PremierOne

Accounting Services for Restaurants & Hospitality Business

hotel and restaurant accounting, outsource accounting for restaurants and hotels

PremierOne is one of the leading Tax accounting firm in Australia providing tax, Accounting, Payroll, Billing, Payment Statement reconciliation and all other essential services to leading hospitality and Restaurant businesses.

At Premier one we provide expert tax advice on all areas of tax accounting. Few areas we specialize are:

Buying and selling a business; acquisitions and mergers.

Structuring and Implementation of employee shares if any in the organization.

Business restructuring

Compliance: preparation and lodgement of all necessary returns

Planning and due diligence

International tax planning and inter-border transactions

Tax advice in relation to winding up businesses and succession planning

Fringe benefits tax

Employee remuneration packages and incentives

Suggestions on transfer pricing

Capital gains tax, along with CGT small business concessions

Applications of Division 7A and deemed dividends from loan arrangements

Tax consolidation

Management and assistance with tax reviews and audits

Process for incorporation of other companies

The purpose of tax accounting is to be able to track funds (funds in as well as funds going out) associated with individuals and entities. With a sophisticated Australian Tax System, the tax on the business profits, employment income, capital gains and rental income must get reported to the ATO in the form of annual tax returns. Our team with their expertise will make the process smooth and transparent for restaurant  and hospitality businesses across Australia.

PremierOne is a leading tax accountant in Australia with highly experienced and dedicated tax experts, can look after all tax accounting requirements for Restaurants and hospitality businesses. Our accountants tailor solutions to your specific need and circumstances.

Payroll Services for Restaurants and hospitality businesses

Falling behind in tax obligations is one of the significant causes of business failure for Australian hospitality businesses. In an increasingly complex tax environment, keeping up to date with taxation regulations is an absolute must for businesses of any size or industry. Our team of tax accountants in Melbourne will work with you and your team and share their knowledge and expertise to help provide transparency when it comes to all things in tax accounting for hospitality businesses.

Whether you are an established business that has been trading for some time or a start-up launching your new business venture, our pro-active accountants work with you to make a real difference. You’ll be able to have absolute confidence that your restaurant and hospitality business tax is in good hands.

We Provide Payroll services to the restaurants, bars, cafe and other hospitality industries for small to medium sized firms with employees ranging from 2 to 500. In Payroll we would provide suggestions on the salary break up, tax deductions etc, inline with current australian tax standards

Tax Accounting Services – FAQs

  • Does PremierOne offer tax accounting services for small businesses?

    YesPremieroOne’s well-trained accountants, CAs and CPAs assist small and medium enterprises across Australia. We serve individuals, companies, trusts, partnerships, sole traders, small businesses and more. 

  • Do you offer tax accounting services outside of Melbourne?

    Yes. Though we are located in Melbourne, we offer tax accounting services throughout Australia.

  • What is the cost for accounting and tax services?

    Our costs vary depending on our clients’ requirements.Book your FREE 15-minute CPA consultation to learn more.

  • Why do I need an accountant?

    A good accountant does more than just prepare taxes and financial statements. They become your business mentor. Alongside their primary accounting responsibilities, they will guide you in reducing costs and utilising your finances efficiently for the growth of the organisation. They deeply analyse, interpret and convert financial data into actionable business intelligence. Accounting services include tax planning, business consulting and personal financial advice. 

     

  • What locations do you offer your tax accounting services in Australia?

    We are located in Melbourne but work with clients Australia-wide.

  • How experienced are your accountants?

    PremierOne is a leading tax accountancy in Australia with a team of highly-experienced and dedicated tax experts. The average experience of each of our tax accountants ranges from 10 to 40 years. 

  • Consult with an external Accountant or Bookkeeper for my small business?
    Some small business organizations may have an in-house Accountant/Bookkeeper, but that they may not have experience overcoming a particular challenge or achieving a particular goal (such as systems design, raising capital, etc.). A Virtual CFO may consult with or advise the existing Accountant to elevate the performance of their financial team, elevate overall financial strategy, and transfer valuable skills.
  • How can financial forecasts help my small businesses?

    For small businesses, forecasts serve a variety of purposes, including budgeting, fundraising, analysing the health of a company, projecting growth, restructuring and more. This information helps you to achieve your long-term goals. 

  • Can small businesses claim for work-related expenses during tax returns?

    PremierOne helps small businesses navigate which work-related expenses can be claimed.

  • What payroll software do you recommend for small business owners?

    PremierOne offers payroll services across multiple platforms. For small and medium enterprises we recommend Xero or MYOB.

  • Can you support small businesses working from home?
    Yes. At PremierOne, though we are located in melbourne we offer online services throughout Australia for medium and small businesses for all tax & accounting needs
  • What advice do you have for small business owners looking to retire?

    The key to early retirement is good succession planning. A realistic and achievable plan will help you make a transition out of your small business. Our expert team can assist in with all legal obligations and documentation.

  • Can you help small businesses if they haven’t filed tax returns for 5+ years?
    Yes. PremierOne supports small businesses who are behind in their tax filing.
  • Can you help small businesses correct issues in their tax returns?

    Yes. We help small businesses to correct any issues that occurred in their previous tax returns.

  • Can clients reach out after hours in cases of emergency?

    Yes. We accept calls outside of working hours in cases of emergency. 

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Clients love our exceptional Business Accounting Service!

Meet Our Team

Maru Natarajan

Managing Director

Maree Hamilton

Tax Accountant

Hirusha Jayasekara

Aged Care Accountant

Fransisco Silva

On-Call / Virtual CFO

Rohit Maru

JR Accountant

Charitha Ranasinghe

Manager - Client Services

Book your 15 minutes of free CPA Consultation today!

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small business accountant