FAQs for Quick Reference 

It can be easy to overpay on your taxes if you don't have the correct business structure in place and haven't been keeping accurate records of your expenditure. A big part of what we do is consulting closely with your business to ensure you're not paying more tax than you should. 

This will depend on your individual circumstances and how your business is structured. Generally, we advice to have a separate bank account for business transactions to make it easier to track what is a business expense vs. a personal expense. 

As your accountant for a new small business, here's a rough guide on what we do to help you if you're starting your new business.

- Once we meet with you, our aim is to gain information on you as an individual and your businesses motives and goals, recommend and establish a suitable business structure based on your requirements and establish a suitable method for accounting for the business

- We will advise you of all obligations with the ATO, set up all necessary registrations with the ATO including obligations related to running a business

- We can supply Xero training through email and telephone support accompanied with support and are always available to answer client queries.

- If you wish to focus on operating your business, we will advise on the best way to prepare your business documents for us

- We will attend to all ATO lodgements and prepare accounts on a regular basis in order to provide meaningful reports that can be used in making the business operate more efficiently

- We are always available to answer client queries and more than happy to attend on site for clients who find it hard to get away.