"Good bookkeeping is key to good business management and growth. It gives you the data and power to make the right decision for your business.”
Why use H&R Block for your bookkeeping services?
Save your time
No more late nights and weekends trying to balance your books, pay taxes or sort out payroll issues
Save your cost
Reduce your accounting costs by presenting clean books to your accountant
Give you peace of mind
We specialise in bringing your books up to date and can deal direct with the ATO for you
Get real time visibility into your business financial performance and opportunities to improve
Benefits of investing in third party bookkeeping services
Running a small business isn’t easy. In between generating turnover, purchasing supplies and managing staff, many business owners find that the much vaunted “freedom” of running a business rather than being employed can lead to the exact opposite of freedom. Working days expand, leisure and family time disappears as weekends and evenings are spent keeping on top of the essential tasks.
Tax considerations for new businesses
So, you’re setting up a new business and you need to know the tax implications. The first question you’ll need to consider is what structure to use. Do you form a company, or maybe a trust or do you simply set yourself up as a sole trader?
It helps to know the difference between each business structure. Read about business structures, registrations you may need and tax breaks.