Eternity Group

Accounting · Business tax

Business Tax Accountant

One business tax accountant across your whole structure — sole trader, Pty Ltd or trust. Company and trust returns, BAS, director pay, base-rate-entity testing, Division 7A discipline and year-round Xero support from a Chartered Accountant and registered tax agent.

Book a Business Tax ReviewSee Our Process

Eternity Group Accountants is a registered tax agent (TPB 25523469). Information on this page is general in nature and does not constitute personal tax advice. Before acting, consider whether the information is appropriate to your circumstances and seek advice from a qualified tax professional.

What this page is for

The whole business tax position, not just one return.

This is the overarching small-business tax service — the entry point that decides which return you need, keeps the entities consistent, and runs the year-round compliance cadence. It routes into the specific engagements; it does not duplicate them.

Across every structure

Sole trader · Pty Ltd · trust · groups

Sole traders on an ABN, Pty Ltd companies, discretionary and unit trusts, and the combinations in between. One accountant who understands how the entities connect, so positions stay consistent across every return in the group.

The specific return engagements

Company & trust returns →

The mechanics of each return live on their own pages — the company tax return with franking and financial statements, and the trust tax return with resolutions and distributions. This service decides which you need and ties them together.

The forward-looking layer

Virtual CFO & advisory →

Where a business wants a recurring monthly conversation about cash flow and decisions, the Virtual CFO engagement sits on top. This page is the compliance backbone beneath it — the returns, BAS and structure hygiene.

One practitioner, year-round

Compliance · planning · lender-readiness

The same Chartered Accountant who lodges the return also runs the BAS, watches the loan accounts and sets the pre-30-June actions — and, where you are a business owner weighing a personal lending decision, scopes the accounting alongside it.

What we cover

The year-round work behind a clean business return.

Most of the value sits between the returns, not in them. These are the moving parts a business tax accountant keeps in order across the year so the annual lodgement is a confirmation, not a clean-up.

Annual returns

Company · trust · sole trader

The income tax return for whichever structure you run, with the financial statements and schedules behind it. Each return is prepared on its dedicated engagement; this service decides which applies and keeps inter-entity figures reconciled.

BAS & GST coordination

Quarterly · monthly · IAS

BAS prepared and reconciled through the year so GST, PAYG withholding and PAYG instalments stay consistent with the annual return. Clean BAS is the foundation the whole return rests on — see BAS lodgement.

Director pay & drawings

Salary · dividend · loan account

The salary-versus-dividend mix for owner-directors set deliberately, with super, PAYG withholding and franking considered together. Drawings tracked month by month so the year-end loan-account position is known, not discovered.

Base rate entity testing

Turnover · passive income · franking rate

The base-rate-entity test re-run each year — aggregated turnover against the threshold and the passive-income proportion — because it sets both the company tax rate and the rate at which dividends can be franked to shareholders.

Division 7A discipline

Loan accounts · MYR · benchmark interest

Shareholder and associate loan accounts watched through the year — complying agreements, minimum yearly repayments, benchmark interest — so the year-end position is documented. The deeper mechanics live on the company return engagement.

Year-end planning

Pre-30 June actions · instalments

A pre-30-June conversation each year on timing, asset purchases, super contributions and distribution decisions — handled as forward planning rather than a rushed June scramble. Deeper strategy runs through tax planning.

Suited to

The businesses we look after.

Sole traders on an ABN

Tradies, consultants and freelancers running under their own ABN. Business income and deductions in the individual return, depreciation, the GST and BAS position, and a plain answer on when a company or trust starts to make sense.

Sole trader returns

Owner-operated Pty Ltd

Single-director and family companies in professional services, trades and small trading businesses. Financials, the company return, base-rate-entity testing, franking strategy and the director's own return prepared so both sides reconcile.

Company returns

Trust-and-company groups

A discretionary trust trading above a company, or a family group with a bucket company. Distribution resolutions, franking flow-through, Division 7A loan accounts and each beneficiary's position handled together as one structure.

Trust returns

Growing businesses near a decision

Owners facing a hire, a property purchase, a structure change or a finance application — who need the tax compliance backbone solid before the bigger decision, and want it scoped by the same practitioner.

Accounting & lending

Process

From scoping to a year-round rhythm — predictable, document-driven.

The same sequence whatever the structure. You always know which return you need, what the fee covers, and where the year-round work happens between lodgements.

Scoping & structure review

A scoping call maps your entities — sole trader, company, trust or a group — and confirms which returns are in scope. Fixed fee and a tailored document checklist agreed in writing before any work starts.

Books & BAS cleanup

The Xero file or trial balance is reviewed, reconciliations confirmed, and BAS positions verified across the year. Open items are resolved before any financials or returns are drafted.

Returns & positions

The relevant return is drafted — company, trust or sole trader — with base-rate-entity testing, franking and Division 7A positions documented. Inter-entity figures across the group are reconciled both sides.

Owner review

A draft with a plain-English summary of the tax position, any loan-account balances and indicative distributions. You review, ask questions and confirm before anything is lodged.

Sign-off & lodgement

Signed returns lodged through the tax-agent portal. Lodgement confirmations, finalised financials and a copy of the workpapers issued for your records.

Forward look & cadence

A short forward conversation: PAYG instalments, pre-30-June actions, and whether the year warrants a recurring BAS, bookkeeping or advisory rhythm so next year stays predictable.

Frequently asked questions

Business tax accountant — common questions.

More than the annual return. A business tax accountant keeps the structure compliant year-round — coordinating the quarterly BAS, watching the director and shareholder loan accounts, setting the salary-versus-dividend mix, tracking PAYG instalments, and running a pre-30-June planning conversation — so the year-end company or trust return is a confirmation of a known position rather than a surprise. The annual return is the visible deliverable; the discipline behind it is the actual service.

Eternity Group Accountants is a registered tax agent (TPB 25523469); the principal is a Chartered Accountant (CA ANZ 266544). The information on this page is general in nature, does not constitute personal tax advice, and does not take into account your specific circumstances. Eligibility and tax outcomes depend on the facts of your situation and the current law for the relevant income year.

Related

Where this fits in the bigger picture

This pillar routes into the specific return engagements and the advisory layer above them. Pick the piece you need — or start with a scoping call and we will decide together.