Gold Coast Accountants, New Wave Business Solutions have been changing how small business tax accounting is being conducted on the Gold Coast. Visit www.new-wave.com.au for more information
Gold Coast Accountants and Bookkeepers, New Wave Accountants have helped over 250 small businesses across the Gold Coast with more than just Tax Returns and Business Activity Statements. They have been utilising cloud software such as Quickbooks Online and Xero to provide business owners with real time figures of their businesses. Traditionally Gold Coast Accountants would only see their small business clients after the end of the year to prepare their Tax Returns. This is usually far too late to make any beneficial changes to increasing profits, improving cash flow or even trying to minimise tax.
This new approach taken by New Wave has resulted in various awards such as the 2016 Intuit Firm of the Future Award (Australian Winner) and the 2017 Top 50 Accountants by Hubdoc. Both the awards are presented to the accounting and bookkeeping firms who are embracing new software and innovating to improve their clients businesses.
Fixed Fee pricing was another game changer that the Gold Coast Accountants have been providing their clients. This means no more hourly rates and surprise bills that other accountants would usually send out. What does this mean? More confidence in contacting their Gold Coast Accountant when they need it rather than being scared to be sent a bill for a 2 minute phone call. You might be thinking that this service must cost an arm and a leg, however by utilising Xero and Quickbooks online New Wave can minimise their fees and put more into advisory services such as cash flow projections, profitability analysis and tax minimisation. The average fee for a small business with lets say a company or a trust starts from $165 + GST per month, which includes the end of year tax return, tax planning, unlimited general phone calls and emails and of course piece of mind. They also do additional services such as Gold Coast Bookkeeping, Advisory, Software Setup and Coaching but these are all priced up front.
Reuben Bergola, one of the partners at New Wave mentioned that clients that take up the package usually save more in tax savings when they do their tax planning session, then what they would pay for the yearly fee.
Gold Coast business owners looking for a change can contact anyone of the 12 staff members or visit their Gold Coast Accountants office in Broadbeach.