ABOUT US

Charlie Shen & Co, a CA practice was established in 2002. Our firm is located in Glen Waverley.
Today our clients represent a broad range of industries varying in size from salaried employees to SME companies.
We offer a comprehensive range of traditional and specialised services in keeping with our clients’ varied requirements.
Contact Us

SERVICES

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    Business Advisory

    1. Establishment of business entities and group structures
    2. Business plans
    3. Cashflow forecasts, profit projections and budgets
    4. Statutory and management financial reports
    5. Training of finance and accounting personnel
    6. Evaluation of lease,hire-purchase and other finance options
    7. Business compliance services
    8. Advisory services in franchising structures
    9. Business restructuring
    10. Asset protection
    11. Business valuations and investigations prior to purchase, sale or merger
    12. Succession planning
  • 2

    Taxation Consultancy and Compliance

    1. Taxation planning for high net worth individuals and families
    2. Analysis and advice on tax-effective structures
    3. Remuneration planning
    4. ATO administration and compliance
    5. Preparation of income tax returns for all entities, individuals and families
    6. Preparation of business activity statements (BAS) and instalment activity statements (IAS)
    7. Tax audit defence strategies
    8. Tax advice including income tax, GST, capital gains tax and employment taxes
    9. GST compliance and reporting audits
    10. Tax advices on, doctors (GP), specialists, medical and dental practices
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    Companies and financial records management

    1. Maintenance of accounting records including general ledger, debtors, creditors and payroll records
    2. Recording of transactions, account reconciliations and timely reports, including BASs
    3. Maintenance of fixed asset registers and depreciation calculations
    4. Maintenance of client investment portfolios for Capital Gains Tax requirements
    5. Assistance, problem-solving and guidance in accounting/bookkeeping MYOB package
    6. Corporate secretarial services including maintenance of corporate registers and preparation of statutory documents required by ASIC.
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    International Dealing

    1. Setup, maintenance of accounting records, preparation of the periodic financial reports for the companies controlled by the foreign controlled entities, assistance with the auditors’ statutory financial reports
    2. Tax advices on the company’s conduit foreign income and non-assessable non-exempt income from the overseas investments
    3. Assistance with the preparation of documents for overseas subsidiary companies and representative offices
    4. Tax advices on non Australian residences for temporary residents, permanent residents and migrants

UPDATED NEWS

16/03/2020
Interest-rate-vaccine-failed-against-coronavirus-stimulus-Australia-market-stocks

ECONOMIC RESPONSE TO THE CORONAVIRUS

The Australian Government has announced an economic response totalling $17.6 billion across the forward estimates to protect the economy by maintaining confidence, supporting investment and keeping people in jobs. Additional household income and business support will flow through to strengthen the wider economy. A package of Bills will be introduced into Parliament in the final Autumn sitting week in March 2020 for Parliament’s urgent consideration and passage. Following passage of the Bills through Parliament, the Government will then move to immediately make, and register, any supporting instruments. While waiting for further updates from the Government, we will briefly review the main two aspects impacting the majority of clients: Delivering support for business investment Cash flow assistance for businesses Delivering support […]
22/07/2015
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Landlords Beware: Key issue for property investors

There has been a lot of negative conversation about negative gearing lately. But, if you are currently negative gearing your investment property, should you be concerned?
22/07/2015
1

Budget 2015: who is in the firing line?

If you are a high income earner, earn income from overseas, or have a large asset base, then, if the rumours have any truth to them, you’re in the firing line in the 2015/2016 Federal Budget.
22/07/2015
3

Tax scams catching out the unwary

Every tax time is an opportunity for scammers to target the unwary.

CONTACT US


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Business Address:

Suite 21, 40 Montclair Avenue, Glen Waverley, VIC 3150



E-mail: office@shenaccounting.com.au

Tel: +61-3-9561 1169

Fax: +61-3-9561 1926