Question 1

How much does it cost to have my tax return prepared?

Accepted Answer

The cost depends on the complexity of your tax affairs. We provide transparent pricing and can discuss your circumstances before commencing work.

Question 2

Can I claim work-related expenses?

Accepted Answer

In many cases, yes. Eligible deductions may include vehicle expenses, tools, uniforms, professional memberships, training costs, and home office expenses where applicable.

Question 3

What if I haven't lodged my tax returns for several years?

Accepted Answer

We can assist with overdue tax returns and help bring your tax affairs up to date with the Australian Taxation Office (ATO).

Question 4

How long does a tax return take?

Accepted Answer

Most individual tax returns can be completed quickly once all required information has been provided.

Question 5

Do I need an accountant if I use Xero?

Accepted Answer

Accounting software is a valuable tool, but professional advice can help ensure compliance, maximise deductions, and improve business performance.

Question 6

What business structure is best for me?

Accepted Answer

The right structure depends on your circumstances. Options include sole trader, partnership, company, and trust structures. We can help determine the most suitable arrangement.

Question 7

Can you help me register for an ABN and GST?

Accepted Answer

Yes. We can assist with ABN registration, GST registration, PAYG withholding, and other business setup requirements.

Question 8

How often do I need to lodge BAS?

Accepted Answer

Most businesses lodge BAS quarterly, although some businesses may have monthly reporting obligations.

Question 9

Do you provide bookkeeping services?

Accepted Answer

Yes. We can assist with bookkeeping, bank reconciliations, payroll processing, BAS preparation, and financial reporting.

Question 10

Can you help with Xero setup and training?

Accepted Answer

Yes. We can assist with Xero setup, migration from other systems, staff training, and ongoing support.

Question 11

Can you fix bookkeeping errors from previous years?

Accepted Answer

Yes. We regularly help clients clean up historical bookkeeping issues and ensure records are accurate.

Question 12

Do you support cloud accounting?

Accepted Answer

Yes. We work with modern cloud accounting solutions, allowing clients to access financial information anytime and anywhere.

Question 13

Can you help reduce my tax legally?

Accepted Answer

Yes. Effective tax planning can help minimise tax obligations while remaining fully compliant with Australian tax laws.

Question 14

Do you provide business advisory services?

Accepted Answer

Yes. We assist with cash flow management, budgeting, business planning, profitability analysis, and growth strategies.

Question 15

Can you help me buy or sell a business?

Accepted Answer

Yes. We can assist with business valuations, due diligence, tax implications, and transaction planning.

Question 16

Can you help improve business profitability?

Accepted Answer

Yes. We work with business owners to identify opportunities to improve cash flow, reduce costs, and increase profitability.

Question 17

Can you assist with investment property tax returns?

Accepted Answer

Yes. We can help property investors understand deductions, depreciation, rental income reporting, and capital gains tax obligations.

Question 18

What property expenses can I claim?

Accepted Answer

Depending on your circumstances, you may be able to claim interest, rates, insurance, repairs, depreciation, and property management fees.

Question 19

Do you work with tradies?

Accepted Answer

Yes. We work with electricians, plumbers, builders, carpenters, landscapers, painters, and other tradespeople across Queensland.

Question 20

What tax deductions can tradies claim?

Accepted Answer

Common deductions may include tools, equipment, work vehicles, uniforms, training, insurance, and work-related travel expenses.

Question 21

Can you help with contractor tax obligations?

Accepted Answer

Yes. We can assist contractors with GST, BAS, bookkeeping, tax planning, and business structure advice.

Question 22

Do you work with clients outside Atherton and the Atherton Tablelands?

Accepted Answer

Yes. We work with clients across Queensland and Australia using phone, email, video meetings, and cloud accounting software.

Question 23

What industries do you work with?

Accepted Answer

We assist individuals, sole traders, tradespeople, professional services businesses, property investors, and small to medium-sized businesses.

Question 24

Why choose PRZ Tax & Accounting?

Accepted Answer

We provide personalised accounting and taxation services with a focus on practical advice, clear communication, and long-term client relationships.

Question 25

How do I get started?

Accepted Answer

Simply contact our team to discuss your accounting, tax, bookkeeping, or business advisory needs. We will guide you through the process and recommend the best solution for your circumstances.

Frequently Asked Questions

Individual Tax Returns

Small Business Accounting

Bookkeeping & Xero

Business Advisory Services

Property Investors

Tradespeople & Contractors

PRZ Tax & Accounting

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