Accountants for consultants and professional services firms
Advice as considered as the work you do for your own clients.
- Free first consultation
- Fees agreed upfront
- Reply within one business day
- CPA & CA qualified
Consultants, contractors, agencies and professional firms sell their time and expertise. That brings its own tax questions, like how the personal services income rules apply to you, and its own business challenges, like keeping cash coming in while invoices wait to be paid.
We work with IT and management consultants, engineers, architects, designers, and marketing and creative agencies, from solo contractors to firms with partners and staff.
We work with clients across Melbourne from our offices in Mount Waverley, Port Melbourne and North Melbourne.
Problems we solve every week
You're not sure how the PSI rules affect you
If most of your income comes from your own skills or effort, the personal services income rules can change what you can claim and how that income is taxed. We'll explain where you stand.
Tax returns & planning →Invoices out, cash not in
We'll help you tighten up invoicing and follow-up in Xero and forecast your cash flow, so you can see the gaps coming.
Management accounting →Busy, but is it profitable?
Reports that show which clients and services actually make money, so you can price and plan with confidence.
Business advisory →Outgrowing your structure
Taking on partners, hiring staff or bringing in investors? We'll make sure your structure keeps up with the business.
Company & trust setup →How we help
Pick what you need now and add more as the business grows.
Tax returns & compliance
Returns for you and your business, with the PSI rules and tax planning handled properly.
Learn more →Business advisory
Pricing, growth and profit planning from advisors who understand fee-based businesses.
Learn more →Management accounting
Regular reports on profit, cash flow and unpaid invoices, so you know where you stand.
Learn more →Company & trust setup
Sole trader, company, trust or partnership: the right structure for how you earn.
Learn more →Bookkeeping
Books, BAS and payroll kept up to date while you focus on clients.
Learn more →Xero accounting
Xero set up for fast invoicing, automatic reminders and online payments.
Learn more →Getting started is easy
- 1
Free consultation
Tell us what's going on and what you need.
- 2
A clear plan and price
Only what you need, with the fee agreed upfront.
- 3
We take care of it
A qualified team you can call whenever a question comes up.
Frequently asked questions
What are the personal services income (PSI) rules?
They apply when most of the income from a contract is a reward for your own personal skills or effort. If they apply and you're not running a personal services business, the income is generally taxed as yours personally and some deductions are limited, even if you earn it through a company or trust. We'll work out whether they apply to you.
Should I operate through a company or trust?
It can help with asset protection, flexibility and tax, but the PSI rules may limit the tax benefits for some consultants. We'll compare the options using your numbers before you change anything.
I take money out of my company. Is that a problem?
It can be. Money taken out of a company needs to be handled as wages, dividends or a properly documented loan, or it can be taxed as an unfranked dividend under Division 7A. We'll help you set it up properly.
Do you work with firms that have partners?
Yes. We prepare partnership, trust and company returns, advise on how profits are distributed, and help growing firms with reporting and planning.
Let's talk about your business
Book a free, no-obligation chat with the team.