Your Bookkeeper Accountant and Tax Advisor

Bookkeeping, Tax advice and Accounting Services
Sydney business owners endorse.

We are proud to partner our clients as they navigate the twists and turns of business. We are a family business and have been doing this for 20 years. We understand that the decisions you make for the growth of your business will also impact your family and life plans.

Sydney Business Accounting, Tax Advice & Bookkeeping Services

Yes. But it is how we do it that sets us apart. We are a small firm with a large firm offering and being a small business ourselves, we understand first hand the issues that you are experiencing.

 

Whether it be Accounting services, Tax advisory, Bookkeeping services or CFO Services; our expert and passionate team are here to help.

Bookkeeping Services Sydney

We will save you time, money and stress. Let us manage everything from accounts payable to BAS lodgement and payroll.

 

We will set up your systems and give you peace of mind that this part of your business is built to support your growth and free you up to do what you love.

Accounting Services Sydney

Our understanding & experienced team offer a wide range of services including:

 

  • Preparation & interpretation of your financial position. 
  • Preparation & lodgement of income tax returns.
  • All your compliance requirements.
  • Liaison with other legal and financial professionals.

We will work with you to provide direction and give you the confidence to grow, knowing we have your back.

Tax Advisory Sydney

Your business is a growth journey – there will be twists and turns, the expected and unexpected. 


We get it – we are also a family business experiencing the same journey and are proud to have been working with our clients as they navigate the roller coaster of business for more than 20 years.

We can advise you on structuring your business for asset protection, tax minimisation, retirement planning and succession planning.

CFO Services Sydney

We recognise the power of numbers to tell a story and improve decision making.  Our bespoke services are  designed to create the right reports for your business so you can make the right decisions at the right time and keep your business moving forward.

 

We know that small businesses need this information early in their growth phase but do not always have access to it.  We believe in making this possible and bringing your numbers to life as soon as possible in your business journey.

What excites me most is being there for our clients. At Inline, our staff and clients are our family. I wouldn’t have it any other way!

– David Mah Chut, Director

Meet the Inline Partners

QUESTIONS TO ASK WHEN LOOKING FOR
THE RIGHT EXPERT SUPPORT

ACCOUNTING SERVICES SYDNEY

Some questions to consider when looking to work with a Sydney Accountant?

  • Why is it important to find the right accountant with the right accounting services?
    • The right professional partner accountant will ask you lots of questions about both
      your business and personal goals so any advise they provide will be aligned to those
      goals
    • To help you choose best structure for your entity – tax-effective, best for your future goals eg do you want to build and sell or are you looking to keep it long term, your risk profile, other investment priorities, stage of life/family commitments etc
    • To guide and provide professional advice to assist you in planning for future
      growth
    • To assist in planning for changes in ownership or structure
    • Plan for succession or having an exit strategy
    • Ensure  you are complying with tax, GST, super, payroll obligations
  • When should I contact my Sydney Accountant?
    • When buying or selling anything
    • Starting a new venture.
    • Considering a change to structure.
    • Planning for growth.
    • When your tax return or BAS statement is due.
    • Check your compliance processes are in place.
  • What are my tax and GST obligations and when are they due?
  • How are my results year or year? How much money am I making? Am I growing?
  • What targets are reasonable to set? How do I track and manage these targets?

Common mistakes businesses make when choosing their Sydney Accounting Services
partner

  • Deciding based on price. The cheapest option usually does not always have the breadth of experience we have at Inline Partners. It is essential to have professional advisor who has the expertise to recognise a potential issue and identify all possible scenarios.
  • Choosing the most expensive option may not be the best advice either. Sometimes the most expensive option may mean that you do not get the same personalised service you would receive from Inline Partners.
  • Not asking enough questions about the accounting services the potential Accountant will provide.
  • Not getting to know the potential Accountant – do you like them? What questions did they ask you? How do they work? Do they seem professional and know what they are talking about? Ideally you want to get a sense that the accounting services they provide are suitable for the future and not just focussing on the short term.

TAX ACCOUNTANT

What 5 questions should I ask my Tax Accountant?

  • Does my current structured offer flexibility for your future plans?
  • Is my current structure tax effective?
  • What should I be doing now to plan for exiting later?
  • What should I be doing now to allow me to transfer the entity to my kids later?
  • How should I pay myself? Should it be as an employee, as dividends, as a management fee etc?
  • Do you provide tax advice?
  • Will you give me tax tips?
  • Are you a tax return accountant?
  • Will you do my tax return?
  • Will my tax return get easier?
  • What is a tax agent? Is this different to a tax accountant?

Common mistakes businesses make when choosing their Tax Advisory partner

  • Deciding based on price. The cheapest option usually does not always have the breadth of taxation experience we have at Inline Partners. It is essential to have a Tax accountant who has the expertise to recognise a potential issue and identify all possible scenarios.
  • Choosing the most expensive option may not be the best advice either. Sometimes the most expensive option may mean that you do not get the same personalised service you would receive from Inline Partners.
  • Not asking enough questions about the taxation or financial support the potential Tax advisor will provide.
  • Not getting to know the potential Taxation advisor – do you like them? What questions did they ask you? How do they work? Ideally you want to get a sense that the tax advice they provide is looking forward and not just focussing on the short term.

BOOKKEEPING SYDNEY

What 5 Questions should I ask my Bookkeeper?

  • How often will my accounts be reconciled?
  • What are the signs that I need to invest in a bookkeeper?
  • What are the advantages of using a professional bookkeeper?
  • How do I contact you? (email, chat, video calls).
  • What are your qualifications?
  • Are you a registered BAS agent? You can search here https://www.tpb.gov.au/registrations_search

What bookkeeping services can I expect?

  • Processing payroll and lodging to the ATO via Single Touch Payroll (STP).
  • Processing and lodging your superannuation obligations.
  • Accounts Payable including entering and paying your bills.
  • Reconciling all bank transactions
  • Accounts Receivable including raising sales invoices.
  • Monitoring and management of your accounts email address.
  • Preparing and lodging your Instalment Activity Statements (IAS) and Business Activity Statements (BAS).
  • Calculating and lodging payroll tax.
  • Keeping track of your ATO lodgement obligations.

Common mistakes businesses make when choosing their professional Bookkeeper

  • Deciding based on price. The cheapest option usually does not always have the breadth of experience we have at Inline Partners. It is essential to have an Accountant who has the expertise to recognise a potential issue and identify all possible scenarios.
  • Choosing the most expensive option may not be the best advice either. Sometimes the most expensive option may mean that you do not get the same personalised service you would receive from Inline Partners.
  • Not asking enough questions about the bookkeeping support the potential Bookkeeper will provide.
  • Not getting to know the potential Bookkeeper – do you like them? What questions did they ask you? How do they work? Ideally you want to get a sense that the bookkeeping support they offer is suitable for the future and not just focussing on the short term.

FINANCIAL & CFO ADVISORY SERVICES

What questions should I ask my Sydney Virtual CFO

  • How can I improve my cash flow?
  • How can I improve my financial performance?
  • What are the best systems for me (inventory/POS/project management, proposal delivery, debtor collection etc)?
  • How can we run more efficiently?
  • How are my results this month compared to prior months or years?
  • What Key Performance Indicators (KPIs) should I be focused on?
  • Why is our CFO support better than what I can do internally?

Common mistakes businesses make when choosing their CFO partner

  • Deciding based on price. The cheapest option usually does not always have the breadth of experience we have at Inline Partners. It is essential to have an Accountant who has the expertise to recognise a potential issue and identify all possible scenarios.
  • Choosing the most expensive option may not be the best advice either. Sometimes the most expensive option may mean that you do not get the same personalised service you would receive from Inline Partners.
  • Not asking enough questions about the support the potential virtual CFO partner will provide.
  • Not getting to know the potential virtual CFO – do you like them? What questions did they ask you? How do they work? Ideally you want to get a sense that the CFO support they provide is looking forward into the future and not just focussing on the short term.

INLINE PARTNERS

Why should I use Inline Partners for my Financial & Accounting services Sydney?

  • We have a very experienced team with a breadth of accounting services. Our directors have broad experience and work together, combining their expertise to provide high standard advice and guidance to all our clients.
  • We don’t work in silos – we all know all our clients and together work to solve their problems, navigate their challenges and support their growth.

Why should I use Inline Partners for my Tax Advisory Sydney?

  • Our tax advice and taxation guidance are provided by a very technical experienced CA who has over 30 years of experience.
  • We are friendly, reliable, and local.
  • We understand your business and your family life are entangled. We take the time to get to know you and your situation to ensure we can provide the best taxation advice for YOU.

Why should I use Inline Partners for my Bookkeeping services Sydney?

  • Our bookkeeping advice is provided by very experienced staff and managed by a Chartered Accountant with 20 years’ experience. We know what we are doing.
  • We have efficient and reliable processes and workflows; nothing falls through the cracks.
  • We are on top of all your obligations. As business owners, we know it’s hard to keep on top of everything when everything is due! Don’t worry; we do it for you!
  • We are friendly, reliable and local.