approved accreditation and is a component of their requirement for registration as an approved SMSF auditor.  (SPAA is recognised as the peak body for professional advisors and the leading association within the SMSF industry in Australia.)  Ron is also a registered SMSF auditor.

SERVICES

ACCOUNTING  

Helron will provide all the services of an accountant without you having to employ one full time.

Financial reports can be prepared as often as needed during the year and to meet your annual statutory compliance requirements.  The objectives of these financial reports are to provide information about the financial position and performances as well as changes in the financial position of a business.  This is essential to a wide range of users in making economic decisions.

In addition to providing you with the usual services of an accountant, Helron will help you with:

• Formation of new entities such as companies, trusts, partnerships and self managed superannuation funds.
• Company secretarial work including attendance with ASIC, preparing resolutions, completion of statutory returns, maintaining and updating statutory registers.
• Preparation of budgets and cash flow projections.

TAXATION 

Helron has a proven track record of high quality and sound taxation advice and taxation planning, as well as extensive experience in negotiating and contesting taxation disputes.

Taxation services include:

• Routine functions including completion of all personal and business tax returns.
• Taxation and statutory returns for self managed superannuation funds.
• Business activity statements.
• GST related transactions.
• Capital gains tax including CGT small business concessions.
• Advice on taxation matters including the most tax effective structuring of transactions and selection of appropriate tax structures for the establishment of new businesses.
• Attendances at and negotiating at tax audits and enquiries by the Australian Taxation Office.
• Tax consequences upon retirement or death.

OTHER SERVICES

• General administrative functions, both private and business.
• Arranging and/or renewal of overdraft facilities with bankers.
• Performance of due diligence processes.

Self Managed Superannuation Funds

This is an area of specialisation that makes HELRON a leader in dealing with the ever increasing demands arising from frequent government changes to the laws and regulations.

Our specialist knowledge, procedures and standardisation have resulted in us achieving efficiencies in providing a very competitive and economical, yet professional one stop service.

SMSF Services include:

• Preparation of financial statements.
• Completion of statutory and taxation returns and all associated tax obligations.
• Maintenance of fund and member records during the course of the year.
• Preparation of resolutions and updating the fund’s permanent register.
• Arranging for the audit of the financial statements and liaison with the independent auditor.
• Assisting trustees meet their legal responsibilities.
• Applying for the actuarial certificates, when required.
• Business/Instalment Activity Statements and GST returns.
• Small business CGT concessions utilising an SMSF.
• Assistance in relation to optimising tax components before benefits are paid or restructured.
• SMSF consultancy and tax advice including ATO disputes.
• Tax planning for capital gains tax.

We will also provide assistance with the establishment of an SMSF that includes:

• Preparation of the Trust Deed (prepared by our legal associates).
• Establishment of the corporate trustee and its registration with ASIC.
• Preparation and lodgement of the relevant forms to obtain Australian Business Number, Tax File Number and complying fund status issued from the Australian Taxation Office.
• Preparing documentation to open bank accounts and investment accounts.
• Attending to administrative process to roll-over of benefits from another super fund.

Through our business financial planning associates, we will assist in:

• SMSF pension strategies and advice.
• Re-contribution strategies that allows for the conversion of a member’s taxable benefits to tax free benefits.
• The transitioning to pension phase or commencing an account based pension.
• Investment strategies.
• Life insurance where the policy is owned by the SMSF and is entitled to claim the premiums as a tax deduction.

Acquisition of properties by an SMSF has become popular especially using the facility of Limited Recourse Borrowing Arrangements (LRBA).   We provide assistance with the process that includes:

• Referral for funding.
• Referral for legal and conveyancing services.
• Review of the SMSF deed to investigate whether any changes are required in order for the SMSF to have a LRBA.
• Facilitating for the establishment of a bare trust and all legal documents.
• Stamp duty implications that depends on which State the property is located.

SMSF estate planning is often overlooked by clients mistakenly assuming that a person’s will includes superannuation assets.  This is not correct as the law relating to wills is governed by State Legislation whereas superannuation law is governed be Federal/Commonwealth legislation.  This means separate provision needs to be made for superannuation death benefits.  In this process, we will assist in:

• Setting up of an SMSF Will (prepared by our legal associate).
• Estate planning, including binding death benefit nominations.
• Tax planning in relation to reversionary pensions.
• Tax planning in the event of marriage breakdown.
• Tax strategies and planning in relation to superannuation death benefits.

We offer an “SMSF Accounting/Compliance Outsource” service for accounting practices who wish to outsource their clients SMSF compliance work.  This provides a more efficient and cost effective solution for the SMSF client base.  This service means you don’t need to retain highly skilled staff or worry that you are keeping your SMSF clients in compliance with the latest regulatory requirements.  In these cases, we do not undertake any other work for these clients.

SMSF Audit Services includes both the financial and compliance audit followed by:

• The issuing of the annual audit report in the approved form.
• Management letter to the trustees advising of any areas of concern regarding the financial statements and compliance with the relevant superannuation obligations.
• Assistance to accounting practices on their audit complexities.