What makes a great accountant?
Posted 28 Mar '17
Posted 28 Mar '17
Recently, we’ve had 3 new clients come to us that all share a common problem.
They have been fined and penalised by the ATO for late lodgement of BAS returns, due to their previous accountant not completing and lodging their BAS on time. (Crazy we know!)
Learning of our client’s frustrations with their previous accountants, we feel obliged to answer the question; ‘What makes a great accountant?’
We believe that it all comes down to the basics of providing a quality service, whether you’re an accountant, a removalist or a hairdresser, we believe you are obliged as a business owner to deliver what you promise.
In this case, if you offer BAS lodgements, they should certainly be lodged accurately and on time. If it’s anyone’s job to remember the BAS lodgement due date, it should be an accountant right!?
In our opinion. There is a simple formula to what makes a great accountant, or any business owner at that…
At Empire Accountants, we genuinely care about our clients and their businesses. We understand that as business owners managing your finance, marketing, sales and staff is time-consuming and hard work! This is why you should receive a complete service from your accountant, one that ensures that managing your tax planning, end of year compliance and business growth goals are met on time and budget.
To book a consultation with either of Empire Accountants Partners Beth or Luke contact us today on 07 5630 6585
Many business owners think tax planning means meeting with their accountant in June and finding a few last-minute deductions before the end
of the financial year.The reality is that true tax planning starts much earlier in the year.
For established businesses, proactive tax planning isn’t about scrambling to reduce tax at the last minute. It’s about creating a strategy
throughout the year that supports business growth, improves cash flow, and helps owners make better financial decisions.
For many small business owners, the end of the financial year (EOFY) feels like the finish line. Once tax planning is complete, financial statements are prepared, and compliance obligations are lodged, it is tempting to return to business as usual.