Business Taxation Services

Making Tax Simple, Growing Your Business Strong

Smart Digits brings professional expertise in Australian business taxation to help sole traders, companies, partnerships, trusts, and growing startups work smarter, not harder. We provide comprehensive tax advice, strategic compliance solutions, and proactive tax planning that keeps your business ahead while you focus on what matters most – growing your revenue and serving your customers.

As registered Australian tax agents, we take the complexity out of tax compliance by simplifying your obligations, minimizing tax expenses wherever legally possible, and ensuring you never miss a deadline or face ATO penalties.

What Makes Smart Digits Different?

Running your business is demanding enough. Between managing staff, serving customers, and keeping operations smooth, the last thing you need is tax stress keeping you awake at night. At Smart Digits, we handle the complex tax requirements so you can focus on what you do best – growing your business.

Our team of qualified tax consultants knows how to balance technical expertise with practical business insight. That’s why Australian businesses across Melbourne and beyond trust us with their most important financial decisions.

Our Core Business Taxation Services

Business Tax Returns Made Simple

Business Tax Returns Made Simple

For Sole Traders, Companies, Partnerships & Trusts
Stop worrying about missing deductions or making costly errors. Our expert business tax return preparation ensures 100% ATO compliance, maximizes every eligible deduction, and protects you from penalties and audit risks. Whether you’re a busy restaurant owner, established retailer, growing trades business, healthcare provider, manufacturing company, agricultural enterprise, logistics operator, construction contractor, professional service provider, technology business, real estate agency, educational institution, creative agency, or finance business, we handle everything from start to finish.
What you get:
Capital Gains Tax (CGT) Expertise

Capital Gains Tax (CGT) Expertise

Strategic advice that saves you money
Selling business assets, property, or shares? Capital gains tax can be complex and costly without proper guidance. Our Melbourne-based professionals provide strategic advice that minimizes your tax obligations while ensuring full ATO compliance. We help you understand timing strategies, available concessions, and proper record-keeping requirements.
Perfect for:
Special Purpose Financial Reports

Special Purpose Financial Reports

Professional reporting for non-reporting entities
Need financial reports for bank applications, investor presentations, or business planning? We prepare special purpose financial reports that meet Australian Accounting Standards while being tailored to your specific requirements. Clear, professional presentation that supports your business growth objectives.

Advanced Tax Planning & Compliance Services

Fringe Benefits Tax (FBT) Management

Fringe Benefits Tax (FBT) Management

Maximize employee benefits while minimizing tax
Providing employee benefits like company cars, parking, or entertainment? FBT compliance is complex, but the tax savings opportunities are significant. We help you structure employee benefits packages that maximize value for your team while minimizing your FBT liability.
What Smart Digits offers:
Payroll Tax Compliance

Payroll Tax Compliance

State-specific expertise across Australia
Each state has different payroll tax thresholds and rates. Our team ensures accurate calculations, timely payments, and proper record-keeping for all your payroll tax obligations. We monitor your payroll to alert you before you reach registration thresholds.
What Smart Digits offers:
Tax Planning & Strategy

Tax Planning & Strategy

Proactive advice that saves money year-round
Don’t wait until tax time to think about tax strategy. Our proactive planning helps you make smart business decisions throughout the year that optimize your tax position. From timing major purchases to structuring business transactions, we provide ongoing guidance that keeps more money in your business.
Perfect for:
Technology & Software Integration

Technology & Software Integration

Cloud Accounting Integration

Our taxation software capabilities ensure accuracy, time-savings, cost-effectiveness, data security, and 100% compliance with ATO requirements.

Software expertise:

Our industry expertise includes

Hospitality & Tourism

Restaurants, cafes, pubs, hotels, motels, catering services, travel agencies, tour operators

Retail & Wholesale

Department stores, specialty retailers, online stores, wholesale traders

Trades & Manufacturing

Electricians, plumbers, carpenters, mechanics, factory operations

Transportation & Logistics

Freight companies, courier services, taxi operators, warehousing

Construction

Building contractors, civil construction, landscaping, architect services

Healthcare & Social Services

Medical practices, dental clinics, physiotherapy, childcare, aged care

Professional Services

Legal practices, consulting business, engineering service provider, marketing agencies

Technology & Communications

IT services, telecommunications, software developer, media production

Agriculture & Primary Industries

Farming, fishing, forestry, mining support services

Education & Training

Schools, training providers, tutoring services, educational institute

Finance & Insurance

Financial planning, insurance brokers, real estate services

Arts & Recreation

Creative services, entertainment venues, sports facilities, gym businesses

Administrative & Support Services

Cleaning services, security contractor, employment services, call centers

Frequently Asked Questions

How are Australian businesses taxed?

The tax rate depends on your business structure. Companies typically pay 25-30% on taxable income, while sole traders and partners pay at individual tax rates. Small businesses may qualify for additional concessions and reduced rates. We’ll review your specific situation and recommend the most tax-effective structure.

You can generally claim expenses directly related to earning business income, including raw materials, premises costs, equipment depreciation, staff wages, marketing expenses, and professional fees. The key is proper documentation and ensuring expenses are genuinely business-related. Our industry-specific expertise ensures you don’t miss any legitimate claims.

Business deductions are claimed through your tax return, with the method depending on your business structure. Company tax returns, partnership returns, and individual returns (for sole traders) each have specific requirements. Our tax preparation service handles all the complexity while maximizing your eligible claims.

Small businesses with turnover under $5 million may be eligible for tax offsets up to $1,000, plus additional concessions like the small business CGT concessions and instant asset write-offs. We ensure you claim all available small business benefits.

There’s no tax-free threshold for business income itself, but various concessions and deductions can significantly reduce your taxable income. Companies pay a minimum 25% rate on taxable profits, while sole traders use individual tax rates. Smart structuring and deduction planning can minimize your effective tax rate.

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Why Choose Smart Digits?

Tax Simple

Ready to Make Tax Time Simple?

Stop letting tax compliance stress interfere with growing your business. Contact Smart Digits today for a first free consultation and discover how our expert tax services can save you time, money, and stress while keeping you 100% compliant with ATO requirements.

Get your business tax sorted by Melbourne’s trusted experts