Strategy & Tax
We do more than crush the numbers. Predictable and reliable growth for your small business.
Proactive business support
Management of your essential compliance —Preparation of financial year end tax returns, and financial statements.
Structured meetings for accountability and growth
Affordable monthly fixed fee approach means no surprises
Book a Consultation or Get in Touch
What is it?
Our Strategy + Tax program is designed to support the growing business and it’s owner. This program is about getting your business under compliance control, understanding how your numbers drive your business and ultimately how you can use your business to fund your lifestyle.
We help take the guess work out of being a small business owner. Business is not one size fits all, and neither is the advice that we give.
Sign up for a 12 month package and you will get a complimentary Xero Health Check.*
* Terms and conditions apply.
Who is it for?
This program is best suited for people who want to get more out of their business.
There are three key elements that support this program:
1. Keeping on top of your compliance obligations.
2. Agenda driven meetings that include Goal Setting, Tax Planning and an AGM
3. Support and accountability through your entire journey.
Our Packages
The difference in these programs relates mostly to the timing of the Business Performance and Management Reporting, the level of support and access to additional resources.
You also have the option of customising any of the packages below, just get in touch with us to see how we can help.
Engage
from $350 per month
Initial Onboarding Program
Initial Tax Review
Quarterly BAS Review
Smart Strategies (Group)
Annual Tax Planning (Lite)
End of Financial Year Financial Statements
End of Financial Year Tax Package
Annual Business Performance and Management Reports
Annual ASIC Compliance & Corporate Registry
Quarterly Compliance Monitoring
Supported Software – Xero
Support Level
Dedicated Client Service Contact
Access and Support
Priority Support within
48 Hours
Performance
from $550 per month
Initial Onboarding Program
Initial Tax Review
Tailored Smart Strategies (Quarterly)
Annual Tax Planning (Lite)
End of Financial Year Financial Statements
End of Financial Year Tax Package
Quarterly Business Performance and Management Reports
Annual ASIC Compliance & Corporate Registry
Quarterly Compliance Monitoring
Review of Taxation Structure
Supported Software – Xero
Support Level
Dedicated Client Service Contact
Access and Support
Premium Support within
24 Hours
Elite
from $990 per month
Initial Onboarding Program
Initial Tax Review
Tailored Smart Strategies (Monthly)
Annual Tax Planning (Complete)
End of Financial Year Financial Statements
End of Financial Year Tax Package
Monthly Business Performance and Management Reports
Annual ASIC Compliance & Corporate Registry
Monthly Compliance Monitoring
Review of Taxation Structure
Supported Software – Xero
Support Level
Dedicated Client Service Contact
Access and Support
Premium Support within
24 Hours
Download our Strategy + Tax brochure
Explore our Strategy + Tax program for tax planning, goal setting and regular meetings to boost your financial success
Additional Optional Services
Advisory – Annual Plan
Advisory – Financial Budget
Customised for your Business
Frequently Asked Questions
You will see that we have a number of business advisory add ons that you can use to help take your business to the next level. If that is what you are after then perhaps take a look at our Advisory packages.
The easiest way to explain is to say that compliance are services look back in time. These include tax returns, year end and monthly accounts will generally deal with known facts and figures.
Advisory services, look at the now and into the future. Referencing the past and building from the compliance reporting, advisory is focused on the future and is driven by what you want to achieve.
You can upgrade from Just to the Tax to one of our Strategy + Tax packages. Chat to your client services expert and they’ll guide you through the upgrade to make sure everything is seamless. We generally time our upgrades to be in line with a quarter.
Unless you use a bookkeeper or are a bookkeeper/accountant yourself, then we will need to review your accounts before we agree to take on your work with Just the Tax. This is so that we can get an idea of the type of input, quantity and general state of your accounts. So just get in touch, and send us through an Advisor Invite (LINK) to get started.
If you work with one of our recognised bookkeepers, or have your own bookkeeping skills, then you may be eligible to use Just the Tax
We set a Discovery Meeting so that we can better understand your needs.
After making sure that we understand where you are coming from, we will provide you with an engagement letter to sign. After you accept, we then begin our on-boarding process, which includes some or all of the following (depending on your package level):
- Gathering all necessary information about you and your business
- Conducting a Xero Health check
- On demand training on Xero and best practices using Bee Group Accounting systems and procedures
- Adding you to our Tax Agent lodgement program so that you receive concessional due dates on your activity statement and income tax return lodgements
- Reviewing your position with the ATO including details, outstanding lodgements & account balances
- Reviewing your position with ASIC (for companies) including details, outstanding lodgements and debts, submitting application to act as an agent
- Reviewing your business structure
Our onboarding process ensures that any issues are identified early, your financial information is accurate, and there is a foundation for your ongoing services to be delivered efficiently.
If you are on Xero there are no setup fees.
Xero Health Check
When you first come on board with a Plan, we conduct a complimentary Xero Health Check. This helps us conduct an assessment of your Xero file to ensure that it is in tip-top shape.
Where we find incorrect financial information relating to periods prior to our engagement or other issues that will affect the ability for us to effectively deliver our services, we will advise and provide a fee estimate to rectify these matters.
Xero Conversion
For existing businesses coming from another accounting system (e.g. MYOB), we will need to convert your information to Xero. This process varies from client to client, depending on factors such as the volume of data and the state of existing records. A fee estimate will be provided prior to commencing the transition process. More on this process can be found here > Xero Migration & Conversion
With these plans our goal is to efficiently meet the agreed deliverables. We drive the process and do everything that we can to meet these deliverables.
For us to be able to do this, we ask that you:
- Have a person (or people) in your business who are responsible for providing information and actioning requests
- Provide accurate and timely information when requested
- Action our requests promptly
- Consider our advice, when provided, with appropriate time and attention
- Take the time to learn from us
We will go the extra mile to help you meet your responsibilities however where you fail to meet them, additional fees may apply, as the nature and scope of our engagement may change.
Fixed Fee Plans are fixed to the advertised monthly fee for the service deliverables listed above. More detail on this is covered in scope document in our engagement letter.
Services provided outside of scope will be billed in accordance with our terms of service or as specified in a engagement letter.
In addition, please refer to the information below relating to plans that start part way through a financial year.
Your monthly fee for your selected Plan will be direct debited from your nominated bank account. You may also choose to use a credit card however a surcharge may apply. Refer to the engagement letter for additional information.
We use Practice Ignition to manage both our engagement process, billing and collection.
Your plan will commence on an agreed date which is typically the first day of the month following the return of your signed engagement letter.
An annual billing cycle runs for the period 1 October to 30 September.
Fixed Fee Plans commencing in October
No additional fees are payable for services outlined in the Fixed Fee Plan
Fixed Fee Plans commencing post October
As a first time client we cannot be entirely sure of the state of your affairs until we begin work. Our onboarding process will help us identify any issues or concerns. After our discovery call we generally have a reasonable understanding of your requirements and will seek to provide you with a first year fee estimate that covers everything through until the 30 September the following year.
Yes and No. Your plan is for an agreed term for the 12 month period from 1 October to the 30 September. This is designed to cover the first BAS Quarterly period for September (due 28 October) through the lodgement of your annual tax return for the following year.
The services are delivered over the financial year and our pricing is designed to reflect this.
We will not lock you into something that doesn’t suit either of us. We want clients to be happy. That said, any fees paid up to the time of termination will not be refunded. You can see our Terms and Conditions for more information about this.
Our Fixed Fee Plans have been designed to accommodate the annual business accounting and compliance needs for the majority of clients. We understand that every business is unique and from time-to-time you may require services outside of what’s included in your plan.
On such occasions, we will let you know what needs to be done and will clearly advise you on any additional charges prior to working on the assignment. If you have a specific requirement not covered by the services listed in your relevant plan, please contact us.
Your plan is fixed for the financial year and any changes to your pricing will be made at the end of the financial year. For example, if your business has no employees when you sign your engagement you will be on the ‘Bronze Starter’ plan. If during the current financial year, you employ five people, your plan and pricing will not change. Your plan would be revised at the end of the financial year to the ‘Team’ plan.
We take this approach in good faith and to provide certainty for your annual accounting fees. Please note, we reserve the right to change your plan during the financial year where there are substantial changes to your circumstances.
No worries. We offer these structured package options to cover wide range of businesses from start-up to well established. Just book in a Discovery Call to see if we can tailor a package to suit what you need.
Prefer to have Xero managed by a Bookkeeper?
We can recommend our favourite Bookkeepers that can manage your Xero and keep your business records in order.
