Companies
Annual financial statements, company tax returns and review of year-end balances.
Company & trust tax returns
Year-end accounts completed properly, with the numbers clearly explained.
Annual financial statements and tax returns for companies, trusts and partnerships, prepared accurately with a practical review of the results—not simply lodged and forgotten.
Companies and family groups
Family and unit trusts
Partnerships and growing businesses
Overdue and prior-year compliance
Based in Albany Creek, supporting clients across Brisbane North and Australia-wide.
Who this is for
Year-end support for established structures and growing businesses.
The annual compliance process should provide more than a completed return. It should give you confidence that the accounts are accurate and help you understand how the business performed.
Trusts
Family and unit trust accounts, tax returns and distribution considerations.
Partnerships
Partnership financial statements, tax returns and allocation of results between partners.
Growing businesses
Businesses needing accurate compliance together with useful explanations and forward-looking advice.
What's included
The complete year-end compliance process.
Your accounts are reviewed carefully, year-end adjustments are completed and the final tax position is explained before anything is lodged.
Annual financial statements
Company tax returns
Trust tax returns
Partnership tax returns
Year-end journals and adjustments
Tax reconciliation and review
Director and shareholder loan review
Depreciation and fixed asset review
Distribution considerations where applicable
Practical explanation of the results
More than a tax return
Use year-end to understand what happened—and what comes next.
Preparing annual accounts is an opportunity to step back, review how the business performed and identify issues before they become larger problems.
You will receive compliant financial statements and tax returns together with a clear explanation of the result, important balances and any matters worth addressing in the year ahead.
Clear answers, not just completed forms.
The goal is for you to understand the accounts, the tax position and the next steps—not simply receive documents filled with unfamiliar numbers.
Why 85 Accounting
Careful compliance with a practical business perspective.
01
Direct access
You work directly with the accountant preparing and reviewing your year-end accounts.
02
Practical explanations
The result is explained clearly so you understand the tax position and important balances.
03
Bigger picture
Where useful, issues and opportunities are identified for the next financial year.
How it works
A straightforward year-end process.
The work is kept organised, with clear requests and updates along the way.
01
Collect the records
We confirm the scope and gather the bookkeeping records and supporting information required.
02
Prepare the accounts
The accounts are reviewed, year-end adjustments are completed and financial statements are prepared.
03
Complete the returns
The company, trust or partnership return is prepared and checked against the financial statements.
04
Review and lodge
The result is explained, questions are answered and the approved returns are lodged.
Common questions
Company and trust tax return FAQs.
Do you prepare the financial statements as well?
Yes. Annual financial statements are prepared as part of the year-end process and provide the basis for the entity's tax return.
When is my company or trust tax return due?
Due dates vary depending on the entity's circumstances and lodgement history. Once engaged, the applicable due dates can be confirmed and monitored.
Can you prepare overdue or prior-year returns?
In many cases, yes. We can discuss what records are available and develop a practical approach to bringing the entity's compliance up to date.
Do you work with Xero?
Yes. Xero is the preferred accounting platform, and assistance is also available where records need to be cleaned up or brought up to date before year-end work begins.
What is the difference between a company and trust tax return?
A company generally pays tax in its own right, while a trust commonly allocates taxable income to beneficiaries. The reporting, tax treatment and year-end considerations differ, so each structure requires its own review.
Related services
Support around your year-end compliance.
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Need help with your company or trust tax return?
Book a free initial chat to discuss your entity, current records and year-end requirements.