Canberra Tax Solutions is an Institute of Public Accountants (IPA) Professional Practice.

As such, our Schedule of Professional Fees is integral to the Engagement Letter (APES 305), as mandated by IPA.

For services not prepared at an agreed-upon fee, the cost is based on our hourly rates, billed in 6-minute or 15-minute increments. You will be charged for the time spent, not the outcomes, ensuring transparency in our tax agent costs.

All of our out-of-pocket expenses are reimbursable and are billed at cost.

Please note that state stamp duty (if applicable) and any payment surcharges may change without notice.

Our tax invoice, detailing tax returns fees, is due and payable within 7 days of issue unless otherwise agreed.

A prepayment of fees or initial retainer may be required before any work commences, and progress payments may also be required throughout the engagement.

These fees are a guide only and are INCLUSIVE of GST.

We also offer EFTPOS facilities.

Administration Fees

ASIC Agent Services - $275.00 (per annum)

As your ASIC Agent, we receive all your correspondence with ASIC on your behalf.

On the anniversary of your company's registration date, we provide a comprehensive Annual Review Pack which includes:

ASIC Company Statement,
ASIC Annual Invoice,
Solvency Resolution for your company, and
One update to registered address details per year.

Please note: We do not offer registered office services.

ATO Registrations

New ABN Registration (with or without GST) - $220.00
Existing ABN reactivation - $88.00
Other Registrations (PAYG, GST, PAYGW, etc.) - $88.00
Cancellation of Registrations - $88.00
ASIC Business Name Registration - $220.00

Establishments

Sole Trader Set Up Fee - Starting from $544.00

The total sole trader set-up fee is made up of the following: -

Accountant's fee,
Obtaining an ABN,
Setting up PAYG Withholding,
Registering for GST (if required), and
Providing general advice.

Discretionary (Family) Trust Set Up Fee - Starting from $1,550.00

Individual Trustee Only.

The total Trust set-up fee is made up of the following: -

Reimbursement of any document fees by a third-party legal provider based on our tax advice, and under your instructions.
Accountant Fee, including tax advice and actual time spent on the purchase of the Trust, application for a Tax file Number, ABN, PAYG Withholding, GST registration (if required), up to 2 (two) enhanced client identity verification checks, and our accountants' fees (up to 3 hours).
Canberra Tax Solutions is acting as the Settlor of the Trust.
This service EXCLUDES your own independent legal advice or Stamp Duty.

The information on this website is of a general nature and does not constitute professional advice or an engagement with Canberra Tax Solutions.

To the extent permitted by law, Canberra Tax Solutions excludes all liability for any loss arising from the use of this website.

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