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.
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 taxation software capabilities ensure accuracy, time-savings, cost-effectiveness, data security, and 100% compliance with ATO requirements.
Restaurants, cafes, pubs, hotels, motels, catering services, travel agencies, tour operators
Department stores, specialty retailers, online stores, wholesale traders
Electricians, plumbers, carpenters, mechanics, factory operations
Freight companies, courier services, taxi operators, warehousing
Building contractors, civil construction, landscaping, architect services
Medical practices, dental clinics, physiotherapy, childcare, aged care
Legal practices, consulting business, engineering service provider, marketing agencies
IT services, telecommunications, software developer, media production
Farming, fishing, forestry, mining support services
Schools, training providers, tutoring services, educational institute
Financial planning, insurance brokers, real estate services
Creative services, entertainment venues, sports facilities, gym businesses
Cleaning services, security contractor, employment services, call centers
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.
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