Blue Orchid Accounting - Pattern

Trust Accountant Central Coast

Orchid
Woman computing on desk — Your Trusted Accountant on the Central Coast, NSW

Trust Accountants You Can Rely On

Since 2011, the team at Blue Orchid Accounting has been providing a wide range of accounting services throughout the Central Coast. We have a deep knowledge of trust accounts, providing an extensive scope of accounting and taxation solutions.

We work with all types of trust accounts, including:

  • Discretionary
  • Family trust
  • Testamentary
  • Decreased estate trust

Our accounting services include:

  • Recommendations on suitable software for maintaining & tracking your transaction records
  • Guidance on ways to register your periodical transactions for GST
  • Guidance on the correct procedures, set-up & layout of tax invoices, plus elements to be included on any bill
  • Assistance with payroll set-up (wages) & how to apportion the correct amount of compulsory superannuation on applicable earnings only
  • Guidance on purchasing business assets, such as motor vehicles, & how to best keep records
  • Setting up BankLink software

Setting up periodical financial reports including balance sheets, financial performance, profit & loss, etc

Tailored Taxation Services

The trusted team at Blue Orchid Accounting can also:

  • Assist you with basic rules & laws that apply to your entity, alternatively known as Trust Deeds
  • Assist you with obtaining an Australian Business Number (ABN), Goods & Service Tax (GST) & PAYG regime, where applicable
  • Advise of any statutory obligations for annual lodgement to the Australian Taxation Office & Department of Fair Trading
  • Process all the allowable deductions applicable to your trust & advise on claiming for all eligible expenses
  • Advise you on processes for selling or disposing of business assets
  • Assist you with Capital Gains Tax implications & Small Business Concessions, where applicable
  • Lodge Business Activity Statements, including GST reporting (cash/accrual basis), PAYG withholding & Instalments
  • Advise you on beneficiary’s entitlements & relevant distributions
Woman on white using a calculator — Your Trusted Accountant on the Central Coast, NSW
Tax Returns — Your Trusted Accountant on the Central Coast, NSW

Trust Tax Returns —

Our friendly team will assist you with all matters relating to tax returns and your trust account. We’ll prepare and lodge your trust tax return, including all business schedules, investment and rental property schedules, as well as beneficiaries statements.

We work with clients from all walks of life. Whether you’re an individual or a business owner—or both—our Central Coast accountants are here to help. On our website, you’ll also find a comprehensive list of Useful Links and News Articles. We strive to keep all our clients well-informed and up to date on all matters pertaining to finance, accounting, and taxation—further enabling you to make better-informed decisions on your financial standing.

For an initial consultation on trust accounts and taxation, get in touch with the friendly team at Blue Orchid Accounting on the Central Coast. Call us on 1800 008 664 or fill out our form via our Contact Page.

Orchid

Browse Our Other Services

While you’re here, why not browse through our other services and see how we can best assist you. We provide a wide range of general accounting and taxation services for:

And so much more.

If you need further assistance, or would like more information on our services, don’t hesitate to get in contact with one of our friendly team members today. We’re here to assist you.

Typing on a laptop — Your Trusted Accountant on the Central Coast, NSW