Business
Accounting and tax for small businesses
For tradies, retailers and professionals across Melbourne. Tax, BAS, bookkeeping, payroll and advice from chartered accountants in Carnegie.
Rated 5.0 out of 5 from 25 Google reviews · Chartered accountants · Registered tax agent
Who we work with
As your small business accountant, we look after your tax, BAS and books, so you can focus on running your business. We work with small businesses of all kinds, with a focus on tradies, retailers and professionals.
Tradies
Electricians, plumbers, builders and other trades. We help with BAS, vehicle and tool expenses, and taxable payments annual reports (TPAR) where required for payments to building and construction contractors.
Retailers
Shops, cafes and online stores. We help with GST on your sales, stock and cost of goods sold, and payroll for casual and part-time staff.
Professionals
Consultants, health practitioners, designers and other service businesses. We help with your business structure, the personal services income rules and PAYG instalments.
Sound familiar?
Common problems we help business owners fix.
“My BAS is always late”
We keep your books up to date and prepare and lodge your BAS. Quarterly BAS is part of every All You Need package.
“My tax bill was bigger than I expected”
As part of your agreed tax planning service, we review your numbers before your financial year ends and explain your options. Tax planning is included in All You Need Small and Medium.
“Payroll takes up too much of my time”
We can run your pay runs, Single Touch Payroll reporting and super payments for you.
“I’m not sure my business structure is right”
We explain the options (sole trader, partnership, company or trust) and how each one affects your tax. Start with a Setup Right session: 60 minutes and a written summary.
Our small business services
Business Accounting & Tax
Annual accounts, tax returns and BAS for sole traders, partnerships, companies and trusts, plus ASIC compliance for companies.
Bookkeeping
Up-to-date books in Xero, QuickBooks or MYOB, ready for your BAS and tax return.
Payroll
Pay runs, Single Touch Payroll, Payday Super administration, and help with Victorian payroll tax and WorkCover registration and reporting where required.
Tax Planning
A review before your financial year ends, so you know where you stand and what your options are.
Business Structuring & Advisory
Tax and business advice on choosing or changing your structure, budgets and cash flow. Start with a Setup Right session. Legal documents come from a specialist legal document provider or your lawyer. We don’t provide legal, financial product or credit advice.
Fixed-fee packages
Know your fee before work starts. Our All You Need packages give you year-round support for an agreed scope of work and a fixed monthly fee.
All You Need
Sole Trader
From $225 + GST a month
($247.50 incl. GST)
Sole traders with turnover up to $300,000. Up to $1 million: from $350 + GST a month ($385 incl. GST).
All You Need
Micro
From $350 + GST a month
($385 incl. GST)
Companies and trusts with turnover up to $300,000.
All You Need
Small
From $600 + GST a month
($660 incl. GST)
Turnover up to $1 million. Includes tax planning.
All You Need
Medium
From $800 + GST a month
($880 incl. GST)
Turnover up to $3 million. Includes tax planning and a mid-year review.
All You Need
Larger
Tailored, from $1,200 + GST a month
($1,320 incl. GST)
Turnover above $3 million.
Other entities, investments, payroll and bookkeeping are added on, and every client gets a fixed quote after a Clarity Check. ASIC’s own fees, such as a company’s annual review fee, are charged on top.
Fresh Eyes Review
Not sure your last tax return was right?
Get a second opinion with a Fresh Eyes Review. We review your tax return or BAS, explain what we find and what your options are. From $495 incl. GST.
Your accountant in Carnegie
Angkor CA was founded in 2018 by Hy Seng, who has worked in accounting since 2013. We’re based in Carnegie, we explain things in plain English, and we speak English and Khmer.
Frequently asked questions
Do you only work with tradies, retailers and professionals?
No. They are our focus, but we work with small businesses of all kinds. Book a free chat and tell us about yours.
When do I need to register for GST?
You must register when your projected GST turnover (this month plus the next 11 months) is $75,000 or more, or when your current GST turnover (this month plus the previous 11 months) reaches $75,000, unless the ATO is satisfied your projected turnover will be lower. GST turnover is worked out under special rules, so it isn’t simply your total sales. Apply within 21 days of becoming required to register. Businesses supplying taxi, limousine or ride-sourcing services must register regardless of turnover.
What software do you work with?
We work with Xero, QuickBooks and MYOB.
Can you take over from my current accountant?
Yes. Once you’ve signed our engagement letter and given us your authority, we contact your previous accountant to request your records and coordinate the handover, including any ATO agent nomination you need to complete.
How much do you charge?
Our All You Need packages start from $225 + GST a month ($247.50 incl. GST) for sole traders and from $350 + GST a month ($385 incl. GST) for companies and trusts. New business clients start with a Clarity Check: $500 + GST ($550 incl. GST), which comes off your first-year fees if you go ahead within 60 days. See our Pricing page for more. ASIC fees, such as a company’s annual review fee, are payable separately where applicable. We agree the scope and our fees with you in writing before work starts.