Accounting Services in Keysborough & Dandenong
Comprehensive accounting, taxation, and advisory services in Keysborough and Dandenong, tailored to individuals, businesses, trusts, and self-managed superannuation funds across Melbourne's southeast.
Taxation
At MC & S, we understand that navigating tax laws can be overwhelming. Let us take care of the hassle and keep your finances in order. We cater to individuals, trusts, partnerships, and companies. Our team stays current with the latest ATO requirements and legislative changes to ensure you receive every deduction you're entitled to while maintaining full compliance.
SMSF Audits
We pride ourselves on quality. With three registered SMSF auditors on staff, we have the expertise and knowledge to ensure your self-managed superannuation fund is compliant and meets all audit requirements. Our thorough approach identifies potential issues early, giving you peace of mind that your retirement savings are properly managed.
Contact us directly to discuss your smsf audits needs.
Bookkeeping
We offer bookkeeping services that are customised to fit the specific needs of your business. Our bookkeepers are experts in using Xero, QuickBooks and MYOB, and we work to enhance your business operations. From bank reconciliations to BAS preparation, we handle the numbers so you can focus on growing your business.
Business Advisory
Our business advisory team has years of valuable experience in a variety of industries, and we're committed to helping our clients succeed. From business structuring and cash flow management to growth strategies and succession planning, we provide the insights you need to make informed decisions and achieve your goals.
Common Questions About Our Services
Answers to frequently asked questions about accounting, tax, SMSF, and bookkeeping services at MC & S.
How much does a tax return cost at MC & S?
Tax return fees vary depending on the complexity of your situation. A straightforward individual tax return with salary income and standard deductions starts from a competitive rate. Returns involving investment properties, capital gains, business income, or foreign income are priced according to complexity. We provide a clear quote before commencing work so there are no surprises.
What documents do I need for my tax return?
For an individual tax return, you'll typically need your income statement (previously group certificate) from your employer, bank interest statements, private health insurance statement, details of any work-related deductions with receipts, and your previous year's tax return or notice of assessment. For business returns, you'll also need your profit and loss statement, balance sheet, and BAS lodgement records.
What is an SMSF audit and do I need one?
An SMSF audit is a mandatory annual review of your self-managed superannuation fund required by the ATO. Every SMSF must be audited by an approved SMSF auditor within the approved timeframe each year. The audit covers both financial statements and compliance with superannuation law. MC & S has three registered SMSF auditors who conduct thorough, timely audits.
Can MC & S help me set up a company or trust structure?
Yes. Our business advisory team has extensive experience in establishing companies, trusts (family, unit, and hybrid), and partnerships. We assess your specific circumstances to recommend the most tax-effective and asset-protective structure, handle the registration with ASIC and the ATO, and set up the ongoing compliance framework.
Do you offer bookkeeping services for small businesses?
Yes. MC & S provides customised bookkeeping services using Xero, QuickBooks, and MYOB. Our services include bank reconciliations, accounts payable and receivable, BAS preparation and lodgement, payroll processing, and financial reporting. We tailor the service to your business size and needs, whether you need weekly, fortnightly, or monthly support.
What is the difference between a CPA and a Chartered Accountant?
Both CPA (Certified Practising Accountant) and CA (Chartered Accountant) are recognised professional accounting designations in Australia. CPAs are members of CPA Australia, while CAs are members of Chartered Accountants Australia & New Zealand (CA ANZ). Both require rigorous education, examination, and ongoing professional development. MC & S has both CPA and CA qualified professionals on staff.