We’re not just small business tax accountants, we’re small business owners and growers too.
Our small business accounting team is here to help you make running your business as easy and enjoyable as possible. Whether you need assistance with tax planning or reviewing your business structure, we're here to make a difference. We'll not only manage your accounts and minimise your tax bill, but also help you plan out your goals and be there to celebrate with you when you achieve them. Find out more about how our accounting team can support your business below.
Running a small business is challenging at the best of times, especially when it comes to accounting. Our tax compliance specialists will help you stay on top of your obligations and implement tax-effective strategies tailored to your business.
It’s a mistake for small business owners to get bogged down with their own bookkeeping and financial obligations. Our bookkeeping services will help ease the pressure of admin, allowing you to focus on the important items that will drive your business growth.
Growing your business is harder when you’re doing it on your own. Our CPA & Chartered Accountants are experienced in growing small businesses in the Australian market. Get business advice from accounting experts who can take your business to the next level.
Tax planning is when our business tax accountants do some of their best work. We’ll work with you to review your financial situation, plan and time your tax instalments, forecast your tax costs and help implement the tailored strategies to minimise your tax bill.
Getting your business set up right will save you from having to unsnarl a big mess down the road. Whether you’re building a business plan or just need quality advice, you’ll have access to accounting experts who specialise in small business.
Whether you’re a sole-trader, partnership, trust or a company, choosing the right business structure is critical to your growth. No matter your type of business, we’ll make sure that you have the right business structure in place to set you up for success.
If you are choosing a Self-Managed Super Fund to plan for your retirement, the right people will make investing in your future easy. We’ll help set-up your SMSF, perform ongoing administration, ensure tax compliance and help you maximise your return on investment.
We offer Virtual CFO services that deliver expert financial management and analysis, freeing up you up to focus on growing your business. Through regular reviews, we’ll perform modelling, budgeting, forecasting, reporting and help identify necessary changes, ensuring the continued financial stability of your business.
Had my Tax done by Sam at Elephant Accounting. A wealth of knowledge and information. Great advice which helped me tremendously for future Finacial decisions. Can highly recommend him and the company for Tax advice.
"Oz and Sam were enormously generous with their time in helping me with my taxes. Oz was always available to take my calls and answer questions despite my limited accounting knowledge. Would strongly recommend them to anyone who's looking for good people to be their accountants. Thanks guys!"
"Sam is an absolute delight to deal with. Very efficient and knowledgeable. I have dealt with accountants previously but never received great service and great refunds till I used Sam from Elephant Advisory. Highly recommended!!"
"Oz and the team always finish the work efficiently, and easy to get along with. Whenever we got questions, a quick call or an email sent and then the problems resolved promptly. We highly recommend Elephant Advisory to anyone who is looking for a good accountant and a tax advisor."
"Sam is an absolute delight to deal with. Very efficient and knowledgeable. I have dealt with accountants previously but never received great service and great refunds till I used Sam from Elephant Advisory. Highly recommended!!"
"Had my Tax done by Sam at Elephant Accounting. A wealth of knowledge and information. Great advice which helped me tremendously for future Financial decisions. Can highly recommend him and the company for Tax advice."
"Oz and the team always finish the work efficiently, and easy to get along with. Whenever we got questions, a quick call or an email sent and then the problems resolved promptly. We highly recommend Elephant Advisory to anyone who is looking for a good accountant and a tax advisor."
Sam at Elephant Advisory has looked after my business since it opened almost 5 years ago. He is helpful sometimes with gentle business advice and experiences. He has been accurate and timely with every single piece of help I've needed. I regularly recommend this group to all of my mates looking for accountants.
Many business owners fall into the same tax traps, leading to unnecessary costs during the critical early stages of your business journey. In this article, we’ve outlined five of the most common types of tax mistakes that small business owners make and the steps you can take to avoid them.
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When your budget is tight, weighing up what parts of your business to outsource can be a tough decision. In this article, we’ll outline what some of the best processes to outsource are, and how to improve the efficiency and productivity of your small business.
read more
Far from a splash of cash, the decision to control spending and limit inflation has meant that there are few surprises to come out of this year's budget. So who are the winners? Our experts, Oz, Shehan and Sam, have shared their biggest takeaways.
read moreA small business accountant assists in navigating the complex Australian tax system which includes; setting up your business, lodging your business activity statement (BAS), discussing your structure (company, trusts, sole trader) to assisting with year-end tax returns and Australian Tax Office (ATO) lodgements. They can further help with preparing for any government grants, provide support when applying for finance with your bank or work to help you grow your business.
You can complete your own tax work up to a certain point in small business, then it’s always wise to get a professionally qualified Chartered Accountant to assist with your Australian Tax Office (ATO) dealings. As your business starts to grow, you need to focus on your skillset and customers knowing full well a trusted tax advisor ensures the ongoing viability of your business.
In short, no. If you’re not yet familiar with the Xero accounting software, our small business accounting Melbourne team will bring you up to speed and help you set up your new account.
We believe the best management of your business accounts is through quality accounting software. That’s why we are a certified Xero Accounting Partner and work with all our clients to migrate to Xero to ensure ongoing access to accurate and correct business performance information.
We believe in a tailored approach to each client. In our discovery meeting, we get to understand what you are looking for from your accountant to ensure we are the right fit. We charge our clients monthly with an annual review to ensure you are happy with our services. All our prices are disclosed upfront so there are no surprises.
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