Introducing The BankLink Service for Self-Managed Super Funds (SMSFs)

“The BankLink Service provides SMSF trustees with solutions to simplify the accounting process – letting trustees spend less time on accounting compliance and more time with their family.”

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To effectively meet the strict compliance requirements for our Self-Managed Super Fund (SMSF) clients, Prouse Family Accountants has recently implemented The BankLink Service. This will enable us to work more efficiently and accurately with our SMSF clients.

How does it work?

BankLink securely collects electronic copies of your statement information from your bank or financial institution and then delivers this directly to Prouse Family Accountants.

Using BankLink, we can process your transactions and, where additional information is required, request additional information from you.

BankLink benefits for SMSF trustees:

  • Saves time and hassle – you no longer have to send in paper statements .
  • Accurate transactional data for audit purposes
  • Less chance of documentation getting lost or misplaced – by receiving regular transaction information from BankLink, on a monthly basis, we will be able to communicate with you more regularly and collect the paperwork we require.

Is it secure?

The BankLink Service is a totally separate system from internet banking and it does not allow any transactional capabilities on your accounts. You will continue to receive paper bank statements and our practice will simply receive an additional copy.

Your statement information is totally secure, as The BankLink Service complies with the stringent international security requirements of all the major banks and financial institutions.

How to get started

Call the office on 9246 9055 or email: olive@prouse.com.au and we will email you an information pack and a registration form to complete and send to your bank authorising us to receive an electronic copy of your bank statement.

Typically, you will need to allow 2-3 weeks for the BankLink service to be enabled on your business bank accounts.

Office Closed: 16 December to 9 January

 

We’re closing the office from Friday 16 December until Monday 9 January

 

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Prouse Family Accountants has already lodged more than 5000 income tax returns this financial year. Just like previous years, we are closing the office for a couple of weeks to relax, rewind and recharge with family and friends.

Whilst the office is closed we will not be accessing our email or returning phone calls. We will return at 9AM on Monday 9 January 2011.

If we are waiting on information from you to finalise your return then we aim to complete it in January.
Thank you for your referrals

We appreciate our clients and we look forward to working with you again in the coming year. The greatest compliment you can give us is when you refer your friends, family and small business colleagues.

Prouse Family Accountants would like to wish you a Merry Christmas and we hope you make a safe and successful start to 2012!
 

Merry Christmas

Rob Prouse
Prouse Family Accountants

PS: If you need some help getting organised then click here to download our tax return checklist (PDF).

2011 Tax Return Services

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From 1 July 2011, Prouse Family Accountants will be able to prepare and electronically lodge individual and business income tax returns for the 2010/11 financial year. We can prepare income tax returns for: Salary and wage individuals Rental property owners Pensioners and self funded retirees Fly in/Fly out workers Small business owners Sole traders, partnerships, [...]

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Prouse Family Accountants joins the Stirling Business Association

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Prouse Business Tax Accountants has recently joined the Stirling Business Association – a non profit association based in the City of Stirling that provides representation, support and networking opportunities to small business owners in the local area. We are pleased to offer our small business services to SBA members. If your business is based in [...]

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Oops! Common Errors on Personal Tax Returns

These are the most common errors we find on personal tax returns previously lodged by clients using the Tax Pack or ATO e-Tax. Incorrect, missing or understated: Bank interest income Share dividends and franking credits Capital gains and losses Personal or Business income Home Office and Work Related Expenses Depreciation on Rental Property fixtures and [...]

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Rob Prouse – Registered Tax Agent

Rob is the founder and managing director of Prouse Family Accountants and holds a Bachelor’s Degree from the WA Institute of Technology (now Curtin University). He is a Registered Tax Agent and Fellow of the Tax Institute of Australia (TIA) and the National Tax & Accountants Association (NTAA). Rob has been in private practice for [...]

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