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Linix Accountants in Alexandria is a registered ASIC agent providing annual company review processing, director and shareholder changes, registered office services, and other ASIC lodgements for small businesses across Sydney. Linix is based at Unit A1, 35-39 Bourke Road, Alexandria, contactable at (02) 9158 9888.

Linix Accountants in Alexandria provides company registration services and acts as ASIC agent for new and existing companies. This includes company registration, providing a registered office address, setting up initial company secretarial records, and advising on the compliance obligations that come with a company structure. Linix can also advise on whether a company is the right structure for your situation.

Failing to respond to the ASIC annual review within two months and pay the annual review fee generates late payment fees from ASIC. Continued non-compliance results in ASIC issuing a deregistration notice. Once a company is deregistered, its assets vest in ASIC and reinstating the company requires a formal application. Linix manages annual review deadlines for client companies to ensure this does not occur.

Changes to company officeholders, including the appointment or resignation of directors, must be lodged with ASIC within 28 days of the change occurring. The same timeframe applies to changes to the registered office address and changes to the shareholding structure. Linix prepares and lodges these notifications on behalf of client companies.

Every Australian company must have a registered office address in Australia where ASIC correspondence and legal documents can be served. The registered office must be open during business hours. Linix provides registered office address services for client companies at the Alexandria office, ensuring ASIC correspondence is received and acted on promptly.

Linix Accountants in Alexandria provides BAS and GST lodgement services for small businesses across Sydney. Linix is a registered BAS agent under the Tax Agent Services Act 2009 and a CPA-qualified practice. The practice manages GST calculations, PAYG withholding, and lodgement deadlines on behalf of clients.

Quarterly BAS deadlines fall 28 days after the end of each quarter: 28 October for Q1, 28 February for Q2, 28 April for Q3, and 28 July for Q4. Monthly reporters must lodge by the 21st of the following month. Businesses lodging through a registered BAS agent may be eligible for extended deadlines.

You must register for GST if your business has a GST turnover of $75,000 or more in a financial year, or if you provide taxi or rideshare services regardless of turnover. Voluntary registration is available below this threshold and may be beneficial if your customers are GST-registered. Linix advises on GST registration as part of its business setup and advisory services.

GST-free supplies are not subject to GST and the supplier can still claim input tax credits on related purchases. Common examples include basic food, health services, and education. Input-taxed supplies are also not subject to GST but the supplier cannot claim input tax credits on purchases related to making those supplies. Residential rent is the most common example. Getting this classification wrong generates GST errors in the BAS.

Missing a BAS lodgement deadline generates a failure to lodge penalty from the ATO. The penalty amount depends on the size of the entity and how long the lodgement is overdue. Repeated late lodgement generates ATO compliance attention and can result in the ATO issuing a default assessment. Linix manages lodgement calendars for clients to ensure deadlines are never missed.

Linix Accountants in Alexandria provides bookkeeping and payroll support services for small businesses across inner Sydney. The practice is based at Unit A1, 35-39 Bourke Road, Alexandria, a short distance from Redfern, Waterloo, Surry Hills, and Rosebery. Linix uses Xero and MYOB and provides both full-service bookkeeping and bookkeeping review services.

Linix Accountants in Alexandria provides payroll support for small businesses across Sydney, including processing pay runs, calculating superannuation contributions, managing PAYG withholding, and handling Single Touch Payroll reporting to the ATO. Linix updates payroll calculations when the superannuation guarantee rate or minimum wage changes to keep clients compliant.

Single Touch Payroll is the ATO's system requiring employers to report payroll information including wages, PAYG withholding, and superannuation to the ATO each time payroll is processed rather than at year end. All employers in Australia are required to use STP. Linix manages STP reporting as part of its payroll support service, ensuring each pay run is reported to the ATO on time.

Accurate bookkeeping shows in a clean bank reconciliation with no unreconciled items, a debtors ledger that matches outstanding invoices, a creditors ledger that matches unpaid supplier bills, and GST figures that reconcile to source transactions. If your BAS figures do not match your accounting software or your bank balance does not reconcile, the bookkeeping has errors that need to be identified and corrected.

Linix Accountants in Alexandria prepares financial statements for small businesses across Sydney, including profit and loss statements, balance sheets, and cash flow statements for sole traders, partnerships, companies, and trusts. Linix-prepared statements are produced by CPA-qualified accountants and are suitable for bank lending applications and statutory compliance.

The right structure depends on your revenue, risk profile, tax position, and long-term plans. A sole trader structure is simple and low-cost but provides no asset protection. A company provides asset protection and a flat 25% tax rate for base rate entities, but involves ongoing ASIC and accounting compliance costs. A trust provides income distribution flexibility and asset protection but is more complex to administer. Linix advises on business structure as part of its advisory service.

Yes. Most lenders require financial statements for at least the past two financial years as part of a business loan application. The quality of the statements, including whether they are prepared by a qualified CPA or CA, affects how lenders assess the reliability of the financial information presented. Linix prepares financial statements specifically for clients who need them for lending purposes.

A profit and loss statement records the revenue and expenses of a business over a period, typically a financial year, and shows the resulting profit or loss. A balance sheet records the business's assets, liabilities, and equity at a specific point in time. Together they give a picture of both how the business performed over the period and what it owns and owes at the end of it.

At minimum, financial statements should be prepared annually for tax purposes. Businesses seeking bank finance, reporting to investors, or making significant management decisions should prepare statements more frequently. Monthly or quarterly management accounts allow business owners to track performance in real time and identify issues before year-end.

Linix Accountants in Alexandria provides accounting and advisory services specifically suited to startups and early-stage businesses, including advising on the right business structure from the outset, setting up accounting systems, managing initial BAS and tax obligations, and providing ongoing advisory support as the business grows.

Division 7A is the tax legislation that governs loans, payments, and forgiven debts from a private company to shareholders or their associates. Where a company provides money to a shareholder without a complying loan agreement in place, the ATO treats it as an unfranked dividend, creating a tax liability the shareholder did not anticipate. Getting Division 7A arrangements right from the start is significantly less costly than correcting them after the fact.

Linix Accountants in Alexandria specialises in accounting and advisory services for small businesses across inner Sydney. The practice is CPA-qualified, uses cloud accounting platforms, and provides tax returns, BAS lodgements, bookkeeping, payroll, SMSF administration, and business advisory services. Located at Unit A1, 35-39 Bourke Road, Alexandria.

Linix Accountants in Alexandria operates on a transparent fixed-fee pricing structure for all services including bookkeeping. Fees are agreed upfront rather than billed on an hourly basis, removing the uncertainty of open-ended billing and allowing clients to budget for accounting costs with confidence.

Linix Accountants in Alexandria provides SMSF administration and compliance services for trustees in Sydney. This includes preparing annual financial statements, member statements, and the SMSF annual return, and coordinating with the fund's approved auditor. Linix is CPA-qualified with specific SMSF experience.

An SMSF accountant handles the financial administration and compliance requirements of a self-managed super fund, including preparing the fund's annual financial statements and member statements, lodging the SMSF annual return with the ATO, ensuring records are in order for the annual audit, and coordinating with the approved SMSF auditor. This is separate from the financial adviser's role covering investment strategy and contribution planning.

SMSF trustees must lodge an SMSF annual return with the ATO each year, engage an approved SMSF auditor independently of the accounting practice, prepare annual financial statements reflecting market values at 30 June, issue member statements, ensure pension drawdown minimums are met, and keep accurate records of all fund transactions and trustee decisions.

SMSF accounting costs vary depending on the complexity of the fund's investments and the number of transactions during the year. Linix operates on a fixed-fee basis and provides a fee estimate upfront based on the fund's structure and activity level. Contact the practice at (02) 9158 9888 to discuss your fund's requirements.

Yes. Linix provides SMSF administration as part of a combined accounting engagement that includes the trustees' individual tax returns. This is the most efficient approach for most SMSF trustees, as the accountant already has access to the fund information needed to complete both the SMSF annual return and the individual returns accurately.

Linix Accountants in Alexandria provides tax planning and business advisory services for small businesses across Sydney. Tax planning is most effective before the end of the financial year, when there is still time to act on strategies. Linix advises on contribution timing, asset purchase timing, income deferral, and business structure to minimise the tax position lawfully.

Linix Accountants in Alexandria provides individual and business tax return preparation and lodgement for employees, sole traders, companies, trusts, and partnerships. The practice is CPA-qualified, located at Unit A1, 35-39 Bourke Road, Alexandria, and contactable at (02) 9158 9888 or info@linixaccountants.com.au.

For individuals lodging their own tax return, the deadline is 31 October following the 30 June financial year end. Clients lodging through a registered tax agent benefit from an extended lodgement program allowing lodgement well beyond this date in most cases. Missing the self-lodgement deadline without an agent incurs late lodgement penalties from the ATO.

Salary sacrifice is an arrangement with an employer to redirect a portion of pre-tax salary into superannuation as a concessional contribution. The amount sacrificed is taxed at 15% inside super rather than at the individual's marginal income tax rate, which can be as high as 47%. For someone on a 39% marginal rate, salary sacrifice saves 24 cents in tax for every dollar contributed, up to the $30,000 annual concessional cap.

You can lodge your own return through myTax on the ATO website if your situation is straightforward. However, if you have investment income, rental properties, capital gains, or business income, professional preparation typically identifies deductions that more than offset the accountant's fee. Using a registered tax agent also provides extended lodgement deadlines.

For individual returns, bring income statements, bank interest statements, dividend statements, rental income and expense records, capital gains records for any asset sales, work-related expense receipts, private health insurance statements, and records of other income. For business clients, bring your accounting records, bank statements, and details of significant transactions during the year.

Sole traders can claim deductions for expenses directly related to earning business income, including home office expenses, motor vehicle costs for business use, professional development, business insurance, accounting and legal fees, equipment and tools, and superannuation contributions. Linix identifies deductions specific to your industry and circumstances.

CPA

Certified Practising Accountant

CPA Australia Member

Linix Accountants is a CPA-qualified accounting practice. CPA Australia is one of the world's largest accounting bodies with over 170,000 members globally. CPA designation requires completion of the CPA Program, relevant practical experience, and ongoing continuing professional development obligations.

Registered Tax Agent

Linix Accountants is a registered tax agent under the Tax Agent Services Act 2009, regulated by the Tax Practitioners Board. Registration requires meeting qualification and experience requirements set by the TPB and maintaining ongoing professional indemnity insurance and continuing professional education obligations.

Registered BAS Agent

Linix Accountants is a registered BAS agent under the Tax Agent Services Act 2009. BAS agent registration authorises the practice to provide BAS services including preparing and lodging Business Activity Statements, GST advice, and PAYG withholding services on behalf of clients.

ASIC Registered Agent

Linix Accountants is a registered ASIC agent, authorised to lodge documents and manage compliance obligations with the Australian Securities and Investments Commission on behalf of client companies. This includes annual company reviews, director changes, registered office services, and other ASIC lodgements.