Business Start-Up

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects of creating a new business, we can help you:

GST
  • Registration requirements and thresholds
  • When must you register versus when it is beneficial to be registered
  • Requirements for preparing and submitting your Business Activity Statements
  • Record keeping requirements

Income Tax Obligations

  • Explain the different tax consequences for the structure of your business and how this will specifically impact you
  • How to manage your personal income tax now that you own a business
  • Explain the legitimate business related deductions – allowable deductions in key areas such as motor vehicles, equipment, operating expenses, insurances, working from home, entertainment, business related travel, education, training and more
  • How the ATO's compliance 'hot spots' and benchmarking impact your business

Superannuation Obligations

  • How your personal obligations for superannuation change when you are self-employed
  • Your legal obligations to your employees and contractors

Staffing and Labour

  • Legal differences and obligations between staff and contractors
  • Explain compulsory work cover and workers compensation policies
  • Your personal obligations for superannuation and PAYG withholding tax for your employees

Record Keeping

  • Recommend systems to keep track of your income and expenses (eg accounting systems such as MYOB versus spreadsheets versus paper records)
  • Establish record keeping systems – on premise, offsite, in the cloud

 

Let us help you turn your business idea into a reality!

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Your Business

We offer a wide range of services to help you set up, run and grow your business as effectively and as stress free as possible.

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You and your family

Need help getting your family finances in order? Our specialist services include Taxation, SMSF services, estate planning plus many more.

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Your community

Our team can assist your community organisation with their financial reporting and auditing needs. 

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