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 fee, and unless otherwise stated, the cost is based on our hourly rates, billed in 6-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.

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 - $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.

Trust Set Up Fee: Individual Trustee(s) Only - $1,350.00

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

Document Fee by third-party legal provider: $161.70
Accountant Fee including time spent on the purchase of the Trust, application for a Tax file number, ABN, PAYG Withholding, GST registration, and general advice.
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. You should seek independent advice tailored to your specific circumstances.

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