An ACN (Australian Company Number) is issued by ASIC to companies for unique identification under Corporations Law. Only companies receive an ACN. An ABN (Australian Business Number) is issued by the ATO to all entities in business, regardless of size, and must be shown on invoices. An entity with an ABN doesn't need to register for GST unless annual turnover exceeds $75,000. A company's ABN uses its ACN with a two-digit prefix.

A Business Activity Statement (BAS) is issued by the ATO to all GST-registered entities for reporting GST activities. It can also be used for PAYG withholding, fringe benefits tax, and PAYG income tax instalments. BAS is usually issued quarterly but can be monthly.

Tax depends on structure: Companies: 25%-30% of net profit. Superannuation funds: 15% of net profit. Individuals: 0%–47% depending on income scale. Getting the right structure is essential for tax effectiveness.

Only if your business is registered for GST (annual turnover exceeds $75,000). If so, you must add 10% GST to all invoices. (Unless required by law for industries such as taxi & rideshare)

Depends on your business and structure. If required for travel (suppliers, meetings, business locations), deductions may be available. We can advise on correct deduction method.

You'll need an accounting package such as Xero, properly set up. We assist with Xero setup, training, and ongoing support to ensure smooth payroll.

If registered for GST, you charge 10% GST on invoices and can claim GST paid on business expenses. Net GST is remitted to the ATO quarterly. Keep invoices/receipts for five years for claims over $75.

We tailor involvement to your preference, supporting clients who want to handle more themselves or outsource administration. Flexible packages and support help reduce fees.

Systematic record keeping is essential. We advise clients on best practices for organizing paperwork efficiently.

The best structure (partnership, sole trader, company, trust, super fund, or combination) depends on your needs, goals, and tax effectiveness. We work with you to select the most appropriate option.

Yes. We help clients Australia-wide, leveraging phone and email support for remote assistance.

We review your stage in the business life-cycle, liaise with previous accountants, address unsolved issues, manage ATO/ASIC relations, review prior accounts, and offer tailored support.

STP requires employers to report payroll, PAYG, and super info to the ATO as employees are paid. Compulsory from 1 July 2018 for 20+ employees; from 1 July 2019 for smaller employers. STP eliminates annual payment summaries and allows MyGov reporting for employees. Payroll software must be STP-compliant.