Hi Guys,
I've been reading a lot of articles around the set up of PTY + trust to receive my income as an IT contractor for tax effectiveness purposes.
And because I know this a really complex issue that requires expert assessment and guidance I've got in touch with an accounting firm to help not only during the initial stages of this process like setting up the company and trust but also to maximise the return of my "investment". That means running the BAS reports, tax advice along the way, professional indemnity and public liability, taxation audit, preparation and lodgement of ASIC returns and all financial planning and strategies services.
That all sounded really good and perfect for what I need but I was quite scared with the pricing model they use which is a percentage of my gross income charged every year... So my question is if this is what this kind of service charges or fixed price is more usual?
Thanks
I've been reading a lot of articles around the set up of PTY + trust to receive my income as an IT contractor for tax effectiveness purposes.
And because I know this a really complex issue that requires expert assessment and guidance I've got in touch with an accounting firm to help not only during the initial stages of this process like setting up the company and trust but also to maximise the return of my "investment". That means running the BAS reports, tax advice along the way, professional indemnity and public liability, taxation audit, preparation and lodgement of ASIC returns and all financial planning and strategies services.
That all sounded really good and perfect for what I need but I was quite scared with the pricing model they use which is a percentage of my gross income charged every year... So my question is if this is what this kind of service charges or fixed price is more usual?
Thanks