Siddiqui Associates

Professional Accountants & Tax Consultants

Tel: (02) 9212 0303 Fax: (02) 9211 3626

E-mail: siddiquiassociate@yahoo.com.au


Liability limited by scheme approved under professional standard legislation

Our Services

Our experts can assist you in a wide range of areas, including:

BUSINESS ACTIVITY STATEMENTS (BAS) OR GST

We are providing our services to various small/medium business for their GST obligations to lodge their monthly/quarterly and annually (BAS) business activity statements.

TAX RETURNS

We have many years’ experience for the preparation and lodgement of annual return obligations for wide range of industries that includes Tradies, Retailers, Professionals, Architects, Business/IT Consultants, CAFÉ/Restaurants, Transport, Recruitment, Beauty/Hair Salons, Lawyers, Fashion, Clothing, Service Stations, 7-eleven Stores, Book Stores, News Agencies, Tobacconists and many more. Our services for the tax lodgement includes Tax/FBT for Individuals, Employees, Sole Traders, Companies, Trusts, Partnerships & Super Funds

BUSINESS PLANNING & ADVISORY

Establishing the right business structure is essential for protecting your assets against unforeseeable circumstances or losses. When the right structure is chosen, the Read More > business assets can be saved from any potential litigation, and to avoid losing control of your business. The competing issues of tax, preferred exit strategies and regulations amongst other matters will need to be balanced in this critical decision. Regardless whether you are planning to purchase an existing business, a brand-new start-up business, and an established enterprise or looking to exit an existing business, we can help with your business needs. Every business is different! We will work closely with your management and gain a thorough understanding of your business needs and the industry, and provide specialist knowledge and objective advice to help your business meet its full potential. We will also provide thorough and objective review of your current operations to reduce costs, improve efficiency and increase profitability.

ESTATE PLANNING

Succession planning is an important stage but often is overlooked as it’s normally considered by the business owner as a lower priority among hundreds of other to-do Read More > things. While it sounds as easy as stepping out of the business and another family member taking over, it needs careful planning and attention to ensure the business continuity. Estate planning will give you the peace of mind knowing your hard-earned assets will be dealt with in the manner you choose. While it should be a time to celebrate the continuation and previous success of the family business, it can too often result in family disputes and the breakdown of relationships. We will work with your legal representative and financial planner, and set up a plan to achieve your estate planning requirements.

SUPERANNUATION

With effective tax rates and increased control over assets and investment choice, it’s no surprise that Self Managed Super Funds (SMSFs) are Australia’s fastest growing Read More > investment vehicle. In order to access these benefits an SMSF must comply with the legislation and regulations. There’s also a large administrative tasks, ongoing minutes and trustee meetings, monitoring contributions and pension withdrawal, updating market value of fund’s assets, preparing reports and organising an annual audit – all of which can be time consuming and therefore take your attention away from your focus on managing the growth of wealth for the retirement benefit of members. We can provide through our financial planner the relevant strategies that suit your circumstances in order to achieve member’s needs, from accessing benefits to maximising their SMSF’s balances or purchasing real estate via finance in the SMSFs, etc. Additionally, our Financial Planning division will provide the investment advices and products tailored to suit your individual needs.

BOOKKEEPING

Small business owners generally spend loads of time on administration, record keeping and date entry for the business. Our experienced bookkeepers can assist Read More > from software setup, data entry, reconciliation, accounts payable and receivable, payroll, insurance, month and year end accounts and reporting, and more.

SECRETARIAL SERVICES

We provide a wide range of business secretarial services including:

  • Company formation
  • Trust setup and deed amendment
  • Application of ABN, TFN and registration of other obligation, e.g. GST, PAYG withholding Tax, Wine Equalisation Tax, land tax, payroll tax etc
  • Maintenance of corporate statutory books
  • ASIC corporation details maintenance and updates

Contact us

Our experts are willing to answer your financial queries. Please do not hesitate to get in touch with one of our professionals today.

Ata Siddiqui

M.COM (CPA)

Certified Practicing Accountant

Mobile: 0412 939 117

Ishfaq Siddiqui

M.COM (MIPA)

Member of Institute of Public Accountants

Mobile: 0401 154 312

Shop/13a Burton St, Darlinghurst NSW 2010

(02) 9212 0303

(02) 9211 3626