Smith Thornton Accountants
Accounting in Albany

We work in tandem with you using state of the art technology, we fuse strategies with results to help you have the business and lifestyle you choose. Our goal is to partner with you, to be relied upon as a contributing factor to your success.

Our team are experienced, highly suited and motivated individuals who strive to bear a lofty level of service. As founding partner, Simon enjoys helping business owners attain their goals. As founding partner, Dean specialisms in tax and business services using his extensive knowledge and expertise to help clients in their endeavors. He enjoys assisting his clients with a high slick of taxation and business solutions to explore growth opportunities and coming planning. Nancy also has an extensive knowledge of a expansive range of accounting systems and client software to aid clients. He is also our Superannuation Manager with extensive knowledge in superannuation and coordinating the superannuation lodgement program. She is a senior accountant active closely with clients offering her experience and knowledge in all aspects of trivial business operations, CST and taxation. Our flexibility and adaptability will ensure we can assist you get the superior results. Under we have listed the services that we donate to our clients. Whenever I go into the office the complete team makes me feel welcome. For most individuals, the APO can amend an assessment within two years after the individual receives a notice of assessment. If the individual carries on a business and is not a Little Business Entity, that period extends to four years. If the individual is a partner in a partnership or a beneficiary of a trust, the period is two years. The APO can amend a company assessment within two years after the company receives a notice of assessment where the company is a Little business Entity. The APO can amend an assessment within two years behind the trustee receives the notice of assessment if the trust is a Insignificant Business Entity. All these records must be retained for a period of five years. There are penalties for taxpayers who shrivel to do so. In order for our practice to be qualified to lodge returns on your behalf, it is your responsibility to produce us with entire and accurate records. Further, in order to lodge your return on time we will require you to yield us the relevant information as and when requested. In circumstances where it is unhappy with a taxpayer's records or recording systems, the APO will often assess income tax ardor CST on what it considers to be an good benchmark amount (plus penalties and interest) and then put the taxpayer to the task of disproving that assessment. Taxpayers who operate in the cash economy are therefore urged to have a robust and steadfast system for recording and reporting all cash transactions and to ensure that the recorded figures are accurate. If the APO issues you with an assessment that you do not concur with, you have the right to lodge an objection to that assessment. The objection must be lodged with the APO within either two or four years. As to which period applies, this is determined in the identical way as the discussion above below the heading 'Commissioner's ability to amend an assessment'.