need help with your taxes, contact us at info@dkmaccounting.com.au
meet your tax accountants
expertise matters when it comes to tax. With decades of experience, our tax accountants specialise in SMEs, super funds, and tax minimisation, ensuring compliance while reducing liabilities. From business structuring to technology integration with Xero and QuickBooks, we help businesses operate smarter and stay ahead.
Senior Tax Accountant
Lucky Madan
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Senior Tax Accountant with 15+ years’ experience specialising in SMEs, super funds, and tax minimisation strategies.
Business Development
jimmy nguyen
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Business Development expert, optimising tech stacks with QuickBooks, Xero, and integrated apps to streamline operations.
Tax partner
Mory Bahrami
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With 20 years’ experience, Morteza excels in structuring, client relationships, and building strong referral networks.
research. review. represent.
thorough tax research
We stay ahead of federal budget updates, ATO rulings, and case law to ensure your tax position is backed by the latest regulations.
focused due diligence
Every tax situation is different. We take the time to review your records, verify compliance, and identify tax-saving opportunities tailored to your circumstances.
end-to-end tax support
We don’t just lodge your returns, we represent you in dealings with the ATO, ensuring any audits, disputes, or tax queries are handled professionally.
income tax: what you need to know before the ato does.
Income tax applies to both individuals and businesses, yet the factors that determine what you owe or could save are often misunderstood. It’s more than reporting earnings; how income is classified, which deductions apply, and changes in tax law all shape your tax position. Whether you’re a salaried professional, a business owner, or managing investments, a well-informed strategy ensures compliance while optimising financial outcomes.
that ato doesn't tax everything the same way
Salary, dividends, rental income, and capital gains all follow different tax rules, with varying rates, concessions, and reporting obligations. Capital gains may qualify for a 50% discount if held for over 12 months, while dividends can carry franking credits that offset tax liabilities. Trust distributions shift tax responsibility to beneficiaries, often reducing overall tax exposure. How your income is classified isn’t just a detail, it directly affects how much you owe.
a deduction is only as good as its evidence
Not all deductions are created equal, and claiming them without proper records is risky. Work expenses, depreciating assets, and business costs must meet strict ATO substantiation rules. Overclaimed deductions, especially those involving personal use, travel, or entertainment can be flagged and denied. On the other hand, many taxpayers miss out on legitimate deductions like interest on investment loans or asset depreciation, which can provide significant long-term tax benefits. Knowing what qualifies and keeping clear documentation is key.
the ato knows more than you think
Tax audits aren’t random. The ATO detect inconsistencies using real-time data-matching, AI-driven risk profiling, and third-party reporting from banks, employers, and investment platforms. Undeclared income, mismatched ABN reporting, and sudden financial changes can all trigger an audit sometimes without a human even reviewing your file. Even cryptocurrency transactions and offshore income are actively tracked. With compliance now largely automated, staying ahead means ensuring accuracy before the ATO flags an issue.
tax done right, strategy done better.
We embed long-term tax-saving strategies into your accounting, ensuring consistent benefits rather than yearly guesswork. By staying ahead of federal budget changes and evolving case law, we craft solutions tailored to property, startups, small businesses, and creatives, never a one-size-fits-all approach.
Discover how DKM Accounting can optimise your tax strategy. Whether you're a business owner or individual, we provide tailored solutions to help you save and grow. Get in touch today and take control of your finances with expert guidance that works for you.
I was stressed about the ATO, foreign tax, and sales settlements. After weeks of searching, Jimmy listened, found the best solution, and went the extra mile. Grateful for his help—I'll definitely use him again, even for basic tax returns. Excellent service!
Linda R.
Fusion SD values DKM Accounting’s expertise and service. Karen Lee’s dedication and problem-solving have greatly impacted our operations. Grateful for a partner invested in our success. Thank you, DMK and Karen!
Fusion SD.
Jimmy is the most effective and communicative accountant I've worked with. Unlike others, he anticipates my needs, creates clear strategies, and helps me plan ahead. A real asset to DKM—I highly recommend their services.
KT Tran Group
locations
Find DKM Accounting near you. Our locations make expert financial support easily accessible, whether in person or online.
Bella Vista, NSW 2153
Location
408, 29 Lexington Drive
Bella Vista NSW 2153
Hours
Monday: 9:30 am - 6:30 pm
Tuesday: 9:30 am - 6:30 pm
Wednesday: 9:30 am - 6:30 pm
Thursday: 9:30 am - 6:30 pm
Friday: 9:30 am - 6:30 pm
Saturday: Closed
Sunday: Closed
Deakin, ACT 2600
Location
2/8 Phipps Cl,
Deakin ACT 2600
Hours
Monday: 9:00 am - 5:30 pm
Tuesday: 9:00 am - 5:30 pm
Wednesday: 9:00 am - 5:30 pm
Thursday: 9:00 am - 5:30 pm
Friday: 9:00 am - 5:30 pm
Saturday: Closed
Sunday: Closed
our accomplishments
2,000
Businesses Backed & Growing
From startups to industry leaders, we support over 2,000 businesses and professionals with expert legal and tax services. When clients grow, we grow with them.
+95%
Lodgements, Zero Last-Minute Rush
Tax deadlines don’t wait, and neither do we. 95% of client lodgements are submitted on time, keeping businesses compliant and stress-free.
$1M+
Deductions Secured
We’ve secured over $1 million in tax deductions, ensuring our clients keep more of what they’ve earned, legitimately.
99%
Audits, No Corrections
We get it right the first time. 99% of audits result in no corrections, saving our clients from unexpected tax liabilities and ATO scrutiny.
A tax accountant can help ensure accuracy, maximise deductions, and keep you compliant with ATO regulations. While simple tax returns can be self-lodged, professionals are beneficial if you have business income, investments, or complex deductions.
Key benefits include:
✔ Maximising deductions – Identifying tax-saving opportunities that might be overlooked.
✔ ATO compliance – Reducing audit risks and avoiding costly mistakes.
✔ Saving time – Handling paperwork efficiently, especially for businesses and investors.
✔ Extended lodgement deadlines – Registered tax agents often get extra time to file returns.
If you have multiple income sources, foreign earnings, capital gains, or a business, using a tax accountant can improve your tax outcome while reducing stress.
A tax accountant helps individuals and businesses manage tax obligations, reduce liabilities, and stay compliant with ATO regulations. Their role goes beyond just lodging tax returns, they provide strategic advice to optimise your financial position.
This includes:
✔ Prepare & Lodge Tax Returns – Ensuring accuracy and claiming all eligible deductions.
✔ Identify Tax-Saving Opportunities – Advising on deductions, offsets, and structuring income efficiently.
✔ Handle ATO Compliance & Audits – Minimising audit risks and responding to ATO queries.
✔ Business & Investment Tax Advice – Advising sole traders, companies, and investors on tax planning.
✔ BAS & GST Support – Assisting businesses with tax reporting and compliance.
✔ Capital Gains & Foreign Income Advice – Managing tax on property sales, shares, crypto, and overseas income.
Whether you’re a salary earner, business owner, or investor, a tax accountant helps navigate tax complexities while ensuring you meet your obligations.
At DKM Accounting, we offer fixed, transparent pricing for tax returns:
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Basic Salary/Wage Return – $198
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Additional Schedules (e.g., Capital Gains Tax) – $66 per schedule
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Sole Trader Tax Returns – $395
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Company Tax Returns – $1,980
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Trust & Superannuation Returns – Custom pricing based on complexity
While accounting fees have decreased over the years due to automation and improved reporting platforms, the focus on accuracy and compliance has increased. The rise of crypto transactions, complex deductions, and ATO data-matching has also made tax calculations more intricate, impacting pricing.
Using a tax accountant ensures your return is done correctly, minimising errors and maximising eligible deductions. Contact us to discuss your tax needs.
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A tax accountant provides tax advice, prepares financial records, and helps with tax planning. A tax agent is a registered professional who can legally lodge tax returns, interact with the ATO, and represent clients in tax matters.While all tax agents are accountants, not all tax accountants are registered tax agents. To become a tax agent, an accountant must meet specific qualifications and register with the Tax Practitioners Board (TPB).
If you need tax structuring, planning, or bookkeeping, a tax accountant can assist. However, for lodging tax returns, handling ATO disputes, or representing you in audits, only a registered tax agent can act on your behalf. At DKM Accounting, we are registered tax agents, ensuring we provide both strategic advice and full ATO compliance.
Interest earned from a savings account in Australia is considered taxable income, but there are legal ways to minimise the tax payable. Holding savings in a low-income earner’s name may result in a lower tax rate, as individuals with income below the tax-free threshold do not pay tax on interest earned. Another approach is using tax-effective structures such as a family trust or self-managed super fund (SMSF), which may offer lower tax rates depending on the circumstances.
Placing savings into an offset account instead of a standard savings account can also reduce taxable income by lowering interest on a home loan rather than earning taxable interest.
Reinvesting savings into tax-friendly investment options, such as Australian shares that pay fully franked dividends, can also provide tax credits that offset other tax liabilities. While interest from savings accounts is difficult to shelter entirely from tax, structuring savings efficiently can help reduce overall tax exposure.
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