Business Details
24 Years
experience
Trusted Accountants in Penrith
Corporation One has served the Penrith community for nearly two decades, delivering expert accounting and cash-flow solutions tailored to individual and business needs. Our team specialises in personal tax returns, business tax accounting, and Self-Managed Super Fund administration, with additional expertise in supporting niche professions such as athletes and creative artists. We prioritise proactive advice, fixed-price billing, and fast turnaround times, ensuring compliance with evolving tax legislation while maximising financial outcomes.Backed by memberships in the Tax Practitioners Board, Institute of Public Accountants, and The Tax Institute, we combine technical proficiency with a client-centric approach. Our focus extends beyond numbers, addressing the driving factors behind financial positions to enable informed decision-making. With a reputation built on honesty and integrity, we partner with clients to navigate complex accounting challenges and secure long-term financial success.
Services
Personal Tax Accounting
Business Tax Accounting
Special Professionals Tax
Self-Managed Super Funds
Tax Planning
Details
- Year established: 2002
Highlights and features
- 20 years of local accounting expertise in Penrith
- Specialist knowledge in athlete and creative professional taxation
- SMSF specialists handling compliance and audit requirements
- Fixed-price services with transparent billing
- Members of leading Australian accounting and tax institutions
Associations and certifications
- Tax Practitioners Board
- Institute of Public Accountants
- National Tax & Accountants Association
- The Tax Institute
What people say
Expert tax advice
Timely service
Effective solutions
Knowledgeable staff
Stress-free process
Services
Personal Tax Accounting
Our personal tax accounting service ensures accurate income tax return preparation, maximising refunds while maintaining ATO compliance. We specialise in identifying eligible deductions, managing government payment interactions, and advising on tax minimisation strategies. With Registered Tax Agent accreditation, we handle complex personal tax scenarios including salary sacrificing arrangements and HECS debt management, providing clients with documented strategies to reduce future tax liabilities.
Business Tax Accounting
Comprehensive business tax solutions covering BAS lodgement, financial statement preparation, and strategic tax planning. We assist SMEs with corporate tax obligations, Fringe Benefits Tax, and capital allowance claims while implementing systems to improve financial reporting accuracy. Our team provides tailored advice on business structure optimisation, asset depreciation strategies, and compliance with evolving ATO requirements, ensuring businesses maintain proper records for audit readiness.
Special Professionals
Tailored tax services for athletes, artists, and creative professionals featuring income averaging strategies to manage irregular earnings. We specialise in claiming industry-specific deductions for travel, equipment, and professional development while ensuring compliance with sponsorship revenue reporting requirements. Our team works closely with management and agents to structure contracts optimally, balancing tax obligations with career development opportunities across high and low income periods.
Self-Managed Super Funds
Full-service SMSF administration from trust establishment through annual audit compliance. We guide clients through SMSF setup, investment strategy development, and ongoing reporting obligations while maintaining strict adherence to superannuation regulations. Our specialists handle fund documentation, member compliance, and audit coordination, partnering with financial planners to ensure retirement strategies align with clients' long-term financial goals.
Tax Planning
Proactive tax planning services focusing on liability reduction and compliance risk management. We develop customised strategies for individuals and businesses including income splitting arrangements, asset restructuring, and concession eligibility assessments. Our approach combines legislative expertise with financial forecasting to create documented plans that optimise tax outcomes across multiple financial years while maintaining full ATO compliance.
People
Peter Ryan
Principal Accountant
Peter Ryan brings over 20 years of accounting experience to Corporation One, specialising in personal and business tax solutions. He leads a team dedicated to delivering practical financial advice while maintaining compliance with evolving tax legislation. His expertise extends to SMSF administration and niche profession taxation, ensuring clients receive strategic guidance tailored to their unique circumstances.
Questions
How can a tax specialist help my business?
We ensure compliance with tax obligations while identifying cost-saving opportunities and streamlining administrative processes to improve business profitability.
Can I do my own tax returns?
While possible, our accredited accountants ensure compliance with changing regulations while maximising refunds through expert deduction identification.
What services do you offer?
We provide tax returns, business accounting, SMSF administration, special professional tax planning, and strategic financial advice.
Do you work with special professionals?
Yes, we specialise in tax solutions for athletes, artists, and creative professionals, including income averaging strategies.
How do I set up an SMSF?
We guide you through trust establishment, documentation preparation, and ongoing compliance requirements for self-managed super funds.
What if I have unpaid tax?
We assist with ATO negotiations, payment arrangements, and penalty reduction for outstanding tax liabilities and overdue returns.
Reviews (2)
Jamie Hunter
Oct 16, 2021
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I was introduced to Brett back in 2006 to help set up a sole trader structure to work as a contractor, something I had no idea of. Brett guided me through the process professionally. Fast forward to 2021 and Brett has helped me set up and manage company and trust structures, Start another company partnership then assist with that exit, along with managing our personal tax affairs that are complex with a number of investment properties. On top of this, the countless amount of advice and guidance along the way with my personal interests and protection at heart. A 15 year relationship and it's taken
Andrew Romano
May 15, 2021
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Wow! Just WOW! Have been a client of Corporation One for over 10 years now. Not only are they easy to deal with and accommodating but their knowledge has helped our business grow immensely! Thank you to Peter, Hayley & The Corporation One team for your ongoing support! :)
Highly Recommended!!!
Highly Recommended!!!
