Wisdom Tax Accountants is an accounting and tax services provider based in Melbourne.

Proactive Tax

& Accounting

Solutions

Tax Returns

Having a team of experienced accountants and tax agents to help with the preparation of tax returns can be very valuable for individuals, partnerships, companies, and trusts. When you decide to use our accounting services, we will work closely with you to ensure that your tax return is completed accurately and in a timely manner.

More Info

Accounting

& BAS Returns

We provide accounting and BAS (GST) Return lodgement services using cloud-based software Xero, Quickbooks or MYOB. These systems allow our team to work efficiently and securely, providing our clients with real-time access to their financial data.

More Info

New Business

Setup

Setting up your own business is one of the most important decision of your life. One of the key factors you need to consider when starting a business is its structure. We can help you save your time and money by planning before you start your business and by helping you identify what’s involved in getting your business up and running.

More Info

Wisdom Tax Accountants

ABOUT US

Wisdom Tax Accountants is an accounting and tax services provider based in Mulgrave, Victoria 3170. Our team leader Nalin Fernando is a highly qualified and experienced accountant and a tax agent who can provide a wide range of services to help clients achieve the best tax outcome within the legal framework. He is well-versed in the tax laws and regulations and can help clients navigate the complex tax system to minimize their tax liability and ensure compliance with all legal requirements.

We provide accounting and tax services using the latest cloud technologies to businesses who do not have dedicated accounting teams. Our aim is to support business owners by reducing the burden of critical non-core functions by managing them in a more efficient, productive, and profitable manner. By experience we know by getting the right accounting support, the management can enhance the profitability, productivity and efficiency of the business, through freeing up the valuable time to manage core functions of the business.

Learn More

In a fast-moving business world, nothing is more powerful than real-time information accessible anywhere, anytime. Wisdom Tax Accountants has the partner status with Xero , Quickbooks and MYOB. Working with many cloud-based solutions enable us to provide you with a tailor-made solution. Whether it's your accounting and financial systems, payroll or invoicing, the cloud is the place to be.

Clients

OUR SOLUTIONS

What We Offer

At Wisdom Tax Accountants we focus on value-added services.

By choosing Wisdom Tax Accountants you can access a range compliance and value-added services that apply to businesses and individuals. Our accountants will ensure that we implement effective tax saving strategies depending on your circumstances. This may involve changing business structures, making investments or incurring tax-deductible expenses.

Tax Returns

We specialise in preparation of tax Returns (Individuals, Partnership, Companies and Trusts). Our tax agents and accountants will work closely with you to ensure that your tax return is completed accurately with a maximum tax refund or savings. We have developed a detailed, comprehensive approach to ensure that we include all relevant deductions in your tax return. anything, or set your text box to expand on click. Write your text here...

Tax Planning and Tax Saving Strategies

As a business owner You have the right to minimise your tax bill by planning and arranging your financial affairs within the legal framework. Tax planning is legitimate when you do it within the taxation laws. There are number of effective tax planning strategies that can help you with to reduce your tax bill and maximise your business’s profitability. We work closely with you to understand your current financial situation and to implement best suited tax strategies to get optimum financial results. Our focus is on guiding you with well-structured tax advice to help your business minimise tax liability, while staying compliant with tax laws.

Accounting & Payroll

We provide accounting services using cloud-based software Xero or Quickbooks. As a team of Bookkeepers and Tax Accountants, we rely in cloud-based accounting systems to provide our clients a specialised accounting services. We help you with initial installation and guide you to get the best use of your business data to run a smarter and efficient business. Our services are based on fixed monthly packages with a price guarantee. As we monitor your bookkeeping activities it frees up valuable time which you can utilise to grow your business. • Dedicated onsite or offsite (working from our office) Bookkeeper. • Bookkeeping and Accounting Software using Xero or Quickbooks • Real-time Bookkeeping with up-to-date information. • Preparation of information for BAS and annual tax return. • Support available over the phone or emails. completed accurately with a maximum tax refund or savings. We have developed a detailed, comprehensive approach to ensure that we include all relevant deductions in your tax return. anything, or set your text box to expand on click. Write your text here...

GST & BAS Returns

If you are a business (individual, partnership, Company or Trust) registered for GST you need to lodge a business activity statement (BAS) quarterly or annually. Your BAS will mainly help you report and pay your goods and services tax (GST), pay as you go (PAYG) instalments and PAYG withholding tax.completed accurately with a maximum tax refund or savings. We have developed a detailed, comprehensive approach to ensure that we include all relevant deductions in your tax return. anything, or set your text box to expand on click. Write your text here...

New Business Setup

Setting up your own business can be an important decision of your life. You can save time and money by planning before you start your business and by being aware of what's involved in getting your business up and running. One of the key factors you need to consider when starting a business is its structure. Your selection of structure will depend on the nature and the size of your business. The business structure you need also depends on whether you are planning to hire employees or are you going to have partners to finance and operate your business and how you plan to develop your business in the long term. Your business structure can determine your: · •Potential tax liabilities •Legal liabilities as a business owner •Impact on your personal assets •Ongoing costs and the volume of required paperwork. We need to make decisions based your needs depending on your personal circumstances and future goals. We can assist you to register Company’s, Trusts, Partnerships and other entities depending on your needs.

Asset protection strategies

Before you sign a contract to purchase a property, you should carefully consider the ideal structure for the purchase. If investors purchase assets in their own names, it may not be the best strategy based on their circumstances. Generally, by placing your assets in companies or trust structures you can have control of the assets, but not the legal ownership. There can be significant legal implications if you hold all your assets in your own name.

Why Choose Wisdom
Tax Accountants

Focusing on results.

Maximum refund guarantee.

We work closely with you to ensure that your tax return is completed accurately with a maximum tax refund or savings.

Latest & leading software.

We use methods and techniques with the use of industry wide accepted leading software for bookkeeping and all accounting tasks.

Dedicated support

We listen to you very carefully…focusing on the quality, reliability and consistency at all times.

Reliability & consistency.

We are an experienced and qualified team of Accountants and tax agents with more than 20 years of industry experience who can take control of your accounting tasks and help you to focus the growth of your core business activities.

You will have a specific accountant assigned to your task who will be responsible for handling all of your accounting needs from start to finish. This can include tasks such as preparing financial statements, filing taxes, and providing financial advice and guidance. Having a dedicated accountant can be beneficial as they will be familiar with your financial situation and can provide personalized service and support. It is important to establish a good working relationship with your accountant and to communicate openly and honestly with them to ensure that they are able to provide the best possible service.