A good accountant will be able to advise you in all areas involving the operation of your business so that it becomes profitable. Another area is tax law, which require a certain amount of tax expertise. While advice and assistance may be obtained from the Tax Office, a tax accountant is independent and therefore the best person to discuss these matters with. If you are in business, be sure look for the type of accountant who is able to provide the services that you have decided is your top priority. For example, if taxation minimisation is your main objective, then look for an accountant who has expertise in tax.
Many Accountants knows little about tax so always seek a specialist.
It s like choosing between a general practitioner and a brain surgeon if your need is specialist surgery. An Accountant can provide you with help by way of financial information and advice. His or her duties could include the preparation of the financial statements of the business, assisting with costing and budgeting, planning cash flows and cash requirements, completion of taxation work, filing of company documents, arranging share valuations, providing management reporting, working on special projects, undertaking staff selection, assisting with securing loan finance and many other similar duties. Guidance in all areas of your business set up, operation and growth. Taxation preparation of taxation returns and accounts for the Tax Office, as well as sound tax planning to minimise tax.