Valles Accountants is a boutique accounting firm, conveniently based in the Melbourne CBD.
Our team of professional tax accountants – lead by Greg Valles – brings more than 35 years of collective experience. We provide accounting, tax and advisory services for small- to medium-sized enterprises and high-net-worth individuals worldwide.
Valles tax accountants pay special attention to creating strong relationships with our clients, based on transparency and trust. We provide sound advice and tailor our technical expertise to meet each client’s personal requirements.
We pride ourselves on our professional and proactive approach, our business acumen, and being the tax accountants you or your business is looking for.
We understand context and connections so we can predict outcomes. This enables our tax accountants to plan ahead and gain a better result for our clients.
Our proactive tax planning drives better results. Contact Valles for tax accountants near you.
Valles tax accountants provide tailored accounting and advisory services for small- to medium-sized enterprises and high-net-worth individuals.
Our extensive tax advisory services range across Accounting, Taxation and Business, Management Consultancy, Corporate Advisory, and Estate Planning and Succession Planning.
Our tax accountants specialise in the following industries:
A decision in life has consequences, as do those in business. We learn from experience and often put our shortcomings down to a lesson learned; but not all lessons need to be learned.
Instead, the right tax advisory consulting will help achieve great outcomes without surprises or pain.
Valles tax accountants are engaged to represent our clients through a range of services to understand the obstacles, challenges, and barriers and help them navigate through what lies ahead.
Many people turn to our tax accountants for advice on:
Valles tax advisors assist people with legal and tax advice about their cryptocurrency tax obligations.
Our tax accountants also have expertise and experience in assisting with an initial coin offering (ICO). This includes:
In a divorce, understanding and seeing the full picture is crucial. Business financials can be complex and need to be interpreted and explained to show how a business runs, what it is worth, and what assets it has, to form a true valuation.
Thus, it makes sense when working through a divorce that one has clarity and a clear picture of what is in front of them and what is at stake from an individual and group perspective, to ensure that their best interests are protected.
Valles tax accountants help our clients to understand the business and the individual position of their partner, and what it is worth to assist them in getting their entitlements.MAKE AN ENQUIRY
We offer specialist tax accounting for Australian individual and business needs. Reach out to Valles for our comprehensive range of services in tax planning.
Workforce International Group operates all over Australia. Valles Accountants, have provided us with strong strategic advice and support over many years. They have dealt with many complex issues and resolved them in a prompt and timely manner.
Greg Valles and his team are a highly regarded and competent company.
- Ray Roberts - CEO Workforce International Group & Workforce Marine Group
I have been with Greg Valles now for 8 years could not think of a better person to Trust and Talk regarding business and Life, he has become one of my personal friends that I lean on when needed. I can only say what I know.
- Robert DiPierdomenico - Footy Legend, AFL Hall of Fame Inductee, Entrepreneur, and All-around Great Guy
Greg and his team are not only incredibly talented but have a strong sense of integrity and the ability to make their customers feel highly valued and understood. No problem or issue is too big or too hard when it comes to accounting!! I have had my company in Greg’s safe hands for many years and I would never go anywhere else!! I can’t thank Greg enough for his loyalty and support as he has helped me grow my business from the ground up. Greg is so much more than an amazing accountant.. he can help you plan your success and execute it with precision, thank you Greg!
- Claire Besley - CEO & Founder | Self Directed Healing Practitioner Trainer | Speaker | Executive Coach
I have known, worked with and been a client of Greg’s for some time. I have found his expertise in corporate structuring, tax and business strategy to be exceptional and in particular highly appreciate his team’s willingness and enthusiasm to collaborate with the other stakeholders of high-end clients to develop holistic business solutions.
- Tom Ryan - Executive, Capital Markets & Funds Management
I have known Greg for a long time and I have been his client for quite a few years. Greg has been my ‘go to’ for every kind of advice regarding my professional business as well as my personal business. Greg has been so exceptional with regards to attention to detail and ensuring that all my work & contracts are complete and handed in on time. Greg is highly regarded amongst his peers and his industry and is a delight to have as a mentor. I can highly recommend him for corporates, large and small businesses.
- Helen Reizer - Director -HRPR & Event Management
Valles Accountants is so much more than just an Accountancy Firm. Greg Valles has been like a Business Coach to my husband and I, and our children. We have been fortunate to have had Greg Valles as our Accountant for just over ten years and he has guided us through many different situations. Greg has not only assisted us with our regular Accounting needs, he has acted as a mentor and trusted advisor to me and my family.
Greg has supported us through the purchase of a family business and then coached me, encouraged me and guided me to make many difficult decisions to totally transform our business, in a declining industry, into a very successful business that is relevant in the world today. Thank you to Greg and all of his team for their assistance to our family. We are extremely grateful.
- Jennifer Carland
Whilst information and advice matters, understanding people’s circumstances is what ties those very important elements together. My personal experience with Valles Accountants is that they take the time to consider all the things that matter in your situation. Only then do they provide you with a bespoke service that reflects what’s right for you today, with an eye on where you want to be tomorrow and into the future.
Exceptional customer service, I commend them highly.
- Steve Vallas - CEO Blockchain Australia
Greg and his team have been excellent accountants in helping our company work through the complexities of cryptocurrency tax matters. Even in very complicated and new areas of taxation rules and best practices, Valles have applied innovative thinking and excellent communication to allow us to move forward with our operations with confidence.
- Simon Harman - Founder and CEO of the Loki Project.
Tax planning is arranging your financial affairs to keep your taxes to a minimum.
As for how to reduce taxable income, a tax accountant will analyse your financial situation, both now and for the future. By taking into account the specifics of your situation and tax considerations, it is possible to create a tax-efficient plan that minimises how much tax you are obliged to pay.
These considerations can include the amount and timing of income within the financial year, the sources of income and the use of different types of assets, planning for expenditures, and saving for retirement.
Tax planning is an essential part of any wealth management or investment strategy. It is entirely legal, when conducted within the intent of the law. Illegal steps taken to minimise tax are not tax planning, but tax avoidance.
At the end of the day, tax planning isn’t about trying to trick the government out of its tax revenue, but about individuals and organisations making use of the tax laws as they exist.
The ATO has many tax concessions to help the Australian businesses that are the engine of our economy, but many of these are hidden without the help of a tax advisor.
Tax accounting is the preparation, payment and return of taxes for individuals and organisations, as well as planning to minimise the amount of tax that is required to be paid to the government.
Tax accountants make sure that the financial affairs are in compliance with ATO regulations. Effective tax management is necessary to handle the complicated taxes of large businesses or individuals of high net worth, to make sure they are legally compliant.
This includes accurate compiling of documents, handling funds and investments, and forecasting of cash flow and tax finances. The applicable taxes can be as wide-ranging as GST, PAYE and stamp duty.
As well as tax preparation and compliance, tax accountants can also create a tax efficiency strategy for how to reduce taxable income. Nearly every business decision will have implications around how to reduce tax, and taking this into account will help to reduce the tax burden and cut down on costs.
Tax laws are complex and change over time, meaning that taxpayers need to rely on the expertise of professional tax accountants to make full use of their tax concessions. Tax advisors are an essential part of any wealth management or investment strategy.
The key for how to reduce tax is the structure of your investments or business ventures. This could be as an Individual or a Partnership, in a Company or a Trust, or through a Self-Managed Super Fund.
Different entities have different tax rates as well as different regulations governing them. A tax advisor will be able to guide you on which makes the most sense for your financial situation.
As well as the overarching structure, the timing of investments makes all the difference. All income earned and expenses incurred will be counted during the financial year, running from 1 July to 30th June.
Planning the timing of when money comes in and out can impact your tax obligations. For example, if you had a high-earning year, defer income to after the 30th of June, so that it falls in the year that is likely to have a lower tax rate. Another tactic is to hold onto assets for at least 1 year before selling them, to benefit from the 50% CGT concession.
Keep in mind that the sale of a property is dated to when the contract is signed, not the settlement day.
Lastly, make sure to make full use of tax concessions. For example, a tax advisor can guide you around salary sacrificing, or redirecting part of salary or wages into your superannuation fund, to be taxed at a lower rate than your income tax bracket.
You can claim vehicle expenses on your taxes, for journeys made for work-related purposes, other than the actual commute between home and work.
You can’t claim tax concessions for the costs of driving between home and work, no matter how long the commute is. However, other work-related journeys do count as tax-deductible expenses.
If your place of work is spread across more than one site, then driving between these sites is a tax-deductible expense – as long as none of the sites is also your home. So driving from your usual worksite, to a different site, then back to your usual place of work, are all counted as vehicle expenses that can be claimed for tax concessions.
Tax accountants can help identify other tax-deductible expenses, such as driving to pick up equipment for work and driving to meetings, conferences and other events that aren’t at your usual place of work.
Finally, expenses can only be claimed once. This means that you can’t claim vehicle expenses as a tactic for how to reduce tax, if the journey or the costs have already been reimbursed by your employer.