Small Business Accounting Services.

Saving you the time to concentrate on your core business activities

Running a small business is a full time operation that can effect the time you spend with family, friends and on out of work activities. As a result It can greatly impact on your health and lifestyle. Finding time to do the financial paperwork required and meet ATO obligations can be extremely difficult and stressful. The TaxGenius provide fully flexible accounting services for completing your accounting tasks. This will assist your time management and allow you to focus on the important things like your core business and your social activities. You can also pass the whole accounting process over to us with our complete small business accounting service. A qualified small business accountant manager is assigned to your business giving you continuity and a personal contact. Your account manager knows you and your business providing an efficient and friendly experience.


  • Your own personal qualified Small Business Accountant 
  • Bookkeeping – We do what you want. Fully customised packages for the amount of tasks you outsource to us.
  • Business Tax Return
  • Business Structuring – Is your business structured for efficiency?
  • Business Activity Statements. Calculations for GST Returns and GST Refunds.
  • Payroll calculations – PAYG and Superannuation
  • Financial reporting – Profit and Loss, Inventory, Income and Expenditure…..
  • Company analysis and forward planning advise
Small Business Accounting

Small Business Tax Return

When preparing a Small Business Tax Return the fully qualified tax accountants at TaxGenius work closely with clients to maximise deductions and minimise tax liabilities. The number one piece of advise we always give to clients is – keep all receipts for all your purchases. This is because you never know what may be a deductible expense at any given time. The accuracy of tax deductions that are possible is reliant on our tax knowledge of what is deductible and your relevant paperwork.

How your business is structured will also effect your tax efficiency. TaxGenius will advise you on the structure that best fits your current trading and how you expect to trade into the future. We will always advise you on how to be tax efficient.  Through closer relationship and getting to know your business we will always provide a cost effective way forward.

We are experts in the leading industry small business accounting software and the new cloud based software too. If you are not using any such software we can setup a suitable software for you. These software are time saving and easy to use so you can easily submit the required data yourself if you have the time.

Tax Planning

Your tax efficiency is the start of our business relationship with you and your business. Tax planning means we use the collected data to create an ongoing structure to provide wealth creation and financial security for the years ahead. With this structure in place you can grow your business and create a roadmap for you financial future from an informed position. This will include maximising tax deductions, tax effective investing and distributing income to your family effectively.

Bookkeeping Services for Small Business

In helping hundreds of small businesses over the years we have realised that every company works in a different way. What we have discovered is common is that people get time to enter the “big” data on Sales and large purchase items but just never keep up to date with the day to day receipts and daily petty cash expenditure. So petrol receipts, office sundry items just never get entered and are just put into an envelope to be worked on another day. Come BAS time this has grown to a significant number of receipts that just have not been entered and the activity statement is not prepared. This will automatically add to costs, delays in submission and delay to any GST rebate that might be due.

TaxGenius have created a totally flexible approach to Bookkeeping. We create a package around the accounting tasks you want or need us to do. So you can send us all those receipts in the envelope and we’ll do the data entry. We can do this monthly or quarterly to fit in around your submission dates. By working on this together over a period of time we can devise the most cost effective way to Over a period of time we will work together to ensure a cost effective, on time and streamlined framework for your bookkeeping.

Alternatively you can try our complete bookkeeping and record keeping service where you simply get us to do all your data entry and BAS submission for you. This will make submission on time and make your annual tax returns are a more straight forward process. This can actually be a cost saving as last minute data entry and submission can be more expensive. You will also find you have more quality time available to you.

Whatever you decide there will always be a qualified bookkeeper on your account and you can talk to us at anytime.

Our Bookkeeping for Small Business service is designed for you to integrate with your own workflow and provide you with a cost effective flexible service. The workflow can always be reassessed and vary to fit your current commitments. Contact us with any questions you have without any obligation.

Business Structure

Australia has 4 common types of business – Sole Trader, Company, Trust and Partnership.

There are advantages and disadvantages of each type and the best option for your business needs to be assessed. A sole trader you will have fewer reporting requirements. You do not need to setup a business bank account, for example, but you would be liable for all loses and any personal assets you have would be at risk if things were to go wrong.

A company structure is more regulated. You have to register for GST if your income is over $75,000. There are startup and running costs. You need a company bank account. You do have limited liability if things do go wrong.

Feel free to discuss about all the implications of your business structure with us. We also advise that you chat with your lawyer or legal representative.

Further information about these structures is available at the website

Contact us with No Obligation

If we can help you decide on the way forward in any way, we will be absolutely delighted. By the way no question is a stupid question so ask a way!

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