Business Services

Small Business Accountant in Busselton

Practical accounting, tax and business advice for small businesses

Running a small business takes more than keeping the books and lodging a tax return. You need to understand your numbers, stay on top of your tax obligations and make informed decisions about the future of your business.

I’m Angie, a Chartered Accountant and the owner of Accelerated Freedom Accounting. I help small business owners in Busselton and throughout the South West of Western Australia with practical accounting, taxation and business advice.

Whether you’re a sole trader just starting out, an established company or trust, or a growing business that needs more support, I can provide the accounting services and advice you need to keep your business on track.

Based in Busselton | Servicing Busselton, Vasse, Dunsborough, Margaret River and the wider South West

Your local Busselton small business accountant

As a small business owner myself, I understand that you don’t just need an accountant who prepares your tax return once a year.

You need someone who can help you understand what’s happening in your business, answer your questions and provide advice when you need it.

At Accelerated Freedom Accounting, I work with small businesses across a range of industries and business structures, providing personalised accounting and tax services throughout the year.

My aim is to make your accounting simpler, help you understand your financial position and give you the information you need to make better business decisions.

Accounting services for your small business

I can help with the accounting, taxation and compliance requirements of your business, including:

Bookkeeping and record keeping

Good records are the foundation of a well-managed business.

I can help you establish good record-keeping processes and make sure your accounting system is set up correctly. If you use Xero, I can also help you get the most from your accounting software.

BAS preparation and lodgement

Your Business Activity Statement doesn’t have to be stressful.

I can review your accounting records, prepare and lodge your quarterly BAS and help you understand your GST, PAYG and other obligations.

Payroll and STP

If you employ staff, there are additional payroll and reporting obligations to manage.

I can assist with payroll processing, Single Touch Payroll (STP), payroll reconciliations and end-of-year STP finalisation.

Financial statements

Understanding your financial statements can help you see what’s really happening in your business.

I prepare financial statements for businesses and explain the results in plain English, including what your profit, expenses, assets and liabilities mean for your business.

Business tax returns

I prepare tax returns for a range of small business structures, including sole traders, companies, trusts and partnerships.

Rather than simply preparing your return, I can also look at your overall tax position and identify opportunities for tax planning.

Tax planning

Good tax planning shouldn’t only happen at tax time.

I can help you understand your expected tax position and consider strategies to manage your tax obligations while making sure you meet your Australian Taxation Office requirements.

Help choosing the right business structure

Starting a business?

Choosing the right structure from the beginning can make a significant difference to your tax, asset protection, administration and future flexibility.

Depending on your circumstances, you may operate as:

  • a sole trader
  • a company
  • a discretionary trust
  • a partnership

There isn’t one structure that is right for every business.

I can help you understand the advantages and disadvantages of the different structures and work with you to determine an appropriate structure for your circumstances.

If your business has grown or your circumstances have changed, it may also be worth reviewing whether your current structure is still appropriate.

Understand your business numbers

Your accounting information should be more than something you give your accountant at tax time.

Regular financial information can help you answer important questions such as:

Is my business actually making money?

Where is my money going?

Can I afford to employ another person?

How much tax should I be putting aside?

Can I afford to purchase new equipment?

Why is my bank balance lower than my profit?

Am I charging enough for my products or services?

What should I be doing to improve my cash flow?

I can help you understand your numbers and use your financial information to make better decisions.

Cash flow and business forecasting

A profitable business can still experience cash flow problems.

Cash flow forecasting can help you understand when money is expected to come into and leave your business, allowing you to identify potential shortfalls before they become a problem.

Depending on your needs, I can help with:

  • cash flow forecasts
  • budgets
  • financial forecasts
  • business performance reviews
  • management reports
  • profitability analysis
  • reviewing business expenses
  • understanding your margins
  • planning for future growth

The goal isn’t simply to produce another report. It’s to give you information that you can actually use to manage your business.

Ongoing accounting support

You don’t have to wait until the end of the financial year to speak to your accountant.

For business owners who want ongoing support, I offer monthly accounting arrangements that can provide regular assistance throughout the year.

Depending on the package and your needs, ongoing services can include:

  • quarterly BAS preparation and lodgement
  • annual financial statements
  • business tax returns
  • quarterly business overview reports
  • ongoing tax planning advice
  • Xero assistance
  • accounting support throughout the year

An ongoing arrangement can make your accounting costs more predictable and means you have an accountant you can turn to when questions arise.

Accounting for different business structures

I work with small businesses operating through a range of structures.

Sole traders

If you’re operating as a sole trader, I can help with your bookkeeping, BAS, business income and expenses, tax return and ongoing tax obligations.

Companies

For companies, I can assist with financial statements, company tax returns, BAS, tax planning, ASIC compliance and ongoing accounting requirements.

Trusts

I can assist businesses operating through discretionary trusts with accounting, financial statements, trust tax returns, distributions and related compliance requirements.

Partnerships

I can help partnerships keep their accounting and tax obligations organised and ensure the financial results are accurately reported.

Why choose Accelerated Freedom Accounting?

Choosing an accountant is about more than finding someone to lodge your tax return.

You want an accountant who understands your business and can explain things clearly.

At Accelerated Freedom Accounting, you’ll receive:

Personalised service

You’ll deal directly with me rather than being passed between different departments or account managers.

More than 20 years’ experience

As a Chartered Accountant with more than 20 years’ experience, I bring extensive accounting and taxation knowledge to your business.

Practical advice

I focus on explaining your numbers and tax position in plain English so you can understand what is happening and what your options are.

Local service

I’m based in Busselton and work with businesses throughout Busselton, Vasse, Dunsborough, Margaret River and the wider South West.

Ongoing support

If you want more than an annual tax return, I can provide ongoing accounting and business support throughout the year.

Looking for a small business accountant in Busselton?

If you’re looking for a small business accountant in Busselton who can help with more than just your annual tax return, I’d love to hear from you.

Whether you’re starting a new business, looking for a new accountant or simply want more support with your existing business, we can discuss where you’re at and what help you need.

Let’s make your accounting simpler and help you make better business decisions.

Book a consultation

Contact Accelerated Freedom Accounting today to arrange an initial discussion about your accounting and tax needs.

Book a consultation – Select your date and time

Email us – angie@acceleratedfreedomaccounting.com.au

Phone us – 0416 679 609

Serving small businesses in Busselton, Vasse, Dunsborough, Margaret River and throughout the South West of Western Australia.