Accounting for Service Professionals
At North Advisory our chartered accountants take care of your financial health while you take care of your clients. We have many years of experience providing accounting and tax planning services to fellow professionals and their families. We save you time, remove worries about compliance and help you make your business more productive and profitable.
Our team of qualified accountants understand the complexities and finer points of taxation for service professionals.
We start by discussing with you your current business and family situation and your goals for the future. We chat about your attitude towards business, employment and risk. Once we understand you… then we can structure your affairs so that your taxes are at an optimal level for your business and your family.
How you structure your business has massive implications for you in terms of protecting your assets, planning your tax and formulating an exit strategy.
Once we've taken time to understand your goals and aspirations we can set up the right business structure for you. This might be a company a unit trust, discretionary trust or hybrid trust - the final decision will be based on what's right for your circumstances.
And when you're ready to move on we can help you get your business ready for sale to ensure a smooth exit for you.
We understand that fellow service professionals often have large teams and this can create headaches in terms of meeting all the taxation requirements.
Our team have up to date and detailed understanding of employment awards and standard redundancies, annual leave payments and workers compensation insurance.
And of course we provide all services you expect from a public accounting firm in a timely manner.
- Preparation of Annual Financial Statements and Income Tax Returns
- Preparation of monthly/quarterly BAS
- Corporate Secretarial – all the ASIC related administration
To chat about your financial health call us on 02 9984 7774 We're based in Dee Why on Sydney's Northern Beaches