The Compliance side of our Practice involves assisting our clients to meet ASIC and ATO obligations accurately and within the required deadlines.
Compliance services are delivered regularly – monthly, quarterly and annually – and cover a range of preparation and lodgement activities including Bookkeeping, Payroll, IAS & BAS returns, FBT & Income Tax Returns, Financial Reporting, ASIC Annual Reviews, etc.
Compliance currently represents the majority of Minnik’s services to clients, and has up to now, been charged according to traditional professional “time billing” methods.
Due to the regular nature of this work, and the recognition of our clients’ needs for ongoing compliance support by phone and email, we have formulated a number of Business Compliance Packages. These Packages represent a transition away from time billing, to subscription based pricing.
Click here to review our new Business Compliance Packages : Minnik Professional Fees
Note to Existing Clients
The majority of our existing clients can relate to one of the Packages with their current service. For these clients, there is minimal change except that the services are invoiced across the year (monthly), rather than the bulk of services being incurred at the end of the financial year. In this way, the subscription model assists their business with budgeting and cash flow management.
Existing clients whose current services do not fit the Packages offered – for example, their business is currently very small (sole traders), or alternatively medium to large (more than 10 employees) – we will be providing a separate Fee Proposal customised to your affairs.
New Engagement Letters will be issued to existing clients in due course, and will mark the start of the transition from time billing to subscription based Compliance Package / Fee Proposal.
We trust that the Business Compliance Packages will better align us with our clients in producing a more efficient working arrangement for both parties with respect to ATO and ASIC compliance.
Please don’t hesitate to contact if you have any questions or wish to discuss further.
Minnik Chartered Accountants
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