Welcome to A. Costa & Associates

Accountants & Business Advisors

Welcome to A. Costa & Associates

Accountants & Business Advisors

Accounting is so much more than dealing with historical information and forms.

Welcome

Learn more about how the team at A. Costa & Associates can help you with your taxation and accounting needs.

Our Practice was launched in January 2000 after the implementation of the GST in Australia. A group of like minded accountants realised that the GST would have enormous implications for small business.

We knew that there would be significant demand for regular information and support services - beyond the role of the simple "tax" accountant. We needed a system and set of processes that would enable us to communicate with our client base on a regular basis and allow access to important information from the Australian Taxation Office and other sources of information.

At A. Costa & Associates, we believe in providing quailty Accounting, Finance, Taxation and Business Advisory services to our client base in a timely and efficient manner.

Our website has been designed with this in mind and allows our clients to gain immediate access to the information, resources and help they need to run their businesses. We look forward to meeting you and welcoming you as a client to A Costa & Associates

For sound business, taxation or financial advice, allow us to assist you to do what you want, when you want and in the manner that you want

Our Services

Services that cover the full spectrum of business and personal accounting, taxation and advisory needs.

Keeping you up to date on various matters that could impact you.

Latest News

Businesses ghosting the ATO targeted in debt collection blitz

Businesses ghosting the ATO targeted in debt collection blitz

Clients failing to engage must “act now” or face rapid escalation of enforcement action, the Tax Office has warned agents....

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Claiming the tax-free threshold: getting it right

Claiming the tax-free threshold: getting it right

If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”....

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Aussies tired of ‘dodgy tax criminals’, warns ATO

Aussies tired of ‘dodgy tax criminals’, warns ATO

The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019....

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Protect your small business by following these essential steps.

Protect your small business by following these essential steps.

Cyber security is everyone’s business. With cyber threats becoming more frequent and complex now is the time to make sure your business is secure....

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Super guarantee a focus area for ATO business debt collection

Super guarantee a focus area for ATO business debt collection

The ATO has recently confirmed some key focus areas of business debt collection – including debts relating to superannuation guarantee (SG), pay as you go (PAYG) withholding and GST....

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Controversial ‘Airbnb tax’ set to become law

Controversial ‘Airbnb tax’ set to become law

A levy on short-stay accommodation bookings will apply from next year after being passed by the Victorian parliament....

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Withholding for foreign residents: an ATO focus area

Withholding for foreign residents: an ATO focus area

The ATO is currently focusing on ensuring that taxpayers are aware of their obligations regarding treatment of withholding amounts and amount paid to foreign residents....

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1 in 3 crypto owners confused about tax, study reveals

1 in 3 crypto owners confused about tax, study reveals

Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned....

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20 Years of Silicon Valley Trends: 2004 - 2024 Insights

20 Years of Silicon Valley Trends: 2004 - 2024 Insights

Check out the 20 years of Silicon Valley Trends...

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Leave the paperwork and bring your business online.

Client Resources

Login to our Secure Client Portal or enjoy the links to FREE tools and calculators supplied by MoneySmart.

Get in touch with us. We're here to help you.

Contact Us

We'd love to get in touch and we welcome any enquiry that you may have

Get in Touch

A. Costa & Associates welcomes your enquiry. To book an appointment or simply ask us a question, fill in your details and we'll be in touch soon!

  • Building M 115, 87 Turner Street, Port Melbourne VIC 3207
  • PO Box 200, PORT MELBOURNE, VIC 3207
  • (03) 9646 0177
  • admin@acosta.com.au

Careers

We look for well rounded individuals that will fit in to a team environment, that has built a reputation for delivering quality advice and excellent service.

We are looking for:

Unfortunately, there are currently no available positions.

Accounting Services and Income Tax Returns

We believe accounting services should be straight forward and stress-free. By providing cutting edge accounting, taxation and financial solutions, our team at A. Costa & Associates will work with you to understand your needs and help you achieve your goals. Our approach will make it easier for you to manage your cash flow and meet your tax obligations.

Income Tax Returns can be complex and there are tax deductions and expense claims which are permissible, but of which you may not be aware. We can help you minimise the tax payable, and potentially increase your tax refund, while making sure your tax return is lodged on time.

We understand that Fiscal compliance is of the upmost importance, however, we at A. Costa & Associates also believe in offering additional input regarding management support for all levels of your business and personal situations.

Our expertise includes the following:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Tax & Accounting Consultancy Services

Management Accounting includes the preparation of management reports and accounts that provide accurate and timely financial and statistical information. Information required by managers to make day-to-day and short-term decisions more efficiently and effectively to achieve desired outcomes such as increasing profit or delivering improved services.

Unlike financial accounting, which produces tax returns and annual reports, management accounting generates monthly or weekly reports for an organization's management and decision makers. These reports typically show items such as available cash, sales revenue, orders in hand, accounts payable and accounts receivable, and outstanding debts. An important aspect of Management accounting is determining what information management needs and communicating this effectively.

A. Costa & Associates can assist with all aspects of management reporting including:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Business Accounting

You concentrate on running your business and let A. Costa & Associates take care of all your business accounting and taxation requirements. The following list covers many of the areas where we help our clients but we also like to understand what your business is trying to achieve so that our input maximises your outcomes.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Self-Managed Superannuation Funds (SMSFs)

Setting up a Self-Managed Superannuation Fund is a major financial decision. We understand that you’re busy and that the SMSF rules are complicated. We will provide you with an end to end solution giving you access to all the support and expertise you need to ensure your SMSF is well managed and compliant.

A SMSF can have many advantages but, equally, you need to consider the reasons why a SMSF may not suit your needs. We can help you decide if this is the right option for you.

Advantages of a SMSF:

Having control of your retirement savings can lead to a deeper understanding of how your overall wealth is tracking, and gives you more confidence in your investment and lifestyle decisions.

You can have access to a broader range of investments. You can invest in the usual options such as shares, term deposits, managed funds and property but you can also hold alternative assets such as artwork, jewellery, antiques, and wine. There are though, very strict rules on holding the latter assets in your self-managed super fund.

You retain control while still being able to take advice from your advisors.

Beneficial tax planning strategies.

Greater flexibility for accessing Centrelink benefits such as the age pension.

But a SMSF is not for everyone:

If you have set up a self-managed super fund (SMSF), you are in charge and you make the investment decisions for the fund. You must also be aware that you are responsible for complying with superannuation and tax laws, maintaining records, providing financial statements, completing tax returns and organising an annual independent audit.

You also need time and expertise to run your SMSF.

Compliance is very important.

There can be up to 4 Trustees and their thoughts and ideas have to be included.

The ATO offers advice on the responsibilities of having a SMSF.

A. Costa & Associates offers advice on all SMSF services, including:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Business Advisory

Choosing your business structure is an important decision and A. Costa & Associates can consult with you and suggest the best structure for your business. There are four main business structures commonly used by small businesses in Australia. They are:

Companies and Trusts are more complicated business structures but they have their advantages and A. Costa & Associates can discuss these with you. It is important to note that you can change your business structure throughout the life of your business.

We can also assist with:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Corporate Compliance

A. Costa & Associates has the experience and understanding of the legal and regulatory framework that applies to business entities and we can help you understand the myriad compliance programs and regulated obligations that affect your business/company. We will make sure your business/company meets all its obligations to ASIC (Australian Securities & Investments Commission), the ATO (Australian Taxation Office) and the SRO (State Revenue Office of Victoria). Compliance is of paramount importance but we also believe that management advice and support is a crucial aspect of corporate accounting.

We can assist with:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9646 0177 or make an enquiry via email at admin@acosta.com.au and one of our staff will get back to you as soon as possible.

Accounting Videos

Secure File Transfer

Secure File Transfer is a facility that allows the safe and secure exchange of confidential files or documents between you and us.

Email is very convenient in our business world, there is no doubting that. However email messages and attachments can be intercepted by third parties, putting your privacy and identity at risk if used to send confidential files or documents. Secure File Transfer eliminates this risk.

Login to Secure File Transfer, or contact us if you require a username and password.

Tax Diary

General Calculators

Useful Links

Tax Deductions by job