Number One Solution is an accounting and tax consulting service based locally in Coffs Harbour focussed on providing cost effective solutions for individuals and small business clients. It is operated by David Nicholls, a registered tax agent, who has had 40 years experience in both large and small business, corporate banking and accounting. We have a small team but are dedicated to providing the
best advice and achieving the best possible outcomes for all our clients in a personal manner. In summary we:
Prepare and lodge tax returns for individuals and all other entities including partnerships, companies, trusts and self-managed superannuation funds;
Do your bookkeeping using computer or cloud based applications such as MYOB & Xero and prepare regular financial statements;
Provide GST advice and prepare and lodge your regular ATO BAS & IAS Statements;
Offer professional advice on negatively geared investment properties;
Deal with Fringe Benefit Tax issues, Workers Compensation and Payroll Tax;
Review and install business accounting systems including cloud based applications;
Deal with your payroll and process your superannuation payments and creditors;
Arrange new company registrations, lodge annual ASIC returns, make changes to shareholders and directors as required and prepare company minutes & resolutions. Analyse your business performance including:
Business analysis
Business plans
Budget and cash flow management
Succession planning
Business start up
Forecasting and benchmarking
Business Valuations
Prepare and provide helpful and cost effective advice for:
Tax compliance issues;
Tax planning; and
Management accounting including cash flow control
