Services Fees

How our fees work

Here at Mukiwa Accounting Services, we don’t believe in building preset packages that prescribe what a client needs without consulting them. It’s just not the way we work. Many accounting firms out there have pre-built “Gold, Silver, Bronze” packages that include a whole bunch of services that often aren’t relevant. At Mukiwa, we don’t believe you should be paying for a package you don’t need, which is why all of our services are tailored to suit you.

After we get to know your business inside out, we use a fixed fee billing system. Our fees are always focused on creating and delivering value to our clients. We understand just how hard it is to run a business as it is. You don’t need the added stress of a surprise bill or an arrangement that doesn’t suit your situation. Talk to us to find out more.

Tailored pricing that suits you

We tailor all our services to suit your needs. We don’t force our clients to choose a package that doesn’t suit them, rather we sit down and chat with you to find out what you require.

Our Fixed Fees

Below is a comprehensive list of the fixed fees we charge for specific services.

Whilst we will endeavour to honour these prices, we may need to charge additional fees if certain matters come to our attention that require additional time and expertise.

Tailored price packages

Please get in touch if you would like us to provide you with a quote for a specific service not otherwise shown here.

Bookkeeping, Payroll & BAS Services

Our bookkeeping & BAS related services are generally charged on an hourly rate basis, starting from $45/hour. However each of our consultants has a different charge-out rate, dependent on their level of experience and qualifications. A more comprehensive list of our services and charge-out rates is available upon request.

For surety and peace of mind, we are open to charging our clients a fixed monthly fee. However, we recommend an initial period where we charge for our services based on our hourly rates. This affords us the opportunity to better understand your business and what is required, whilst also ensuring we have the opportunity to recommend and implement better business practices. We would look to review our arrangement with our business clients after 3 months.

We do charge fixed fees for certain services, namely:

• Monthly IAS Returns $50 per return
• Quarterly BAS Return $190 – $230 per return (includes preparation of management report)
• Annual Payment Summaries $230 per return
• Acting as ASIC Agent $150 per annum

Individual Tax Returns

PAYGW Employee (2-3 deductions)

Cost: $190

PAYGW Employee (3+ deductions)

Cost: $230

Investment Rental Property Schedule (per property)

Cost: $75

Investment Capital Gains Tax Calculation and Schedule (per asset)

Cost: $75

Sole Trader Tax Return (dependant on complexity of business)

Cost: $300 – $750

More complicated tax returns may be charged based on additional time required and/or the nature of the advice provided.

Business & Trust Tax Returns

We would need to review your business or trust in more detail to provide a formal estimate of fees. However, we tend to typically charge from $1,000 to $2,500 for the preparation and lodgement of a set of company or trust financial statements and income tax returns. This would include the drafting of any annual director minutes and trustee resolutions.

Set-Ups & Registrations

Standard Company

• Registration of of new Pty Ltd company with ASIC, includes preparation of constitution and all required minutes in relation to appointment of directors, opening bank accounts, shareholder registers etc.
Cost: $800

Discretionary Trust

• Registration of of new discretionary or family trust, includes trust deed. If a corporate trustee is required, the additional ‘Standard Company’ registration fee will also be required to be charged.
Cost: $400

Unit Trust

• Registration of of new unit trust, including the trust deed. If a corporate trustee is required, the additional ‘Standard Company’ registration fee will also be required to be charged.
• Unit trusts are often seen as an ideal vehicle for investment activities between unrelated third parties in capital appreciating assets, unit trusts provide unitholders with fixed entitlements to income and capital.
Cost: $400

SMSF Deed of Establishment

• Formation of an SMSF. A SMSF is an effective tax and superannuation structure. It is highly recommended to have a special purpose SMSF corporate trustee.
Cost: $700

SMSF Special Purpose Company

• This company acts solely as the Trustee of a SMSF and is thus entitled to a low annual lodgement fee with ASIC. It is different from a standard company as no dividends may be paid.
• In addition in any director’s meeting, directors hold the number of votes equal to the balances of the members they represent including themselves or a minor.
• In addition where a member/director dies their place on the board of directors is taken by their Executor subject to the other directors voting for the Executor Director.
Cost: $900

SMSF Establishment with Corporate Trustee

• This company acts solely as the Trustee of a SMSF and is thus entitled to a low annual lodgement fee with ASIC. It is different from a standard company as no dividends may be paid.
• In addition in any director’s meeting, directors hold the number of votes equal to the balances of the members they represent including themselves or a minor.
Cost: $1,500

ABN, TFN, GST, PAYGW Registrations

• Relevant registration with the ATO. Price is per registration type.
Cost: $50

All fees are exclusive of GST but include any fees payable to appropriate 3rd parties e.g. ASIC.

Implementation & Training

Please contact us so we can arrange a face-to-face meeting to better understand your requirements and the scope of the work required. We will then be happy to provide you with a fee estimate.