Tax Calculation Review
Tax Calculation Review
Tax Calculation Reviews
With 30 years of tax accounting experience up our sleeves, we’re your one-stop shop when it comes to getting a tax calculation review.
At Lawrence Corporate Solutions we’ve reviewed thousands of individual and company tax calculations. Guess what? Many of them were incorrect.
- Free Tax Reviews by Trusted Australian Accountants
- Fast, Easy to understand & Accurate Reports
- Double Checked by Australian Accredited financial experts
Tax Calculation Review
Lawrence Corporate Solutions has been helping businesses improve their finances for the last 30+ years. With our highly skilled team of accountants, tax experts and financial analysts, we’ve become Perth’s trusted tax calculation reviewer.
Just because your accountant gave you a numerical number, does that mean that’s the figure you now need to pay to the ATO? In a word – no. Due to the nature of business tax returns and the unique characteristics of every business, it’s not hard to see how an accountant can miss a few opportunities or make a few mistakes here are there.
Think about it. Are you sure you got your full refund last year? Are you 100% certain that the amount you owe is correct? Do you have a large debt with the ATO? Do you agree with the figure that’s been produced on your latest tax bill? No? That’s where a second opinion can come in handy.
Having a second set of expert eyes to review your tax calculations can save you thousands of dollars on your taxes every year. A tax calculation review is simply a second set of qualified eyes going over your current or previous tax assessment to ensure everything is exactly as it should be.
Who would benefit from a Tax Calculation review?
Over our years of experience, we have come across many incidences of tax assessments being incorrectly calculated. Hence if you ask us, nearly everyone would benefit from a tax calculation review.
Whether you’re a start-up, SME or individual taxpayer, and you have reason to believe that your tax assessment may not be accurate, don’t despair, speak to one of our Accountants today to start your tax calculation review.
How Lawrence Corporate Solutions can help
We keep it as simple as possible.
Simply bring along a copy of your tax assessment and we will review that everything is correct and optimised. You’ll receive
- A professional review of your tax assessment by qualified Australian accountants
- Advice on what to do next if we detect any variances
- A tax return amendment lodgement on your behalf
Fees are applicable for this service, but you can rest easy knowing that any expenses incurred during a tax calculation review are tax deductible.
Call Lawrence Corporate Solutions today to organise a tax calculation review of your own.
what our clients say
Successful Stories From Our Clients
Our team’s unique experience and extensive skill has assisted countless Perth business owners to move past financial strive and work towards a bright and successful future. Here are some of our success stories:
Miranda was struggling to meet her 12-month payment arrangements with the ATO and, as 12-month arrangements are the most that the ATO will grant, Miranda felt that her financial position was a lost cause. After speaking with Lawrence Corporate Solutions, however, Miranda’s confidence was restored. Lawrence Corporate Solutions successfully negotiated a 24-month extended payment arrangement with the ATO, giving Miranda the breathing room that she needed to get back to running her business.
Sharon found herself being chased by the ATO for a mounting tax debt, and as her spouse had recently been unable work, it couldn’t have come at a worse time. With constant calls and letters, Sharon welcomed Empire Corporate Services stepping in and liaising with the ATO on her behalf. In the end, Sharon prevailed with a $79,904.62 remittance before the final balance was paid out.
After an accident that rendered David unable to work, he was forced to use his tax savings to live on. Very worried and not sure where to turn, Empire Corporate Services worked closely on David’s case and secured him an interest remittance of nearly $7,000 to cope with his financial stress.
With a mountain of ATO penalties (including the dreaded General Interest Charges (GIC), Failure to Lodge (FTL) penalties and business stresses mounting, Shane was in a dire financial position. On Shane’s behalf, Empire Corporate Services was able to remit over $34,000 after just one phone call. Shane’s headaches cleared and it was back to furthering his business!
When Sam’s major debtor went into $2m liquidation, Sam’s business hit a pivotal crossroads. Based on the guidance of his previous advisors, Sam felt his only option was to go bankrupt. With the help of Empire Corporate Services, Sam got his business valued and sold, paid back the bank debt owing and additional funding in place for all other unsecured creditors… all within a fast turnaround of just 6 weeks.
Mitchell came in for a general financial review to set his business on the right path to grow. Upon reviewing Mitchell’s financial structure, Empire Corporate Services discovered that Mitchell had ATO debts totaling more than $550,000… and Mitchell was totally unaware of what he owed. After extensive work in tracking back over Mitchell’s previous returns and BAS’s (as well as righting the submission errors that Mitchell had made), Empire Corporate Services successfully helped Mitchell receive remission of interests of his debts, totaling $320,000.
For a long time Kate didn’t realise… but the ATO had placed $10,000 in interest and fees on top of her tax bill after a she had previously filed a claim incorrectly. Understandably, Kate was frightened about what might happen to her. Lawrence Corporate Solutions stepped in on her behalf and successfully negotiated for a substantial reduction in the outstanding ATO balance. Kate went from owing $10,000 to receiving a $2,000 refund.