Small and Medium Businesses

I provide end-to-end financial solutions for small and medium businesses, combining technical expertise with strategic insights to ensure compliance, minimize tax liabilities, and optimize cash flow.

Business Setup & Structure Advisory

  • Entity Selection: Guidance on the most tax-efficient structure (sole trader, partnership, trust, or company) for your goals.

  • Registrations: Assistance with ABN, TFN, GST, company name (ASIC), and business name.

  • Start-up Compliance: Advice on licenses, permits, and industry-specific requirements (e.g., FBT for hospitality).

  • Asset Protection: Strategies to shield personal assets from business risks.

 ðŸ“Œ Example: *Saved a café owner $12k/year by restructuring from sole trader to a family trust.*

Bookkeeping & Financial Management

  • Daily Transactions: Accurate recording of income/expenses (manual or automated via Xero/MYOB).
  • Bank Reconciliation: Monthly reconciliation to detect errors or fraud.
  • Cash Flow Forecasting: Projections to plan for growth or seasonal dips.
  • Custom Reporting: Profit/loss statements, balance sheets, and KPIs tailored to your industry.

📌 Example: Identified $8k in duplicated expenses for a retail store through rigorous reconciliation.

Payroll & Superannuation Compliance

  • Single Touch Payroll (STP): Processing wages, PAYG withholding, and super contributions.

  • Employee vs. Contractor: Correct classification to avoid ATO penalties.

  • Super Guarantee (SG): Ensuring timely payments (avoid 200% fines).

  • Payroll Tax: Registration and lodgement for growing businesses.

📌 Example: Resolved $7k in super shortfalls for a trades business before ATO penalties applied.

BAS/IAS Lodgements & GST Optimization

  • Quarterly BAS/IAS: Accurate GST calculations and lodgement.
  • GST Reconciliation: Maximizing input tax credits (e.g., equipment, inventory).
  • Fuel Tax Credits: Claims for transport/logistics businesses.
  • ATO Negotiation: Payment plans or dispute resolution.

    📌 Example: Recovered $15k in missed GST credits for a manufacturing client.

    Business Tax Returns & Planning

    • Tax Returns: Preparation for all entity types (companies, trusts, sole traders).
    • Small Business Concessions: CGT discounts, instant asset write-off ($20k threshold).
    • Tax Planning: Prepay expenses, income splitting, or debt strategies.
    • FBT Management: For businesses with company cars/phones.

    📌 Example: Reduced taxable income by $40k for a consultancy using prepaid expenses and trust distributions.

    ATO Liaison & Audit Support

    • Audit Preparation: Documentation and substantiation for high-risk claims.

    • Dispute Resolution: Negotiating payment plans or penalty waivers.

    • ATO Correspondence: Handling queries on your behalf.

    📌 Example: *Reduced an ATO audit bill from $25k to $3k for a restaurant through evidence-based appeals.*

    Why Choose Us?

    ✔ Industry-Specific Knowledge: Experience across retail, trades, professional services, and more.
    ✔ Proactive Approach: Year-round advice, not just year-end compliance.
    ✔ Technology Integration: Cloud accounting (Xero/QuickBooks) for real-time insights.
    ✔ Cost-Effective: Fixed-fee pricing with no surprises.