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Compliance

Accurate and Streamlined

Compliance

Our bookkeeping plays a crucial role in ensuring compliance with various financial regulations and reporting requirements. Whether you are a sole trader, partnership, company or trust, we make tax easy for you and make sure you stay compliant with the ATO. There are some complex tax rules applied to trade and construction businesses, which is why you need to work with industry experience.

Business Activity Statements (BAS)
Instalment Activity Statements (IAS)
WorkCover

Leave Plus
Taxable Payments Annual Report (TPAR)
Apprentice Claim Applications

What We Do.

Deadlines

Never miss another ATO deadline with our workflow, automations and planning.

Pricing

affordable fixed fee pricing.

Time Saving

Save time and stress for you and your accountant as we send all lodgements and details to them ready for end of financial year.

Peace of Mind

Knowing that we as you bookkeeper have it all covered for you so you don’t need to worry.

Why Us

Why Choose Us For Compliance?

Choose us for your bookkeeping needs because we ensure full compliance with the latest regulations. Our expert team stays updated on all tax laws, delivering accurate, timely, and reliable financial records, so you can focus on growing your business.

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FAQ

The Common questions

Our most frequently asked questions are answered here to help you understand our compliance services better.

Businesses in the building and construction industry typically need to register for LeavePlus to manage and report industry-specific leave entitlements, like long service leave, ensuring compliance with leave obligations.

- Building Trades

- Electrical Trades

- Metal Trades

The Taxable Payments Annual Report (TPAR) is an ATO-required report for certain industries, detailing payments made to contractors to ensure they report their income.

building and construction
cleaning
courier and road freight
information technology (IT)
security, investigation or surveillance.

The difference between a BAS (Business Activity Statement) and an IAS (Installment Activity Statement) lies in the types of tax obligations they report:

BAS: Used by businesses registered for GST, it reports Goods and Services Tax (GST), PAYG withholding (for employees), PAYG installments (for income tax), and other taxes. BAS is typically submitted quarterly or monthly.
IAS: For businesses not registered for GST, the IAS reports PAYG withholding for employees and PAYG income tax installments. It’s also often submitted monthly by small businesses that only need to report PAYG withholding without GST obligations.

Remuneration refers to wages, salaries, superannuation, and other benefits, including both cash and non-cash payments, that you pay your workers before tax. Some types of remuneration are used to calculate your insurance premium, which is called your rateable remuneration.

What Our Customers Say

Our clients love our efficient and personalized bookkeeping services. Hear their success stories and discover how we've helped businesses like yours streamline their finances and achieve their goals.

Simon J

By far the best book-keepers in the business, Alicia, James and the team make running a small business easier than you would expect it to be.

Brad S

Amazing work by James, Sheridan and the crew at Vital Accounts. They have an amazing work ethic, great knowledge and a good way of simplifying what is normally a frantic and busy back end of any business. Thanks very much, would not go anywhere else!